The report says the risk to companies of reputational damage by benefitting from human rights abuses is ‘high’. Case studies it carries ‘demonstrate that despite well-elaborated Corporate Social Responsibility (CSR) policies, UK-based mining corporations do not always operate in a socially responsible way.’
ABColombia’s Programme and Advocacy Manager Louise Winstanley explained: “Despite the context of human rights abuses and the risk of corporations inadvertently infringing human rights, some British corporations investing in Colombia already appear to be benefiting from weak governmental institutions to make even higher profits.
“Given the potential for human rights violations, environmental degradation and the destruction of ecological capital that mining corporations can cause, it is essential that corporations are held to account for their behaviour overseas.”
No comments:
Post a Comment