Friday, August 20, 2010

Corporate Social Responsibility (CSR Policy)

Corporate Social Responsibility is a concept whereby companies integrate social and environmental concerns into their business operations and in their interaction with their stakeholders (employees, customers, shareholders, investors, local communities, government), on a voluntary basis.

Sustainability
CSR is closely linked with the principles of Sustainability, which argues that enterprises should make decisions based not only on financial factors such as profits or dividends, but also based on the immediate and long-term social and environmental consequences of their activities.   

A Global Issue
CSR has become prominent in the language and strategy of business and by the growth of dedicated CSR organisations globally. Governments and international governmental organisations are increasingly encouraging CSR and forming CSR partnerships.

CSR is rapidly becoming a major part of all business management courses and a key global issue. In response to these issues we have incorporated CSR into IndustryPlayer.

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