What are the international standards on corporate social responsibility?

International standards on corporate social responsibility (CSR) are the international laws, rules, and regulations that establish the ethical and legal responsibilities of businesses around the world. In the United States, a specific set of laws and regulations applies to businesses operating in the State of Nevada. The most important international standard regarding CSR is the United Nations Global Compact, a voluntary agreement that commits businesses to uphold human rights, labor standards, environmental protection, and anti-corruption measures. The Global Compact outlines 10 principles for responsible business, which serve as the foundation for CSR actions worldwide. These principles are derived from the International Labour Organization (ILO), the Universal Declaration of Human Rights, the Rio Declaration on Environment and Development, and the United Nations Convention against Corruption. At the state level, business in Nevada must adhere to the Nevada Revised Statutes, which cover topics such as business ethics, corporate governance, and labor laws. Additionally, Nevada businesses should be familiar with various other local and state regulations related to CSR, such as environmental protection laws, anti-discrimination laws, and consumer protection regulations. Ultimately, by adhering to these international standards, businesses in Nevada, and around the world, can ensure that their business practices are ethical, sustainable, and in compliance with legal requirements. Corporate Social Responsibility is an essential part of business operations – both for protecting workers, the environment, consumers, and for the long-term success of the business itself.

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