What are the international standards on corporate social responsibility?

International standards on corporate social responsibility (CSR) are standards established by organizations around the world on how corporations should behave when conducting business. Generally, these standards urge corporations to prioritize the protection of human rights, the environment, and public health. In Oregon, international standards on corporate social responsibility are not binding or enforceable in a legal context. However, businesses may face reputational consequences or boycott if they are seen to be conducting their business activities in a socially irresponsible manner. This is why many businesses in Oregon and around the world are increasingly engaging in CSR activities, even though it may not be legally required. For example, the International Human Rights and Environment Principles, developed by the United Nations Global Compact, are a set of guidelines that many Oregon businesses follow when conducting business activities. These principles emphasize the importance of respecting human rights in the context of business operations, as well as protecting the environment. Additionally, the International Organization for Standardization has developed the ISO 26000 standard, which outlines the core practices that businesses should consider when developing CSR strategies. Overall, international standards on corporate social responsibility provide guidance and expectations on the responsibilities of businesses. While these standards may not be legally binding in Oregon, they are increasingly seen as essential elements of responsible business conduct.

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What are the international standards on corporate social responsibility?

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