In this post I will be discussing, providing, and summarizing the most recent and significant news in Corporate Social Responsibility (csr). It should make an interesting reading. For this post I will analyze and use recent media and resources for this upcoming post. As always, if you are not up to par with corporate csr, please visit my blog for other corporate csr related posts.
With the help of the issues released by Ethical Performance, a great coverage of recent corporate csr is uncovered. According to them, throughout the last 18 months, we have seen huge changes. A major deal has been Climate change, which is transforming institutional investors’ attitudes to all types of non-financial risk. For example, the undercover documenters "the yes men" have exposed such financial corporate csr risk assessment such as death-to-income-ratios in possible third world investment opportunities.
Moreover, sustainability in the face of a changing climate is likely to become the single most important driver of corporate social responsible (CSR) business practice. So what can we conclude throughout the past year and a half of corporate csr responsibility? While there has been a huge amount of progress, much remains to be done, not least in the field of training and professional development. But supporters of corporate responsibility have seen off intellectual challenges
from both the left and the right.
Furthermore, the impact on civil society has been profound: former critics of
corporate behavior are now openly questioning their old confrontational stance and
instead forging partnerships with business. This is a critical change in corporate bureaucracy which frequently slows down any form of progress and innovation (do not forget that corporate csr is a blooming trend). It is this healthy wider picture that we should bear in mind when looking at what may emerge over the coming years.
CSR, corporate social responsibility, once thought a temporary phenomenon, is not in any danger of withering away.
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