Sustainable Development in Emerging Markets & CSR Codes of Conduct: Oil and Gas Industry in Brazil

Authors

  • Ligia Maura Costa FGV-EAESp

DOI:

https://doi.org/10.12660/joscmv1n1p44-66

Keywords:

CSR, Oil and Gas Industry, Sustainable Development Law, Human Rights, Environment, Socio-Economic Issues

Abstract

This paper intends to provide a comparative analysis of corporate social responsibility codes of conduct (CSR Codes) of the oil and gas industry operating in Brazil with the provisions embodied in the international legal framework system, such as the United Nations Declaration of Human Rights and the Fundamental Conventions of the International Labour Organization. For comparative purposes, and given the usual structure that CSR Codes tend to follow, the analysis has been developed around the three most emphasized issues - namely, labor and human rights, environment and socio-economic issues - which in turn have been divided into common subcategories of CSR Codes. One can argue that if CSR Codes are actually based on the new international sustainable development law, which may be used to verify CSR Codes' compliance and enforcement, CSR Codes can be seen as a «global commons» understanding framework to improve sustainable development operations in emerging markets such as Brazil.

Author Biography

Ligia Maura Costa, FGV-EAESp

Full professor at Escola de Administração de Empresas de São Paulo - Fundação Getulio Vargas (FGV-EAESP). She received her habilitation degree in international law ("livre-docência") from Faculdade de Direito da Universidade de São Paulo (FDUSP). She holds a Ph.D. and a LL.M both in international trade law from the Université of Paris-X and a Bachelor's Degree in Law from FDUSP. She was a Visiting Scholar at the University of Michigan Law School and was a postdoctoral fellow at Sciences Po, Paris. She is author of 10 books and many articles published in Brazil and abroad, having worked at the WTO in the Legal Affairs Division. Professor Costa was visiting professor at HEC-Paris during the spring 2011 and she is visiting professor at Universität St Gallen since 2007. She is professor at Sciences Po. Besides, she has taught and lectured in several other foreign countries, including US, Peru, Mexico and Argentina

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Published

2012-07-18

Issue

Section

05.Sustainability of Operations