Human Rights Responsibility in the Global Supply Chain: The Challenges and Strategies for Multinational Corporations in the Context of the Xinjiang Cotton Incident
Yihao Zhang ()
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Yihao Zhang: Henan University
A chapter in Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024), 2024, pp 74-84 from Springer
Abstract:
Abstract The human rights responsibilities in global supply chains pose significant challenges for multinational companies. With the deepening of globalization, supply chains have become increasingly complex, involving multiple countries and regions, as well as various production and service links. This complexity makes it difficult for multinational companies to fully control potential human rights issues within their supply chains. These issues include, but are not limited to, labor rights, health and safety, environmental protection, and fair trade. To address these challenges, multinational companies need to develop and implement comprehensive human rights responsibility policies, strengthen cooperation and supervision with suppliers, and ensure that every link in the supply chain meets international human rights standards. Additionally, multinational companies should strengthen cooperation with governments, international organizations, and non-governmental organizations to jointly promote human rights protection in global supply chains. Only by doing so can multinational companies achieve sustainable development in the context of globalization while maintaining their reputation and brand image.
Keywords: Human Rights; Transnational Corporation; Business (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-546-1_9
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DOI: 10.2991/978-94-6463-546-1_9
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