Corporate Social Responsibility (CSR) evolved from philanthropy. One of its present definitions describes it as the concept of voluntarily integrating social and environmental concerns into business operations, but this is not to say that CSR is philanthropy.
Kolkata: Swanky bus shelters and roadside toilets, financed by corporate houses as part of their social responsibility, are often passed off by politicians as their “work for the people”. As money and projects take political colours, the term, ‘corporate social responsibility (CSR)’, translates into ‘corporate political responsibility (CPR)’.
Businesses are increasingly using Corporate Social Responsibility (CSR) initiatives to create positive brands and appeal to socially conscious consumers. Well-designed CSR programs that focus on sustainable development – as defined by the United Nation’s (UN) Sustainable Development Goals (SDGs) – are powerful and essential tools for increasing standards of living around the world.
Increasingly there are levels of pressure being placed upon industry organisations to operate in a more responsible manner, with great encouragement from government, industry associations and peers alike to display role model conduct on areas of corporate responsibility. Yet, with the very concept of Corporate Social Responsibility (CSR) being such a vast and nigh-on all-encompassing …
It is trite to say that the obligations of in-house legal departments and general counsel have expanded substantially in the last few decades. While initially seen as in-house lawyers, in-house counsel today have many roles and responsibilities that go beyond the conventional practise of the law.
