Corporate social responsibility: Difference between revisions
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imported>Doug Williamson (Link with Reporting page.) |
imported>Doug Williamson (Expand for Business in the Community.) |
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== See also == | == See also == | ||
* [[Business in the Community]] | |||
* [[Carbon footprint]] | * [[Carbon footprint]] | ||
* [[Corporate governance]] | * [[Corporate governance]] | ||
Revision as of 19:58, 8 April 2018
(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, other 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:
- Adherence to existing laws and
- Acting in a way that is significantly better than the minimum standards required by law.
