Corporate social responsibility should mean offsetting business ties in China

U.S. companies are under tremendous pressure to implement policies and focus on investments that promote environmental sustainability and other social and governance goals. But one of the most important social responsibility decisions American companies will make is whether or how they should continue to do business in China.

The Chinese Communist Party (CCP), which will have an iron grip on China for the foreseeable future, is committing an ongoing genocide in Xinjiang. They have violated their international legal obligations by dismantling institutions that guaranteed the freedom of Hong Kong and sentenced the leaders of the democracy movement to prison. Even now, the CCP is turning their sights to Taiwan after devouring Hong Kong. 

The threat from the CCP is a generational political, economic, democratic and moral challenge that businesses cannot hope to ignore, placate, or appease. As their power and leverage grows, China’s actions have already…

Read more…