Monday, May 07, 2007

NEWS: Legislating Corporate Social Change

The next step in getting companies to create, integrate, and execute CSR practices could be congressional legislation. With bi-partisan support, S. 367, entitled “Decent Working Conditions and Fair Competition Act” has been sponsored by Senator Dorgan [D-ND] and Senator Graham [R-SC]. The bill would allow private plaintiffs and retailers to sue corporations that engage in unfair competition and/or deceptive trade practices by receiving products from sweatshops. Furthermore, the bill would prohibit sweatshop goods from being imported into the United States. The bill would provide for monetary damages, attorney’s fees, injunctive relief, FTC investigations, and the public publishing of corporate violators. As of now, the bill has only been introduced in the Senate. Only time will decide the fate of the bill. Learn more here.