Corporate Social Responsibility

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Corporate social responsibility (CSR) is the concept that a business should attempt to balance its economic goals with its social and environmental impacts. It can cover a huge range of issues but at its core it should be about how a business makes daily decisions. Areas addressed under this banner include environment, philanthropy, corporate governance, employee skills, community engagement, human rights, communication, ethics, and values.

Every business has its own interpretation of the corporate social responsibility agenda, which should be aligned to its core commercial objectives with strengths in different areas. Some businesses have taken a more superficial approach and used the concept as only a marketing/PR tool with potential accusations of "greenwash" and hypocrisy.

CSR divides the business world with many citing that the only social responsibility of a business is to return a profit for shareholders. At the other end of the opinion spectrum, others see CSR as the only long-term way to do business as one cannot avoid having to manage the social and environmental impacts. In recent years, the environmental agenda has served to reinforce CSR as a mainstream business management concept as climate change becomes a more and more pervasive element of our working and personal lives.

Other similar terms include sustainability, corporate citizenship, responsible business, social enterprise or ethical business.

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Latest blogosphere posts tagged “Corporate Social Responsibility”

  • Australias Copenhagen climate strategy is smoke and mirrors | Fred Pearce


    Comment is free | guardian.co.ukAuthority Authority: 163
    Australian PM Kevin Rudd talks a good climate game, offering 25% emissions cuts. But do the numbers add up? This may seem churlish in the week when the Australian prime minister, Kevin Rudd, is doing a deal with the opposition to get climate change legislation through the Senate . After all, that puts him one step ...
    2 days ago
  • DotAsia To Launch Internationalized Domain Names (IDN) In 2010


    China NewswireAuthority Authority: 412
    Priority For Existing Alphanumeric .Asia Domain Registrants For Corresponding IDNs Considered Hong Kong, China (November 26, 2009) /ChinaNewswire.com/ — DotAsia announces plan to release multilingual domain (IDN – Internationalized Domain Name) registrations in 2010. Following announcements by ICANN to approve ...
    2 days ago
  • Talk for India


    Osocio WeblogAuthority Authority: 552
    Tomorrow marks the first anniversary of the Mumbai Attacks which killed 173 people and wounded at least 308. The coordinated series of shootings and bombings rocked the megacity with key attacks at the Taj & Oberoi Hotels, Cama Hospital, Nariman House, Leopold Cafe and CST Station. !dea Cellular is marking the ...
    3 days ago
  • Asia's Foremost CSR Awards Programme Awards Winners Announced


    China NewswireAuthority Authority: 412
    Manila, Philippines (November 24, 2009) /ChinaNewswire.com/ — Five companies from India, Pakistan, Philippines and Singapore were recognized for their outstanding initiatives in corporate social responsibility during the Asian CSR Awards, which is a part of the 8th Asian Forum on Corporate Social Responsibility ...
    4 days ago
  • Giant Lanterns Festival of Lights


    Tropical Paradise of AsiaAuthority Authority: 118
    LIGLIGAN PARUL Festival of Giant Lanterns of Pampamga December 19, Saturday During December in San Fernando, Pampanga, the city celebrates the Giant Lantern Festival, Saturday before the Christmas Eve. The festival features competition of creatively built giant lanterns. Through this, the city has ...
    4 days ago
  • Could denying bedroom privileges save the planet?


    Ohaiyo Business MagazineAuthority Authority: 135
    There will be a record number of side events at the United Nations-sponsored climate talks in Copenhagen next month, but one woman’s one-woman show could give the delegates, most of whom will be men, the incentive they really need to agree a new global warming treaty. In “ The Boycott “, Kathryn Blume plays ...
    4 days ago
  • Tories to end taxpayer investment in dirty fossil fuels


    The Guardian - guardian.co.ukAuthority Authority: 987
    A Conservative government would scrap the Export Credit Guarantee Department that invests in dirty power stations and instead use the fund to encourage green technology A Conservative UK government would bring to an end the practice of the government underwriting investment in "dirty" fossil fuel power stations ...
    5 days ago
  • Seminar on How to Set Up Your Own Home Based Travel Agency


    Tropical Paradise of AsiaAuthority Authority: 118
    Be Your Own Travel Agency Boss on January 24, 2010 Sunday Seminar on Organizing, Operating and Managing Your Home Based Travel Business with out risks. This is to assist entrepreneurs and others to respond to the profitable travel and tour business, a comprehensive seminar on putting up either a home based ...
    5 days ago
  • MAC Cosmetics’ artists hit the streets to commemorate World Aids Day


    Lucire: InsiderAuthority Authority: 132
    On November 27, 45 make-up artists from MAC Cosmetics’ stores throughout New Zealand will participate in volunteer events to commemorate World Aids Day (December 1).    They will hit the streets in Auckland, Wellington and Christchurch to sell red ribbons, funds from which will go to the Wellness Fund.    The ...
    5 days ago
  • Pawikan Festival : Adopt a Turtle on Nov 30 Mon


    Tropical Paradise of AsiaAuthority Authority: 118
    Adopt a Turtle in Pawikan Conservation Center Best of Subic/Bataan Eco Tour for Family/Company or School Field Trip http://www.facebook.com/event.php?eid=216897236872&index=1 Marine Turtles are transboundary creatures, they travel great distances to feed and grow. But because as hatchlings the ...
    5 days ago
  • The Case for Hope and the Need for Action


    Servant of ChaosAuthority Authority: 124
    In a little over two weeks, the world’s leaders will be meeting in Copenhagen to discuss and hopefully agree on decisions to reduce carbon emissions. The United Nations Climate Change Conference (COP15) is perhaps the last chance to achieve consensus on this contentious issue. Why should you care? According to ...
    5 days ago
  • NGO From Nepal Wins Asia Society-Bank Of America Merrill Lynch Asia 21 Young Leaders Public Service Award


    China NewswireAuthority Authority: 412
    Kuala Lumpur, Malaysia (November 22, 2009) /ChinaNewswire.com/ — Prisoners Assistance Nepal (PA Nepal), an NGO based in Kathmandu that conducts prison welfare work, bested 20 other NGOs from across the Asia-Pacific region to win the 2009 Asia Society-Bank of America Merrill Lynch Asia 21 Young Leaders Public ...
    6 days ago
  • 21st Ad Congress, SBMA donate to Baguio City


    PinoyBusiness.ORG - HomeAuthority Authority: 138
    There were not few negative reactions were given when the organizers of the 21st Philippine Advertising Congress (PAC) decided to move the event from Baguio (its original venue) to Subic after the place was devastated by typhoon “Pepeng.” They believed the Ad Congress could actually help the city ‘rise’ faster ...
    6 days ago
  • Christmas Green Travel Philippines


    Tropical Paradise of AsiaAuthority Authority: 118
    Nov 28 to 29 Kerygma Conference : Dream Big, Win Big For more information please call FEAST office at 9268951 and 7263926 or 7259999 or 4167809 at Araneta Coliseum Cubao QC pls check out www.kerygmaconference.com Taal Lake Cruise and Island Tour (Daily schedule) P 1,350/pax (base minimum of 5pax) Inclusive ...
    6 days ago
  • Special Package on World Disability Day


    The India PostAuthority Authority: 149
    November 21, 2009 :  Himachal Pradesh Tourism Development Corporation Limited (HPTDC) will commemorate the World Disability Day (3rd December, 2009) by upholding its Corporate Social Responsibility by offering a special package for disabled persons. Those guests and tourists who are themselves Person with ...
    6 days ago
  • McGrigor rejects Bank’s response on Islay situation and asks for hard facts


    For ArgyllAuthority Authority: 488
    Jamie McGrigor has the bit between his teeth. The response he received from the Bank of Scotland came not from the Bank’s CEO to whom he had written - these days such people consider themselves above politicians elected to pursue consituents’ interests - but from Andy Maciver, Media Relations Manager.This did  no ...
    1 week ago
  • Know The Signs


    Osocio WeblogAuthority Authority: 552
    On October 29th 2009, Heineken officially launched its second global responsible drinking campaign. After the success of last year’s Enjoy Heineken Responsibly campaign, Heineken continues to talk about the signs people start to show when they’ve had one too many. The user is provided with tools through which they ...
    1 week ago
  • Chinese Developer of Biodegradable Bone Screw Technology Wins Silicon Valley Entrepreneurial Award


    Your StoryAuthority Authority: 582
    SANTA CLARA, Calif.--(BUSINESS WIRE)-- For developing a novel biodegradable bone screw technology, Ihealth of China’s Tsinghua University has won the 5th Annual Intel+UC Berkeley T
    1 week ago
  • Conscious Capitalism/CSR Creates True Fans


    The Buzz BinAuthority Authority: 121
    The really old school capitalists like to say that the only business of business is to provide a return to shareholders. Long before the concept of “stakeholders” came into being, business was conducted, customers and suppliers were treated fairly or not, and it all somehow moved along. Now, companies need to do ...
    1 week ago
  • The 21st Ad Congress takes on corporate social responsibility


    PinoyBusiness.ORG - HomeAuthority Authority: 138
    Focusing on its themes for this year involving climate change corporate social responsibility (CSR), the 21th Philippine Advertising Congress was formally opened last Thursday in simple rites led by Olongapo City Mayor Jame “Bong” Gordon and Baguio City Mayor Reinaldo A. Bautista Jr., with Fernando Zobel de Ayala ...
    1 week ago

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