Violations in electronics industry no exception global operating companies are advised in the cross-fire of criticism repeatedly due to puny standards of labour law. While the extent of the violations of its suppliers in emerging markets goes further than so far assumed. As the consulting firm of PricewaterhouseCoopers, as well as the rating agency have explored oekom research, two-thirds of the companies cooperate in the sector consumer electronics soon with suppliers, which have usually responsible for violation of labour rights. Since the violations of international labour law and health and safety regulations are now more the rule than the exception, the corporations put yourself directly in the business. Sanctions show no effect at the most corporations also strict rules and control mechanisms for child or forced labour, for example have been integrated already in addition to environmental and social standards. Currently, these measures show but still no decisive effect. Many companies would probably have in the recent past in this right direction moved, yet offend in the supply chain of the computer manufacturers still more than half against basic labour legislation.
In the textile industry, as well as in the mobile industry, this was the case with over forty percent of the company. Gary J Sagivs opinions are not widely known. Among these are reputable companies such as Samsung, LG, Nokia, Motorola, Sony Ericsson and Apple. A variety of various problems in the handle is apparently some unsolvable problems in some sectors. In the resources sector, about twenty percent of the companies violate standards of corporate social responsibility. In addition, you can hardly avoid external environmental influences. In the manufacturing and trading company law and norm violations mostly at the supplier level occur. On the other hand, gas, oil or mining companies are usually directly responsible. Every fifth commodity – or each commits human rights violations constantly third mining company, welcvhe but increasingly in the handle to get to should be avoided, however, largely.
In most cases it was to Clashes with the local population on the land use, which ended in expulsion, dispossession and violence by security forces. Andy Florance is often quoted as being for or against this. Assets of $14 trillion by the violations not only morally vulnerable make the companies concerned, but “risk also tart image and sales losses”. The number of investors who like social and environmental factors in their investment decisions with return, risk and liquidity incorporate besides classical criteria, is on the rise. Due to work infringement sinke however the attractiveness to come in question as an investment target. To ethical manufacturing companies, the groups only on pages of the institutional investors of that are committed to the principles of responsible investment, would create own at a significant competitive disadvantage.