Comment from a reader on the post The Hanjin Killing Fields of Subic:
Concerns over changing the conditions of the investment by
obligating Hanjin to treat their workers decently and make minimal investments
in a safe workplace are ridiculous. When governments grant concessions to large
investors — especially a deal as attractive as Hanjin's — the implicit bargain
is that they will be good corporate citizens. Good companies stress safety, if
for no other reason, because dead bodies are bad for business. Also keep in
mind that negligence when it leads to deaths is a crime. The Philippine
Government may just need to apply the law to everyone, even Korean
shipbuilders.
From the Bugle;
Sadly, these factors don’t appear to be at play when it
comes to the Hanjin investment in Subic. The investment
is huge – it is the fourth largest shipbuilding facility in the world – and Subic administrators were desperate for investment so
they sold out on even the most basic worker protection. They also allowed Hanjin
to build a Korean tenement building in the middle of the Subic
rainforest so their management would not need to associate with local people.
There is no market incentive for Hanjin to operate
responsibly. Their customers are energy companies buying multi-million dollar
tankers. They have zero interest in corporate social responsibility. They
are interested in 1. quality and 2. cost.
Also, the Hanjin shipyard is located in a remote area of Subic Bay. SBMA officials need to ask permission and seek
transport in order to inspect the Hanjin site. But that is generally not
necessary as Hanjin’s compliance with worker safety, environmental regulations
and other laws is done on an honor basis.
Unfortunately, Hanjin has showed itself to be a dishonorable
company.
No comments:
Post a Comment
All comments are posted anonymously. We don't care who you are, we just care about what you have to say. But let's keep it civil. No slander. Talk about issues, not individuals. No racism. Cool it on the profanity. Like Sinatra said, "You don't need to work blue. You'll never play the big houses with that crap."