What we mean when we say what we say
To start things off, what do we mean by the term "corporate social responsibility"?
The idea is simple - principled profit-making with ethical considerations for people, community, and the environment. It’s the same concept behind other terms such as corporate citizenship, social responsibility, business accountability, sustainability and corporate ethics.
Broadly put, CSR entails a comprehensive set of principles, policies and practices that are integrated within the company’s operations, decision-making process, and supply chain network.
That simplicity belies the complexities that arise due to different company structures, operations, locations, sizes and industry sectors.
