Sometimes referred to as “enlightened self-interest” corporate social responsibility is “the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large” (Harrison, 2008).
Self-assessment:
- Does your company have a framework for measuring and reporting corporate performance against economic, social and environmental parameters?
- Does your CSR plan align with your company’s mission and strategic goals?
- Do you have auditing processes in place assessing that impact of your CSR activities on communities and stakeholders involved?
- Does your company have a genuine, long-term commitment to CSR?
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