DEFINITIONS European Union: "[CSR is] a concept whereby companies integrate social and environmental concerns in their business operations and...
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what do

these definition tell us about CSR?


what are some of these common understandings that emerge ?


how does CSR relate to other concepts?


what other issues arise ?

AC02BC64-ED4C-4D3B-92EF-8D344E43A0FE.jpeg

DEFINITIONS
European Union:
"[CSR is] a concept whereby companies integrate social and environmental concerns
in their business operations and in their interaction with their stakeholders on a voluntary
basis."
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UK Government:
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"The Government sees CSR as the business contribution to our sustainable
development goals. Essentially it is about how business takes account of its economic, social
and environmental impacts in the way it operates - maximising the benefits and minimising
the downsides."
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Canadian Government:
"CSR is generally understood to be the way a company achieves a balance or
integration of economic, environmental and social imperatives while at the same time
addressing shareholder and stakeholder expectations."
World Business Council for Sustainable Development:
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"We define CSR as business' commitment to contribute to sustainable economic
development, working with employees, their families, the local community, and society at
large to improve their quality of life."
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The Kennedy School of Government (Harvard University), CSR Initiative:
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"The term [CSR] is often used interchangeably with others, including corporate
responsibility, corporate citizenship, social enterprise, sustainability, sustainable
development, triple-bottom line, corporate ethics, and in some cases corporate governance.
Though these terms are different, they all point in the same direction: throughout the
industrialized world and in many developing countries there has been a sharp escalation in
the social roles corporations are expected to play."
CLASS WORK
What do these definitions tell us about CSR?
What are some of the common understandings that emerge?
How does CSR relate to other concepts?
What other issues arise?

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