CSR — definition?
Voluntary business practices for social/environmental purposes.
CSR vs ESG — difference?
CSR is company practice; ESG is investor assessment criteria.
CSR definition label
Business practices for social/environmental purposes, voluntary.
ISO 26000 connection
Links CSR with Sustainable Development.
CSR vs ESG
CSR = company practices; ESG = investor assessment.
ESG meaning
Criteria for evaluating company investment worthiness.
CSR implementation goal
Embed CSR into firm’s decision-making.
Shareholder value focus
Prioritizes long-term firm value creation.
Sustainable decision-making
Considers sustainability risks and impacts.
Answer 10 questions on Mastering Corporate Social Responsibility Strategies.
1. What best describes corporate social responsibility as used in this course outline?
2. What role does ISO 26000 play in relation to corporate social responsibility?
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