imported>Doug Williamson |
imported>Doug Williamson |
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| ''Corporate governance''.
| | Corporate strategy is the overall scope and direction of an organisation, and the way in which its different operations collaborate to achieve the organisation's higher-level goals. |
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| (CSR).
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| Corporate social responsibility is a form of corporate self-regulation integrated into a business model.
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| It includes the acceptance by commercial organisations that they have wider ranging and longer term responsibilities, beyond the short and medium term financial interests of financial stakeholders.
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| 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.
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| 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.
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| The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere.
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| All this means both:
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| #Adherence to existing laws and
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| #Acting in a way that is significantly better than the minimum standards required by law.
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| Corporate social responsibility is also sometimes known as ''corporate responsibility'' or ''corporate citizenship''.
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| == See also == | | == See also == |
| * [[Business & Human Rights Resource Centre]] | | * [[Ancillary business]] |
| * [[Business in the Community]] | | * [[Business model]] |
| * [[Carbon footprint]]
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| * [[Corporate]] | | * [[Corporate]] |
| * [[Corporate governance]] | | * [[Pivot]] |
| * [[ESG investment]] | | * [[Process strategy]] |
| * [[ESG ratings]] | | * [[Strategic analysis]] |
| * [[Ethics]] | | * [[Structural]] |
| * [[Fair trade]] | | * [[Structural risk]] |
| * [[Free trade]] | | * [[Value chain analysis]] |
| * [[Green equity]]
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| * [[Greenwash]]
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| * [[Modern Slavery Act]]
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| * [[Profit maximisation]]
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| * [[Public interest]]
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| * [[Reporting]]
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| * [[Self-regulation]]
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| * [[SRI]]
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| * [[Stakeholder]]
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| * [[Sustainability]]
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| * [[Sustainability Linked Loan Principles]]
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| * [[Total Societal Impact]]
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| | [[Category:The_business_context]] |
| [[Category:Corporate_finance]] | | [[Category:Corporate_finance]] |
| [[Category:Ethics]] | | [[Category:Investment]] |
| | [[Category:Long_term_funding]] |
