What does corporate accountability mean to you?

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CPE SERBIA

16/11/2025 19:23

Insights from Serbian Garment Workers: Workshop with Workers and Trade Union Representatives (November 15)

To ensure a fair and just global economy, there must be unwavering respect for fundamental labor rights, human rights, and the protection of the environment.

The current model, which often relies on voluntariness and corporate self-regulation, has demonstrably failed. These systems have not taken hold or been consistently maintained, particularly when applied to individual cases of abuse. For corporate responsibility to be meaningful and to truly exist, non-compliance with these rights must trigger an adequate sanction. Without a strong mechanism of enforcement, there is no guarantee that companies will adhere to standards.

This is why sanctions are essential: they are the only mechanism that enables genuine application of the rules. By enforcing sanctions, we achieve equal treatment of companies and create equal purchasing conditions across the supply chain, which, in turn, ensures equal market competition.

Furthermore, corporate practices must address how wealth is distributed. This requires a redistribution of added value and a critical look at current purchasing practices that often push costs onto workers.

Finally, any effective regulation must prevent companies from avoiding responsibility by simply moving business operations or liability onto associated companies or related legal entities.

Référence : CCC-DEBA-2025-05-79
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