Corporate social responsibility: Difference between revisions
imported>Doug Williamson m (Link with Greenwash page.) |
imported>Doug Williamson (Replace 'business' with appropriate references to 'organisation'. Replace 'regardless of legality' with fuller explanation.) |
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A form of corporate self-regulation integrated into a business model. | 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. | Ideally, CSR policy is a built-in, self-regulating mechanism where the business or other organisation monitors and ensures its adherence to law, ethical standards, and international norms. | ||
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere. | |||
All this means both (1) adherence to existing laws and (2) going significantly better than the minimum standards required by law. | |||
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* [[Corporate governance]] | * [[Corporate governance]] | ||
* [[ESG investment]] | * [[ESG investment]] | ||
* [[Ethics]] | |||
* [[Greenwash]] | * [[Greenwash]] | ||
[[Category:Corporate_Strategy]] | [[Category:Corporate_Strategy]] | ||
Revision as of 07:29, 25 July 2014
(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 the business or other organisation monitors and ensures its adherence to law, ethical standards, and international norms.
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere.
All this means both (1) adherence to existing laws and (2) going significantly better than the minimum standards required by law.
