There is no clear definition of corporate social reporting (CSR). The European Com-mission defines CSR as "the responsibility of enterprises for their impacts on society." In the United States, there is no governmental regulation regarding CSR.
Appeals Court's decision in May 2012, concluding that the millions of plaintiffs and their claims did not have enough in common. In September 2012, the plaintiffs' lawyers filed an amended lawsuit limiting the class to female Modco employees in the district where the company head office was located. The new lawsuit alleges discriminatory practices against approximately 100,000 women regarding pay and job promotion, as well as requiring nondiscriminatory pay and promotion criteria.
At the end of 2011, it was announced in the local radio that Modco was using child labor at two factories in Bangladesh. Children aged 10-14 years old were found to be working in the factories for less than $50 a month, making products of the Modco brand for export to the United States.
Modco's annual report, called "Global Responsibility Report," covers the three dimensions of "People, Planet, Profit." This report emphasizes gender equality and a diverse workforce. In 2010, Modco took the commitment one step further with the incorporation of the Advisory Board on Gender Equality and Diversity, with the specific function of providing equal and enhanced opportunities for all in top leadership roles. Modco has also committed itself to selling products that sustain people and the environment.
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Assuming that you are part of a research team examining the CSR policies of large companies, evaluate the CSR policy of Modco.