Vatican: Dhaka factory collapse underscores need for global corporate social responsibility

Vatican Radio

Vatican: Dhaka factory collapse underscores need for global corporate social responsibility

(Vatican Radio) With the images of the Dhaka factory collapse in Bangladesh still before the eyes of the world, the Holy See has reminded United Nations members that “still in our own day the number of human lives that are lost or severely crushed as a result of unsafe working conditions remains too great”.

Below please find the statement by Archbishop Silvano M. Tomasi Permanent Observer of the Holy See to the UN and Other International Organizations in Geneva at the 23rd Session of the Human Rights Council

“Transnational Corporations and Human Rights”

Geneva, May 31, 2013
Mr. President,

The urgency of the call to increased Corporate Social and Environmental Responsibility was elevated to a new pitch for all stakeholders when the news about the collapse of a garment factory on the outskirts of Dhaka on April 24th spread rapidly around the world. The loss of more than 1,100 young lives coupled with the untold pain of their relatives, and the suffering and crushed dreams of hundreds more is a reminder of corrective actions that need to be undertaken by all corporations that participate in a global supply chain process that relies continually on the contribution of workers. The images of that disaster are also a reminder of the interdependence that globalization has brought about in transnational economic activity. Read more

Dignity of man central to ‘rethinking solidarity,’ says Pope

Dignity of man central to ‘rethinking solidarity,’ says Pope

Pope Francis rides through St. Peters Square after Mass on April 28, 2013. Credit: Stephen Driscoll/CNA.

Vatican City, May 25, 2013 / 10:15 am (CNA/EWTN News).- Speaking to an international group dedicated to promoting education of the Church’s social teaching, Pope Francis called for a new economic view that places the human person at the center.

“We must return to the centrality of man, to a more ethical view of business and human relations, without the fear of losing something,” the Pope said on May 25.

Pope Francis addressed members of the Fondazione Centesimus Annus Pro Pontifice at the end of their three-day conference at the Vatican. Founded by Blessed Pope John Paul II in 1993, the organization is celebrating its 20th anniversary this year. Read more

Pope Calls for Ethics Reforms, End to ‘Cult of Money’

Pope Calls for Ethics Reforms, End to ‘Cult of Money’

From CNS, Staff and other sources


In his strongest remarks yet concerning the world’s economic and financial crises, the pope said, “Money has to serve, not to rule.

“We have created new idols,” Pope Francis told a group of diplomats gathered at the Vatican on May 16, and the “golden calf of old has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly humane goal.” According to Pope Francis, a major reason behind the increase in social and economic woes worldwide “is in our relationship with money and our acceptance of its power over ourselves and our society.” He called for global financial reform that respects human dignity, helps the poor, promotes the common good and allows states to regulate markets.

The Vatican spokesman, Federico Lombardi, S.J., told journalists it was the pope’s “first forceful speech on the economic and financial crisis,” social justice and the attention needed to the world’s poor. Father Lombardi described the speech as “in continuity with his previous talks on these subjects” as Cardinal Jorge Mario Bergoglio of Buenos Aires, Argentina. “But as pope it is his first powerful and explicit speech,” touching on such themes in-depth, he said. The pope made his remarks during a speech welcoming four new ambassadors as they presented their credentials to the Vatican. Read more

Pope: Financial reform along ethical lines

Pope: Financial reform along ethical lines

2013-05-16 Vatican Radio

(Vatican Radio)“There is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone.”… “Money has to serve, not to rule” Those were the Pope’s words to new Non Resident Ambassadors who were in the Vatican on Thursday to present their letters of credence. The new Ambassadors from Kyrgyzstan, Antigua and Barbuda, the Grand Duchy of Luxembourg and Botswana listened to Pope Francis as he spoke about a the financial crisis which we are experiencing that ultimately is, he said, as a result of a profound human crisis.

The Holy Father began his address to those present on a positive note by praising advances in various areas. These achievements he underlined, in fields such as health, education and communications can only benefit mankind.

But at the same time, the Pope went on to say, “the majority of the men and women of our time continue to live daily in situations of insecurity, with dire consequences… People have to struggle to live and, frequently, to live in an undignified way.” Read more