What are two main areas where issues are pertinent in the context of global Corporate Social Responsibility (CSR)?

In the context of global Corporate Social Responsibility (CSR), the focus on environmental standards and labor standards underscores the critical role that businesses play in promoting ethical practices. Environmental standards are essential as they relate to a company's impact on the planet, including resource use, waste management, and pollution control. Companies are increasingly held accountable for their environmental footprint, making sustainability a key component of their operations.

Labor standards, on the other hand, address the fair treatment of employees and their working conditions. This includes issues such as fair wages, safe working environments, and the prohibition of child labor and discrimination. As businesses operate across various countries, they must navigate different labor laws and ensure that their practices uphold basic human rights and dignity for workers.

The combination of these two areas reflects a comprehensive understanding of CSR, where organizations are expected not only to pursue profit but also to contribute positively to society and the environment. This focus aligns with global initiatives that encourage businesses to adopt responsible practices, thereby strengthening their reputation and fostering consumer trust.