The Necessity for Corporate Social Responsibility
(Northern Arizona University)
With companies growing on a global scale, businesses are able to provide new job opportunities where products are delivered at a lower cost. Local problems are becoming globalized and businesses are becoming ever more dependent on import and export. In the process, humanity has been forgotten and responsibility has been lost. Globalization has created new sets of problems for corporate businesses. Technology today is associated with progress, but it has led to cultural degradation. The key issue is those who are forgotten in the circuit of free trade. This is an outcome of the world becoming exceedingly interconnected and has led businesses to utilize third party factories, where accountability often becomes absent. The repercussions include corporations violating workers rights and harming the environment. International human rights have been ignored and many indigenous groups are being exploited. In order to sustainably cope with the high demand and growth in our economy, companies need to be held responsible for following the policies of corporate social responsibility (CSR). This paper identifies the lack of responsibility in third party companies and defines the policies necessary to protect workers’ rights.