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Corporate social responsibility is a trend we can all get behind. Motley Fool contributor John Grgurich owns no shares of any of the companies mentioned in this column.
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...
Corporate responsibility is a term which has come to characterize a family of professional disciplines intended to help a corporation stay competitive by maintaining accountability to its four main stakeholder groups: customers, employees, shareholders, and communities.
For example, in the case of a professional landlord undertaking the refurbishment of some rented housing that is occupied while the work is being carried out, key stakeholders would be the residents, neighbors (for whom the work is a nuisance), and the tenancy-management team and housing-maintenance team employed by the landlord.
A socially responsible business (SRB) is a generally for-profit venture that seeks to leverage business for a more just and sustainable world.The objective of the SRBs involves more than just maximizing profits for the shareholders; it is also about creating positive changes and making valuable contributions to the stakeholders such as the local community, customers, and staff. [1]
Corporate political responsibility (CPR) is a corporate responsibility concept that emphasizes the political dimension of a company's actions. The concept was developed in the 2010s as an enhancement of existing frameworks such as Corporate Social Responsibility .
Shareholder resolutions span a wide range of issues. In recent years, the most active issues have included climate change; human rights including topics such as human trafficking, food safety and sustainability, water sustainability, and the affordability of medicines; [3] corporate lobbying and corporate political contributions; corporate governance; financial practices and risk; [4] and gun ...
The group was founded in 1987, [2] as a not-for-profit organisation run by a volunteer board of corporate responsibility practitioners. The Institute of Corporate Responsibility and Sustainability was created by CRG in 2014 to respond to the need for an organisation that supports the personal and professional development of individuals in CR, sustainability or related functions.