corporate social responsibility

Corporate social responsibility (CSR) is the concept that a business should attempt to balance its economic goals with its social and environmental impacts. It can cover a huge range of issues but at its core it should be about how a business makes daily decisions. Areas addressed under this banner include environment, philanthropy, corporate governance, employee skills, community engagement, human rights, communication, ethics, and values.

Every business has its own interpretation of the corporate social responsibility agenda, which should be aligned to its core commercial objectives with strengths in different areas. Some businesses have taken a more superficial approach and used the concept as only a marketing/PR tool with potential accusations of "greenwash" and hypocrisy.

CSR divides the business world with many citing that the only social responsibility of a business is to return a profit for shareholders. At the other end of the opinion spectrum, others see CSR as the only long-term way to do business as one cannot avoid having to manage the social and environmental impacts. In recent years, the environmental agenda has served to reinforce CSR as a mainstream business management concept as climate change becomes a more and more pervasive element of our working and personal lives.

Other similar terms include sustainability, corporate citizenship, responsible business, social enterprise or ethical business.

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Original Technorati articles tagged “corporate social responsibility”

• in Business
  Google, Gays and Corporate Social Responsibility
  Using Google's real power to make their "Do No Evil" creed more than pretty words
  by leslielkossoff / on May 19, 2011
• in Technorati Women
  Is Ronald McDonald Socially Responsible?
  Is Ronald McDonald directly contributing to child obesity?
  by onegoodminute / on May 19, 2011
• in Business
  Will Old Spice Guy Leave Alyssa Milano at the Altar of Her $100,000 Donation Request?
  The Old Spice Guy took over the Internet this week. Now he's been asked by Alyssa Milano to donate $100,000 to charity.
  by scottyhendo / on Jul 16, 2010

Latest blogosphere posts tagged “corporate social responsibility”

 

• Marley Coffee Lends Support to Lightning in a Bottle Festival

  
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  LOS ANGELES, May 25, 2012 /PRNewswire/ -- Marley Coffee (OTCBB: JAMN.OB), a sustainably-grown, ethically-farmed and artisan-roasted gourmet coffee, today announced the companys sponsorship of the 7th Annual Lightning in a Bottle Festival, set for May 24-28, to be held at Oak...
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• Verizon Singapore Lauded for Its Sustainability Efforts

  
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  SINGAPORE, May 24, 2012 /PRNewswire/ -- Verizon Singapore has been awarded the BCA Green Mark GoldPlus Award in recognition of the eco-friendly design and sustainable best practices of the companys Singapore office. The award recognizes companies achievements in environmental...
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• Stater Bros. Supermarkets To Participate In National Moment Of Remembrance At 3 p.m. On Memorial Day

  
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  SAN BERNARDINO, Calif., May 24, 2012 /PRNewswire/ -- On Memorial Day this year, all 167 Stater Bros. Supermarkets will participate in the "National Moment of Remembrance."  At exactly 3 p.m. on Monday, May 28th, every Stater Bros. Store Manager will make an announcement asking...
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• Confused by Strines take on my take on a corporations social responsibility

  
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  In eBay Domestic Holdings, Inc. v. Newmark, 16 A.3d 1 (Del. Ch. 2010), then-Delaware Chancellor William Chandler opined that “Directors for a for-profit Delaware corporation cannot deploy a rights... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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• BusiNeighbor.org Announces Cell Phone Drive to Purchase 500 Payless Shoe Gift Cards

  
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  ATLANTA, May 24, 2012 /PRNewswire/ -- More than 58,000 Georgia children live in poor or low-income households and are considered homeless. According to the National Center on Family Homelessness Georgia ranks 47 out of 50 states in child homelessness.But statistics dont get to the...
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• CEBs Day to "Get Out and Give Back" Results in 10,000 Hours of Service Globally

  
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  ARLINGTON, Va., May 24, 2012 /PRNewswire/ -- Corporate Executive Board (CEB) (NYSE: EXBD), a leading research and advisory services company, held its second-annual Global Service Day to allow employees to "Get Out and Give Back." In 14 cities, from Chicago to London to...
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• Richmond Police Department Helps to Honor Mothers Who Dont Often Get Praise Through Phone Recycling Drive

  
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  RICHMOND, Va., May 24, 2012 /PRNewswire/ -- Families in the Tri-Cities of Hopewell, Petersburg and Colonial Heights, Virginia, gathered earlier this month to pay tribute to moms on Mothers Day, with wrapped gifts, flowers, and breakfast-in-bed.  The Richmond Police Department found...
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• Provenance Vineyards Dedicates Memorial Flagpole to All Veterans

  
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  ST. HELENA, Calif., May 24, 2012 /PRNewswire/ -- Vietnam Veteran and celebrated Provenance Vineyards winemaker Tom Rinaldi and his team will celebrate Memorial Day in a very special way this Sunday, May 27.   Rinaldi and the Provenance staff have selected this day to dedicate...
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• The assault on profit

  
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  Over breakfast this morning, I read Paul Rubins WSJ op-ed taking President Obama to task for his attacks on profit maximization: In justifying his attacks on Bain Capital, President Obama argues... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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• Aberdeen Invests in Philadelphias Future

  
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  PHILADELPHIA, May 24, 2012 /PRNewswire/ -- Aberdeen Asset Management Inc. ("Aberdeen"), the global asset management firm with U.S. headquarters in Philadelphia, has partnered with the Wharton Schools Knowledge@Wharton to run an investment competition for Philadelphia high school...
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• LINE-X® Protective Coatings Ranked In 2012 G.I. Jobs "Military Friendly Franchises®" Listings

  
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  HUNTSVILLE, Ala., May 24, 2012 /PRNewswire/ -- LINE-X Protective Coatings, the nations leading developer and provider of high performance protective coatings, is honored to once again be named to the G.I. Jobs "Military Friendly Franchises" listings. G.I. Jobs helps transitioning service...
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• UBM Studios Teams Together for JPMorgan Chase & Co. Corporate Challenge® Series

  
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  CHICAGO, May 24, 2012 /PRNewswire/ -- UBM Studios, the global leader in digital events, environments and communities, today announced 100 percent participation of its Chicago office in the JPMorgan Chase & Co. Corporate Challenge® Series, the worlds largest corporate...
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• Students Raise $28.7 Million to Beat Cancer

  
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  WHITE PLAINS, N.Y., May 24, 2012 /PRNewswire/ -- Making every cent count, students at Walter Johnson High School in Bethesda, Md., raised an incredible $59,029.54 through Pennies for Patients, making them the top fundraiser nationwide in The Leukemia & Lymphoma Societys School &...
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• RealNetworks Reaches Agreement with Washington State Attorney General

  
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  SEATTLE, May 24, 2012 /PRNewswire/ -- RealNetworks, Inc. (NASDAQ: RNWK) today announced that it has reached an agreement with the Washington State Attorney General over discontinued e-commerce practices. In accordance with the settlement agreement, RealNetworks has committed...
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• Jon Bon Jovi Soul Foundation Joins Rebuilding Together And Lowes To Build A Healthy Neighborhood For Philadelphia

  
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  WASHINGTON, May 24, 2012 /PRNewswire-USNewswire/ -- Rebuilding Together, in partnership with the Lowes Charitable and Educational Foundation and  Rebuilding Together Philadelphia, announced  today that the Jon Bon Jovi Soul Foundation is joining Rebuilding Togethers Building a...
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• PowerNet Global Wins Cincinnati Chamber Business Excellence and Community Honors

  
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  CINCINNATI, May 24, 2012 /PRNewswire/ -- PowerNet Global, veteran of the telecommunications industry for more than 20 years and well known for strong business ethics, integrity, and reliability, announced achievement as a finalist for the Cincinnati USA Regional Chamber awards for...
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• US Airways Awards More Than $250,000 In College Scholarships

  
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  TEMPE, Ariz., May 24, 2012 /PRNewswire/ -- Last week, 101 students were notified that they were recipients of more than $250,000 in scholarships from the US Airways (NYSE: LCC) Education Foundation. The foundation awards college scholarships to children of US Airways employees. More than...
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• Riddell Football Helmets To Include Concussion Awareness Hangtag With Information From USA Football And CDC

  
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  CHICAGO, May 24, 2012 /PRNewswire/ -- Riddell Sports and USA Football today announced a renewed commitment to educating athletes and parents about concussion awareness. Starting today every new Riddell football helmet shipped to retailers and customers will include a hangtag offering...
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• Mazda Warns About the Risks of Heatstroke

  
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  IRVINE, Calif., May 24, 2012 /PRNewswire/ -- As we head into Memorial Day Weekend and summer temperatures rise, the dangers for children being seriously injured or even dying from being left alone inside a hot car also rise. Thats why Mazda North American Operations (MNAO) has joined...
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• Diageo Salutes The Troops With Year-Long Commitment To Military Personnel

  
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  NORWALK, Conn., May 24, 2012 /PRNewswire/ -- Diageo, the worlds leading premium drinks company, today announced a year-long commitment to military personnel with an inaugural donation of $10,000 to iPads for Soldiers via the Captain Morgan brands First Mate Fund™. The...
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