SUSTAINABLE DEVELOPMENT IN EMERGING MARKETS & CSR CODES OF CONDUCT: OIL AND GAS INDUSTRY IN BRAZIL

Sunday, January 20, 2013

SUSTAINABLE DEVELOPMENT IN EMERGING MARKETS & CSR CODES OF CONDUCT: OIL AND GAS INDUSTRY IN BRAZIL

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

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.

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

Sustainable Development in Emerging Markets & CSR Codes of Conduct: Oil and Gas Industry in Brazil. In: Journal of Operations and Supply Chain Management - Special Issue, December 2012, pp 44 – 66; available at http://www.joscm.com.br/download/JOSCM_SPECIAL_ISSUE_4.pdf.

Ligia Maura Costa. Partner at Ligia Maura Costa, Advocacia, full professor at FGV-EAESP and associated professor at Sciences Po. Paris.

Ligia Maura Costa

Ligia Maura Costa is full professor at Escola de Administração de Empresas de São Paulo - Fundação Getulio Vargas (FGV-EAESP) and professor at Sciences Po., Paris and Universität St. Gallen. 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 University of Paris-X and a Bachelor’s Degree in Law from FDUSP. She was Visiting Scholar at the University of Michigan Law School and a postdoctoral fellow at Sciences Po, Paris. She was Associate Dean for International Relations at FGV-EAESP (2004-2010). She is author of several books and many articles in Brazil and abroad and has worked at the WTO in the Legal Affairs Division. In 2011, she was visiting professor at HEC, Paris and at Tsinghua University – SEM (School of Economics and Management) and in 2012 she was visiting professor at St. Petersburg State University – GSOM (Graduate School of Management). She has taught and lectured in several foreign countries, such as US, Peru, India, South Korea, Mexico and Belgium, among others. She is partner of the law firm Ligia Maura Costa, Advocacia with offices in São Paulo and Paris. She has been practising law for more than twenty years, as lawyer counsel and arbitrator, acting in Brazil and abroad, advising companies, individuals, governments and international organizations. She has experience in arbitration procedures, having being appointed as arbitrator in different jurisdictions. Ligia Maura Costa has extensive experience in international contracts negotiations, preparing legal opinions, structuring M&A and joint ventures agreements and drafting and implementing CSR codes. Website: www.ligiamauracosta.com

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Sunday, January 20, 2013