APEC-host Peru to push corporate social responsibility at summit

by Dave


Peru plans to table the need for corporate social responsibility as a crucial element of globalization at the Asia Pacific Economic Cooperation (APEC) summit to be hosted by Lima next November, Peru’s deputy foreign minister said Thursday. “If you are living in the Andes where you don’t have electricity, education and health services and you have next door a very important international company that is making billions of dollars exploiting gold, silver and copper, that creates a social problem,” noted Gonzalo Gutierrez Reinel during a visit to Bangkok.

Peru, fresh from hosting a summit of 68 heads of state from Latin
America, the Caribbean and Europe last May, will host the upcoming
APEC summit on November 22-23. The annual APEC leaders’ meeting
is expected to focus on regional efforts to create a free trade area,
the food and energy crises and what Peru perceives as a growing need to
agree the importance of corporate social responsibility
. “We
need companies to be aware of that, because if they have a social
element they can be accepted and considered a part of society, and the
possibility for working in a peaceful environment is going to improve a
lot,” said Reinel.