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Topic: Corporate social responsibility

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In the News (Mon 25 Mar 19)

  Corporate Social Responsibility
Nevertheless, the increasingly negative and very pervasive impact of global corporations in all aspects of social life and in the environment has been the catalyst in the emergence of a diversity of stakeholders demanding accountability about the impact of corporate activity in the life of the planet as a whole.
To be sure, corporations instinctually reject any type of social responsibility by arguing that that is the governments business; but ironically, they have made governments abandon their regulatory responsibility to procure the welfare of all ranks of society.
Therefore, the stakeholders are all the members belonging to the corporation's social environs, which contribute to, or are encroached by, the corporation's activity.
www.jussemper.org /corporatesocialr.html   (2115 words)

 Core77 - Corporate Social Responsibility
Responsibility is defined in terms of accountability and blame, but we tend to shy away from the former and indulge in the latter--not only in a trivial, everyday basis, but also in reference to the greater well-being of ourselves and our natural surroundings.
CSR is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.
The rapidly growing field of CSR was initially a tactic used by major corporations aiming to pacify consumers' ethical concerns, with origins in the anti-corporate and anti-globalization protests of the late 1990s.
www.core77.com /reactor/07.06_csr.asp   (2193 words)

 The Meaning of Corporate Social Responsibility
Such funds are responsible to a great number of working people who have invested their savings with them and thereby become indirect shareholders of a wide range of corporations.
Managers may be able to capture a corporation to some extent if they are insufficiently exposed to the possibility of takeover, or if shareholders have difficulty exercising their rights; and businesses may enjoy a certain amount of monopoly power if they are state-owned or benefit from regulations that reduce domestic or international competition.
The whole idea of 'corporate social responsibility' is really as much a reflection of the feudal, pre-contractual origin of the corporation as is the master-servant employment relationship with its implicit exchange of loyalty and paternalism.
www.nzbr.org.nz /documents/speeches/speeches-96-97/aiesec.doc.htm   (5027 words)

 BSR » Business for Social Responsibility - Overview of Corporate Social Responsibility
Many socially responsible investors are using the shareholder resolution process to pressure companies to change policies and increase disclosure on a wide range of CSR issues, including environmental responsibility, workplace policies, community involvement, human rights practices, ethical decision-making and corporate governance.
Social Accountability 8000 is a standard that specifies requirements for social accountability to enable a company to develop, maintain, and enforce policies and procedures in order to manage those issues which it can control or influence; and demonstrate to interested parties that policies, procedures and practices are in conformity with the requirements of this standard.
Corporations are judged on numerous criteria, including corporate social responsibility qualities such as reputation for ethics and honesty and community and environmental responsibility.
www.bsr.org /CSRResources/IssueBriefDetail.cfm?DocumentID=48809   (7535 words)

Corporate social responsibility (CSR) is about the acknowledging that sustainable competitive advantage requires companies to be economically viable, environmentally sound and socially responsible.
It is not clear that CSR directly leads to increased profits, although it is true that CSR- minded companies do tend to perform better in the stock markets as they tend to focus more on their long-term ability to compete.
Corporate social responsibility (CSR) is the acknowledgment that sustainable competitive advantage requires companies to be economically viable, environmentally sound and socially responsible.
www.worldbank.org /mdf/mdf4/special/3-corporate.html   (1959 words)

 Corporate social responsibility - Wikipedia, the free encyclopedia
Corporate social responsibility (CSR) is a concept that suggests that commercial corporations have a duty of care to all of their stakeholders in all aspects of their business operations.
CSR may be based within the human resources, business development or PR departments of a company, or may be given a separate unit reporting to the CEO or in some cases directly to the board.
Corporate executives and employees in turn have strong incentives to internalize the corporation's statutory obligations to maximize profits, sometimes to the extent that they abdicate their individual moral and ethical obligations as human beings.
en.wikipedia.org /wiki/Corporate_social_responsibility   (2241 words)

 McDonald's and Corporate Social Responsibility ?
The April 14th McDonald's Report on Corporate Social Responsibility (http://www.mcdonalds.com/corporate/social/report/index.html) is a low water mark for the concept of sustainability and the promise of corporate social responsibility.
The Report states that "being a socially responsible leader [their self-appointed term] begins a process that involves more awareness on the issues that will make a difference" McDonald's has known for decades that the food it serves harms people, promotes obesity, heart disease, and has detrimental effects on land and water.
There is a growing worldwide movement towards corporate responsibility and sustainability, led in many cases by companies whose history and products have brought damage and suffering to the world.
www.foodfirst.org /archive/media/press/2002/mcdresponsibility.html   (1063 words)

 Corporate Social Responsibility - Home
Corporate social responsibility is a concept with a growing currency within Canada and around the globe.
CSR is a concept that frequently overlaps with similar approaches such as corporate sustainability, corporate sustainable development, corporate responsibility, and corporate citizenship.
While CSR does not have a universal definition, many see it as the private sector’s way of integrating the economic, social, and environmental imperatives of their activities.
strategis.ic.gc.ca /epic/internet/incsr-rse.nsf/en/Home   (332 words)

 International Finance Corporation - Corporate Social Responsibility
Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development by working with employees, their families, the local community and society at large to improve their lives in ways that are good for business and for development.
Governments are beginning to view corporate social responsibility as cost-effective means to enhance sustainable development strategies, and as a component of their national competitiveness strategies to attract foreign direct investment and position their exports in global markets.
The challenge today for the public sector in developing countries is to identify corporate social responsibility priorities and incentives that are meaningful in their national context, and to play a role in strengthening appropriate local initiatives.
www.ifc.org /ifcext/economics.nsf/Content/CSR-IntroPage   (312 words)

 Corporate Social Responsibility
Local cultures are a countervailing force to the global economy and the struggle between the forces of overcoming the hurdles of social responsibility, all partners and sectors need to be committed to adhere to a coherent social strategy in the interest of society as a whole.
Through partnerships with labour, NGOs, and communities, corporations contribute to tackling social exclusion solutions for policy dialogue to meet the social challenges a the local level.
Corporate Social Responsibility provides a comprehensive overview of experiences and practices at the local level.
www.brook.edu /press/books/clientpr/oecd/corporate_social.htm   (189 words)

 Sustainable Development - Corporate Social Responsibility   (Site not responding. Last check: 2007-11-04)
Corporate social responsibility (CSR) is the commitment and activities by an organization to meet stakeholder expectations on economic, environmental and social performance.
No matter how it is described, CSR is often seen as the business contribution to sustainable development, meaning the way a company balances its economic, environmental and social objectives while addressing stakeholder expectations and enhancing shareholder value.
Corporate Social Responsibility: Lessons Learned provides a synopsis of some of the drivers, implementation approaches, challenges and barriers faced by ten Canadian companies that have integrated CSR into their management structures.
www.nrcan.gc.ca /sd-dd/csr-rse/csr_e.html   (341 words)

 Corporate Social Responsibility
These firms demonstrate social responsibility by engaging in ethical business practices and creating value for their various stakeholders, including shareholders, employees, customers, vendors, public authorities, NGOs, communities and the natural environment.
CSR practices are diverse, ranging from the traditional philanthropic programs, such as support for local charitable, cultural and educational activities to a more integrated and comprehensive set of policies and practices linked to the companies' operations.
In this environment, Governments have a new role to play, which is that of providing incentives and promoting the adoption by businesses of socially responsible practices and regulating those cases in which the parties may not voluntarily adopt them.
www.iadb.org /csramericas/2002/index.asp   (300 words)

 Arguments against corporate social responsibility
Response: In the first instance, this case strongly depends on the model of social responsibility adopted by the business being a philanthropic one.
If CSR is seen as a process by which the business manages its relationships with a variety of influential stakeholders who can have a real influence on its licence to operate, the business case becomes immediately apparent.
CSR is a mode of behaviour which is constantly assessed and evaluated by a range of different stakeholders - who will decide for themselves if the company is deserving of merit.
www.mallenbaker.net /csr/CSRfiles/against.html   (2163 words)

 Chevron - Social Responsibility
Corporate responsibility has long been a part of Chevron's values and how we operate.
Corporate responsibility is a key to helping us achieve these objectives.
Our corporate responsibility efforts are grounded in The Chevron Way, which outlines our commitment to "conduct business in a socially responsible and ethical manner… support universal human rights… protect the environment, benefit the communities where we work… learn from and respect cultures in which we work." At Chevron, we define corporate responsibility as:
www.chevron.com /social_responsibility   (435 words)

 Corporate Social Responsibility - SourceWatch   (Site not responding. Last check: 2007-11-04)
When British American Tobacco was contemplating producing its first corporate social responsibility report, their Corporate and Regulatory Affairs director, Michael Prideaux, sketched oome of the benefits of the process as being to build "credibility" and establish a "robust platform on which to build a reputation communications campaign".
CSR is often used to promote voluntary corporate initiatives, as an alternative to additional or existing mandatory regulations.
People's consumption patterns are influenced by corporate social responsibility efforts, according to a 2004 survey of more than 400 "opinion elites" (members of the top 10 percent of society, with regard to media consumption, civic engagement, and interest in public policy issues) in 10 countries, by APCO Worldwide.
www.sourcewatch.org /index.php?title=Corporate_Social_Responsibility   (1763 words)

 Corporate social responsibility (CSR) | Current issues | BSDglobal
Corporate social responsibility (CSR) promotes a vision of business accountability to a wide range of stakeholders, besides shareholders and investors.
The concept of CSR is underpinned by the idea that corporations can no longer act as isolated economic entities operating in detachment from broader society.
The Social Investment Forum reports that in the US in 1999, there was more than $2 trillion worth of assets invested in portfolios that used screens linked to the environment and social responsibility.
www.bsdglobal.com /issues/sr.asp   (753 words)

 Does Corporate Social Responsibility Pay Off - Graziadio Business Report
Perhaps most importantly (and as any manager with responsibility for profits and losses knows), it is extremely difficult to isolate the effects of investments in corporate social responsibility on a company’s bottom line, especially since so many variables simultaneously influence financial performance.
Investors may thus have believed that firms having reputations for social responsibility were less likely to face potential future consumer boycotts and consequent decreased future revenues than were firms that either lacked reputations for social responsibility or that were actually associated with the irresponsible practices.
A reputation for social responsibility thus appears to have held particular value for firms in the industries that are allegedly the most labor abusing and environmentally damaging.
gbr.pepperdine.edu /042/responsibility.html   (2408 words)

 Open for Discussion
Corporate social responsibility through the eyes of Vice President, Bob Langert, and the other people at McDonald's who work on corporate responsibility issues that matter.
I'm talking about CSR (corporate social responsibility) and the way more and more companies are infusing it into their DNA.
At a recent BSR (Business for Social Responsibility) conference in NYC, I saw, and heard, a lot that led me to believe that CSR is becoming a more natural, and organically evolving, aspect of business operations.
csr.blogs.mcdonalds.com   (2710 words)

 Corporate Social Responsibility by Bureau Veritas
The sensitive issue of social responsibility is gaining a very high profile, and media coverage is increasingly highlighting such areas as child labour, forced labour, worker health & safety, discrimination and working hours.
It is emerging as the common framework used by leading corporations, professionals and teaching organisations worldwide.
Corporate Responsibility is fast becoming the unofficial requirement no large company can ignore.
www.bureauveritas.com /services/corporate_social_responsibility.htm   (251 words)

 Solidar - Corporate Social Responsibility
The debate on CSR in the EU has entered into its next phase with the Multi-Stakeholder Forum and the series of four thematic Roundtables over the next eighteen months.
SOLIDAR released today “Telling the Story: Corporate Social Reporting” a report calling for the introduction of mandatory declarations for companies on their CSR policy and principles.
The CSR Round Table on "Improving knowledge about CSR and facilitating the exchange of experience and good practice" on 12 February will begin the process of dialogue in CSR which will continue for the next eighteen months.
www.solidar.org /doclist.asp?SectionID=33   (695 words)

 Corporate Social Responsibility Publications
The social protection gained for people in Europe over the fifty years since the end of world war II appears to be in jeopardy.
In the book, the elements of an economic theory of socially responsible enterprises is given that shows that social responsibility not only has strong philanthropic undertones, but, as important if not more so, it has sound economic reasons too.
Thus, the book focuses on what is meant by the social responsibility of enterprises, how it can be encouraged and how this will feed through to their own increased well-being and profitability.
www.mhcinternational.com /publications.html   (1560 words)

 Corporate Social Responsibility   (Site not responding. Last check: 2007-11-04)
We believe a real commitment to corporate social responsibility (CSR) unites an organization, strengthens its reputation and creates vital links with the communities in which it operates.
CSR projects enable our employees to learn from challenging experiences; gain fresh perspectives; enhance their skills; and work with a broad range of people - including senior colleagues.
There is a strong moral case for CSR, and we believe it is right to support selected individuals and groups in need - both as an organization and as individuals.
www.kpmg.com /about/csr.asp   (361 words)

 Corporate Social Responsibility   (Site not responding. Last check: 2007-11-04)
The climate of change towards a global business environment is forcing companies to consider the full impact of their corporate activities and policies.
The sensitive issue of social responsibility is gaining a very high profile, and media coverage is increasingly highlighting such areas as child labour, forced labour, worker health and safety, discrimination and working hours.
As part of the above approach, Bureau Veritas also provides an accompanying qualitative evaluation of an organisation's social and ethical performance which is reflected in the Assurance Statement, including expectations for future actions to further improve a process and its results.
www.bureauveritas.com /html/5050.html   (442 words)

 CEOs Worldwide Prioritize Corporate Social Responsibility   (Site not responding. Last check: 2007-11-04)
The survey reported highest confidence in CSR reputation amongst North American CEOs, with 64 percent feeling strongly that the public perceives their company as a positive social performer and 30 percent feeling somewhat guarded confidence.
Most CEOs agree that CSR does not amount to public relations "spin" (51 percent), that CSR is vital to profitability (68 percent), and that CSR must remain a priority, even amidst the current economic downturn (60 percent).
First, he defined sustainable development, an issue closely related to corporate social responsibility, as a "process" instead of an "end state." Later, he called for consensus on the definition and realization of corporate social responsibility, though he admitted that this will take time.
www.socialfunds.com /news/article.cgi/article769.html   (812 words)

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