corporate social responsibility

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”

• Asia's Foremost CSR Awards Programme Awards Winners Announced

  
  China Newswire — Authority: 413
  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 ...
  21 hours ago

• Giant Lanterns Festival of Lights

  
  Tropical Paradise of Asia — Authority: 117
  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 ...
  1 day ago

• Could denying bedroom privileges save the planet?

  
  Ohaiyo Business Magazine — Authority: 136
  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 ...
  1 day ago

• Tories to end taxpayer investment in dirty fossil fuels

  
  The Guardian - guardian.co.uk — Authority: 986
  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 ...
  1 day ago

• Seminar on How to Set Up Your Own Home Based Travel Agency

  
  Tropical Paradise of Asia — Authority: 117
  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 ...
  1 day ago

• Pawikan Festival : Adopt a Turtle on Nov 30 Mon

  
  Tropical Paradise of Asia — Authority: 117
  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 ...
  2 days ago

• The Case for Hope and the Need for Action

  
  Servant of Chaos — 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 ...
  2 days ago

• 21st Ad Congress, SBMA donate to Baguio City

  
  PinoyBusiness.ORG - Home — Authority: 137
  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 ...
  2 days ago

• Special Package on World Disability Day

  
  The India Post — 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 ...
  3 days ago

• Know The Signs

  
  Osocio Weblog — Authority: 570
  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 ...
  4 days ago

• Chinese Developer of Biodegradable Bone Screw Technology Wins Silicon Valley Entrepreneurial Award

  
  Your Story — Authority: 555
  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
  4 days ago

• Conscious Capitalism/CSR Creates True Fans

  
  The Buzz Bin — Authority: 122
  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 ...
  4 days ago

• The 21st Ad Congress takes on corporate social responsibility

  
  PinoyBusiness.ORG - Home — Authority: 137
  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 ...
  5 days ago

• New Product Provides Inexpensive ‘Carbon Offsets’ for Mobile Phones

  
  Sturdy Roots Blog — Authority: 104
  It is not something most of us think about: our mobile phones and their contribution to global warming. iPhones, Crackberries, and PDAs don’t produce emissions like motor vehicles and thankfully they don’t have smokestacks. But when they get plugged in for a re-charge, they draw electricity which more often ...
  5 days ago

• Make Your Website Work Hard And Feel Easy

  
  Bizsuccess — Authority: 125
  Thursday, November 19, 2009By Pattie BakerI fell upon the website for the Intercontinental Hotel Group innocently enough.  I have a meeting at its Americas headquarters next week and I wanted to do a little research specific to its corporate social responsibility.  Well, my goodness, I found a website filled ...
  5 days ago

• New Zealands Kyoto forests sow the seeds for a massive emissions surge | Fred Pearce

  
  The Guardian - guardian.co.uk — Authority: 986
  When New Zealands sink forests are harvested in the 2020s, as is likely, all that carbon will return to the atmosphere The government of New Zealand responded with some irritation to my column last week , which castigated a national strategy for meeting its Kyoto climate targets by allowing greenhouse gas emissions ...
  5 days ago

• Peter Foster: Congolese corporate responsibility

  
  FP Comment — Authority: 582
  Bill C-300 would shake down Canadian resource firms, not help the vulnerable  By Peter Foster T  he Commons committee on Foreign Affairs and International Trade is this week holding further hearings on Liberal MP John McKay’s private member’s bill, which would essentially give radical non-governmental ...
  1 week ago

• SAGADA Christmas Holiday 2009

  
  Tropical Paradise of Asia — Authority: 117
  SAGADA & BONTOC in Mt. Province With BANAWE in Ifugao Province December 27 to 29, 2009 http://mothernatureasia.multiply.com/photos/album/3/SAGADA_Haven_in_the_Mountains http://www.facebook.com/event.php?eid=133925479349 SAGADA is a pleasant little tranquil community in the mountains where ...
  1 week ago

• Deloitte’s CEO on ‘Getting Your Hands Dirty’

  
  Sturdy Roots Blog — Authority: 104
  I am a big fan of global accounting giant Deloitte LLC , a professional services company that takes corporate philanthropy and social responsibility very seriously. Deloitte LLC CEO Barry Salzberg (photo h/t Washington Post) According to Deloitte CEO Barry Salzberg , the role of corporate philanthropy is ...
  1 week ago

• Shareholders must fix corporate salaries, says minister

  
  Thaindian News — Authority: 719
  New Delhi, Nov 17 (IANS) High salaries in the corporate sector is not a “dogmatic” or an ideological issue with the government, according to Minister of State for Corporate Affairs Salman Khurshid.“We do believe in essential freedom in a democracy. The ultimate decision on managerial remuneration should rest ...
  1 week ago

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