CSR - Q20131205

What is CSR? - Definitions, Terminology

CSR (Corporate Social Responsibility) is a Company's Social Responsibility. Social responsibility as defined by ISO26000 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

  • contributes to sustainable development, including health 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
  • isintegrated throughout the organization and practiced in its relationships.

Note 1: Activities include products, services and processes
Note 2: Relationships refer to an organization's activities within its sphere of influence
Note 3: Sphere of influence is the area across which an organization has the ability to affect decisions or activities, where Area can be understood in a geographical sense, as well as in a functional.
Note 4: Stakeholder is individual or group that has an interest in any activities or decisions of an organization

Weight

1