Stop and think | fDi Intelligence – Your source for foreign direct investment information - fDiIntelligence.com
Sustainable development used to be the least of a company’s concerns when making investments. Now it is one of the most important issues. Companies, and even countries, that get corporate social responsibility wrong pay a huge price. Ashleigh Lezard reports. Multinational corporations are pulling out of Cambodia because of the country’s sweatshop image. Their own operations may be fine but they fear that such negative associations could bring a slew of bad publicity and cause them headaches with social action groups and shareholders around the world. If Cambodia cannot improve the situation, it will lose FDI to China. Advertisement This case illustrates how far things have come in the world of multinational investment. At one time multinationals – or at least some of them – did scour the world looking for countries without proper labour standards, without environmental restrictions and where problems could be solved by paying off government officials. These days, the risk of a major fa
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