2013 Human Development Report Skip to main content Home 2013 Human Development Report Human Development Report 2013 Corporate Social Responsibility (CSR) - Sustainable and responsible business - Enterprise and Industry Corporate social responsibility (CSR) refers to companies taking responsibility for their impact on society. As evidence suggests, CSR is increasingly important to the competitiveness of enterprises. It can bring benefits in terms of risk management, cost savings, access to capital, customer relationships, human resource management, and innovation capacity. European Commission Strategy CSR is defined by the European Commission as "the responsibility of enterprises for their impacts on society" (COM (2011) 681 ). ISO Social Responsibility MAY 2011: ECOLOGIA's Handbook for Implementers of ISO 26000 ECOLOGIA has prepared this 33-page Handbook to meet the needs of small and medium sized businesses, who want to improve their impacts on their communities through developing their corporate social responsibility activities. In Summer 2011, ECOLOGIA will be working with a limited number of businesses in Vermont and in China, using the Handbook. The Handbook includes: overview of the standard and its goals, and what it can offer users workbook, featuring questions, tables to fill out, graphics, charts, real-life examples, and sections such as "Engaging Your Stakeholders: How to Begin the Process" definitions,principles and action suggestions for each of the seven core subjects: Organizational governance Human rights Labor practices Environment Fair operating practices Consumer issues Community involvement and development
The Social License To Operate The Social License has been defined as existing when a project has the ongoing approval within the local community and other stakeholders, ongoing approval or broad social acceptance and, most frequently, as ongoing acceptance. At the level of an individual project the Social License is rooted in the beliefs, perceptions and opinions held by the local population and other stakeholders about the project. It is therefore granted by the community. Corporate social responsibility The term "corporate social responsibility" became popular in the 1960s and has remained a term used indiscriminately by many to cover legal and moral responsibility more narrowly construed. Proponents argue that corporations increase long term profits by operating with a CSR perspective, while critics argue that CSR distracts from business' economic role. A 2000 study compared existing econometric studies of the relationship between social and financial performance, concluding that the contradictory results of previous studies reporting positive, negative, and neutral financial impact, were due to flawed empirical analysis and claimed when the study is properly specified, CSR has a neutral impact on financial outcomes. Critics questioned the "lofty" and sometimes "unrealistic expectations" in CSR. or that CSR is merely window-dressing, or an attempt to pre-empt the role of governments as a watchdog over powerful multinational corporations. Definition Approaches
rporate Social Responsibility does more harm than good The current period of financial turmoil has – as on previous occasions – led to considerable speculation and projection by nervous enterprise leaders, confused politicians and interested advocates as to the correct conduct and purpose of business. The last time this occurred was in response to the economic downturn of the early 1990s. This led, at the time, to the articulation of a presumed need for greater corporate social responsibility – or CSR – as articulated in the 1995 RSA Inquiry, ‘Tomorrow’s Company: the role of business in a changing world’. Notably though, many of the original sponsors and supporters of that endeavour – many of whom appeared to endorse what was to become the New Labour agenda of demanding more targets and procedural audits, as well as greater dialogue and inclusion – are no longer around. But maybe that is because being a good, responsible company that cares about people and the planet, as well a profits, was not what CSR was really about in the first place.
Mistra Urban Futures-Knowledge about and Approaches to Fair and Socially Sustainable Cities - KAIROS KAIROS is a transdisciplinary research project with focus on the social dimension of sustainability. The premise of the project is the way in which globalisation, migration and urbanisation characterise our time and place new demands on participation and co-creation. Cities' role in a changing world The complex societal problems that come with the on-going societal transformation is embodied and impacts on a local level. Cities, and their transnational networks, play an increasingly important role in facing the demands for sustainable development. At the same time, the rapid pace of urbanisation with growing income and health inequalities as a consequence, increases the risk for medium-sized cities of developing into arenas of social conflict.
Climate Change Adaptation and Corporate Strategy Corporate Strategy On the boardroom agenda, most organisations will now be discussing issues around environmental impact, climate change adaptation and sustainability. Your business may have strategies and policies in place. There might be posters on the walls charting performance or advertising the next initiative.