Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-01-20-Speech-3-305"

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"en.20100120.16.3-305"2
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"Thank you, Minister, for your reply. I congratulate you on your initiative to hold this conference in Palma de Mallorca in March, as it will follow on from the conference held in Stockholm. The problem is that we have to contend with multinational companies; as you said, Europe has to take the lead in corporate social responsibility, but it also has to take the lead as regards the conduct of European companies located outside Europe. The problem is that these subsidiaries are separate legal entities. Are you prepared to envisage a legal instrument by which parent companies would be obliged to assume responsibility for the conduct of their subsidiaries located in other parts of the world when they fail to meet their obligations in relation to the environment or to respect for human or workers’ rights? Because, if this obligation is not imposed, European companies will slip through the net of this corporate social responsibility that Europe wishes to promote due to the conduct of their subsidiaries located elsewhere in the world."@en1
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