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    Managing ethical standards: When rhetoric meets reality

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    Author(s)
    Dhanarajan, Sumi
    Editor(s)
    Eade, Deborah
    Publication date
    2005-06-01
    Subject
    Approach and methodology
    Private sector
    Keywords
    Development methods
    Corporate responsibility
    Development in Practice Journal
    DiP
    
    Metadata
    Show full item record
    Publisher(s)
    Oxfam GB
    Routledge
    Journal
    Development in Practice
    URI
    http://hdl.handle.net/10546/130753
    DOI
    10.1080/09614520500075946
    Document type
    Journal article
    Language
    English
    Description
    In the last two decades, the private sector has been placed under intensifying pressure to ensure it operates in an environmentally and socially responsible manner. Companies have moved through various phases of response, starting with a 'deny and defend' position, moving to 'paying penance' through donations and philanthropy, and currently settling on risk management through mitigating the negative impacts of their business operations. Drawing on research undertaken by Oxfam International mainly in the retail sector, as well as in the coffee and pharmaceutical sector, this article argues that the current approach is, as yet, inadequate. Simply mitigating negative impacts through castigating intermediaries or suppliers does not contribute to sustainable solutions. For the private sector to meet corporate social responsibility pledges, companies need to pursue alternative business models that forge connectivity, coherence, and interdependence between their core business operations and their ethical and environmental commitments.<p>This article is hosted by our co-publisher Taylor & Francis.</p>
    Pages
    10
    ISSN
    0961-4524
    EISSN
    1364-9213
    ae974a485f413a2113503eed53cd6c53
    10.1080/09614520500075946
    Scopus Count
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