CORPORATE SOCIAL RESPONSIBILITY

Corporate Social Responsibility

Corporate Social Responsibility

“Social responsibility [is the] responsibility of an organization for the impacts of its decisions and activities on society and the environment through transparent and ethical behaviour that is consistent with sustainable development and the welfare of society; takes into account the expectations of stakeholders; is in compliance with applicable law and consistent with international norms of behaviour; and is integrated through out the organization.”—Working definition, ISO 26000 Working Group on Social Responsibility, Sydney, February 2007 (Beder, 2007, 29).

Corporate social responsibility (CSR) is an evolving concept that does not currently have a universally accepted definition. It ...