Corporate sector purchase programme and Corporate social responsibility: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Create page. Source: ECB Europa webpage https://www.ecb.europa.eu/press/pr/date/2016/html/pr160421_1.en.html) |
imported>Doug Williamson (Add link.) |
||
| Line 1: | Line 1: | ||
(CSR). | |||
''Corporate governance''. | |||
A form of corporate self-regulation integrated into a business model. | |||
Ideally, CSR policy is a built-in, self-regulating mechanism where the business or other organisation monitors and ensures its adherence to law, ethical standards, and international norms. | |||
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, other stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere. | |||
All this means both: | |||
#Adherence to existing laws and | |||
#Acting in a way that is significantly better than the minimum standards required by law. | |||
== See also == | == See also == | ||
* [[ | * [[Carbon footprint]] | ||
* [[ | * [[Corporate governance]] | ||
* [[ | * [[ESG investment]] | ||
* [[ | * [[Ethics]] | ||
* [[ | * [[Greenwash]] | ||
* [[ | * [[Public interest]] | ||
* [[SRI]] | |||
* [[Stakeholder]] | |||
* [[Sustainability]] | |||
* [[Profit maximisation]] | |||
* [[ | |||
* [[ | |||
* [[ | |||
* [[ | |||
[[Category: | [[Category:Corporate_finance]] | ||
Revision as of 12:23, 14 August 2016
(CSR).
Corporate governance.
A form of corporate self-regulation integrated into a business model.
Ideally, CSR policy is a built-in, self-regulating mechanism where the business or other organisation monitors and ensures its adherence to law, ethical standards, and international norms.
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, other stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere.
All this means both:
- Adherence to existing laws and
- Acting in a way that is significantly better than the minimum standards required by law.
