
Under the conditions of high competition among the global market participants a tendency of the latest decade is a development of transnational corporations’ social accountability management systems. Commitment to clear social policy becomes an additional competitive advantage for companies, allowing them to gain trust of the interested parties: employees, clients, partners and business community in general, state and local authorities.
Availability of a confirmed social accountability management system is a guarantee that the company makes a positive contribution to public life, including financing of charitable programs and maintenance of satisfactory environmental situations in the regions of manufacturing capacities’ allocation. Also observance of social accountability principles means that the company does not utilize child labor, compulsory labor and does not discriminate employees, clients and partners based on racial, sexual and other characters