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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 ...
An evolution of CSR across the world, case studies and the UN Global Compact [20] have been discussed to bring about the benefits of a strategic CSR engagement. Manikan finally proposes that CSR in the true sense aids in adherence to wider stakeholder interests while creating a balance between business goals and societal obligations.
However, the framework surrounding such reporting is in constant evolution and companies are increasingly challenged by the form, content and process of their sustainability reporting. While this requirement presents multiple opportunities for firms, investors, consumers and all stakeholders, it also creates a number of challenges.
In 1998 two journalists, Robert Levering and Milton, brought out the "Fortune 100 Best Companies to Work For", initially a listing in the magazine Fortune, then a book compiling a list of the best-practicing companies in the United States with regard to corporate social responsibility and how their financial performance fared as a result.
CSE is a multi-disciplinary scientific sub-field relating to the fields of corporate social responsibility and sustainability.It has relevance in the context of business and management, specifically in areas such as business ethics, sustainability, organizational behavior, entrepreneurship, human resource management and business strategy.
Corporate social responsibility – Form of corporate self-regulation aimed at contributing to social or charitable goals Climate-related asset stranding – Former physical asset, now a liability Development impact bond – performance-based investment instrument Pages displaying wikidata descriptions as a fallback
Sustainability accounting (also known as social accounting, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, or non-financial reporting) originated in the 1970s [1] and is considered a subcategory of financial accounting that focuses on the disclosure of non-financial information about a firm's performance to external stakeholders ...
Visser's research and writing proposes going beyond creating shared value and corporate social responsibility to thriving and the creation of Integrated Value. [12] He promotes sustainable enterprise and the idea of CSR as "corporate sustainability and responsibility" and calls for an evolution from CSR 1.0 to CSR 2.0. [13]