Social sustainability in trade and development policy
A life cycle approach to understanding and managing social risk attributable to production and consumption in the EU-27 - Study
Improving social sustainability within Europe and abroad is among the founding premises of the European Union. European Commission external policy documents – in particular, those associated with trade and development - explicitly call for the use of policy instruments as a means of improving social conditions in third countries. Unclear, however, is the extent to which progress in social sustainability as a result of Commission policy measures is being assessed, nor measures to further leverage improved social sustainability implemented. We conducted a macro-scale analysis of the social risk... profile of EU-27 trade by combining trade statistics regarding imports from intra- and extra-territorial trading partners in 2010 with country and sector-specific social risk indicator data covering 17 social themes in five thematic areas: Labour Rights and Decent Work; Health and Safety; Human Rights; Governance; and Community Infrastructure. Our analysis underscores the importance of a life cycle-based approach to understanding and managing social risk in support of policies for socially sustainable development.