This page covers the below sections:
- What is Corporate Social Responsibility (CSR)
- Methodologies, any available online tools, accreditations
- Examples of voluntary initiatives, case studies, innovations and technologies
See the Index for all available Sustainability Hub pages.
What is Corporate Social Responsibility (CSR)
CSR or, to give it its full name, Corporate Social Responsibility, is, according to the Cambridge Dictionary, “the idea that a company should be interested in and willing to help society and the environment as well as be concerned about the products and profits it makes”(1).
The UN Industrial Development Organisation (UNIDO) describes CSR as a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. They add that CSR is generally understood as being the way by which a company achieves a balance in economic, environmental, and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders(2).