Corporate social responsibility

From Wikipreneurship
Jump to navigationJump to search

CSR

CSR is defined as socially beneficial actions that corporations carry out voluntarily, that is to say over and above their regulatory obligations. To this extent it is distinct from the concept of a social enterprise or social business, which inherently pursues social objectives. for instance co-operative principles in corporate social responsibility. while all social enterprises are socially responsible, not all CSR-implementing companies are social enterprises. This is an issue with which the social business initiative is grappling.

Four Directorates-General of the European Commission have taken an interest in this policy area: Development, Employment, Enterprise, and Trade.

The Commission conducts a dialogue with different stakeholders (including Co-operatives Europe) through its Multistakeholder Forum on CSR: http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-social-responsibility/multi-stakeholder-forum/index_en.htm

In 2011 the European Commission is to publish a communication on CSR, under the leadership of the Employment DG. Its roadmap is at: http://ec.europa.eu/governance/impact/planned_ia/docs/2010_entr_026_corporate_social_responsibility_en.pdf