Corporate social responsibility

(CSR).

Corporate governance.

A form of corporate self-regulation integrated into a business model.

Ideally, CSR policy is a built-in, self-regulating mechanism where business monitors and ensures its adherence to law, ethical standards, and international norms.

Business would embrace responsibility for the impact of its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Business would also proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality.

See also

• Corporate governance
• ESG investment
• Greenwash