Busines

s Ethics
CSR - A

J. Oloba Z.
+256-785552288
 Slide Outline
 Meaning of CSR
 CSR & SD

2/15/19 2
Corporate Social Responsibility
According to Patrizia Torrecchia
The European Commission definition of CSR:

“the responsibility
of enterprises for
their impacts on
society”.
Corporate Social Responsibility

• To be social responsible,
enterprises “should have in place a
process to integrate social,
environmental, ethical human rights
and consumer concerns into their
business operations and core
strategy in close collaboration with
their stakeholders”.
Torrecchia, Patrizia. Corporate Social Responsibility in Idowu, O.
Samuel, edt. a “Dictionary of Corporate Social Responsibility:
CSR, Sustainability, Ethics and Governance”. Springer, 2014, p.124-
125
 CSR and sustainable development

• CSR is deeply linked to the concept of

sustainable development and both are
“moving targets” that can be achieved
only by a process of continuous
improvement.
• CSR can be seen as the way firms
balance environmental, social, and
economic aspects, trying to be
transparent and accountable and
establishing better practices to create
wealth and improve society.
 CSR and sustainable development

The term and process of ‘sustainable

development’ evolved out of the environmental
movement between the 1960s to the 1980s.
• It was driven by an increasing
awareness about the limits to
global resources and is
expressed in a number of
popular publications and
international conferences.
 CSR and sustainable development

The term and process of ‘sustainable

development’ evolved out of the environmental
movement between the 1960s to the 1980s.
• Silent Spring, by Carson in 1962,
• The Population Bomb by Ehrlich and Ehrlich
in 1968,
• The Limits to Growth by the Club of Rome
and
• the United Nations Conference on the
Human Environment in 1972,
 CSR and sustainable development

The term and process of ‘sustainable

development’ evolved out of the environmental
movement between the 1960s to the 1980s.
• the first World Climate Conference in 1979
• or
• the Global 2000 Report to the President by
Council of Environmental Quality and the
United States Department of State in 1980.
 CSR and sustainable development
• The publication of a report by the World Commission on
Environment and Development (WCED) called ‘Our
common future’, popularly known as the Brundtland
Report in 1987.

Reiser, Dirk. Sustainable Development in Idowu, O. Samuel,

edt. a “Dictionary of Corporate Social Responsibility: CSR,
Sustainability, Ethics and Governance” . Springer, 2014, p.
512-513.
 CSR and sustainable development
• The most prominent definition of
sustainable development.
‘development that meets the
needs of the present without
compromising the ability of
future generations to meet their
own needs’.
Reiser, Dirk. Sustainable Development in Idowu, O. Samuel,
edt. a “Dictionary of Corporate Social Responsibility: CSR,
Sustainability, Ethics and Governance”. Springer, 2014, p.
512-513.
 CSR and sustainable development

• Important to eliminate poverty

and hunger, educate, house and
employ people, secure peace,
security and freedom and to
preserve the Earth’s life support
systems for future generations.
Reiser, Dirk. Sustainable Development in Idowu,
O. Samuel, edt. a “Dictionary of Corporate Social
Responsibility: CSR, Sustainability, Ethics and
Governance”. Springer, 2014, p. 512-513.
Easy Life!