Standards and

Principles of CSR
CSR compels enterprises to recognize
and accept that they should be openly
responsible not only for their
commercial and fiscal operation but
also for their societal and ecological
profile.
 Philosophically and ideologically,
the doctrines of CSR are anchored
on the following:
CSR: Do No Harm - Inspire and urge business
models not to inflect harm or cause damage to
the society.

CSR: What Corporations Should Do - Inspire and

urge corporations to resolve past harm and put
an end to whatever is causing harm in the
present.

CSR: What Corporations Could Do - Inspire and

urge corporations to utilize their influence and
authority to resolve the social problems that
they can.
Corporate Responsibility
Standards
Triple Bottom-Line Concepts of CSR
(3Ps)
PROFIT (Economic)
• Financial profit, economic growth, and formation
• Business endeavors that would generate economic impact such as
knowledge innovation, investments, outsourcing
• Economic directive and tax payments
• Stock contracts and subsidies

PEOPLE (Social)
• Labor rights including equal opportunities, health and safety
• Right to work
• Right to privacy and right to hold opinions
• Cultural Rights

PLANET (Environmental)
• UN convention on biodiversity
• Greenhouse gas emissions and global warming, soil and water
contamination - Treatment and Reduction
• Use and handling of genetically modified organisms
Pyramid of Corporate Social
Responsibility
7 Principles of CSR
Principle 1 Accountability

Accountability

Accountability is the admission and acceptance of

responsibility for activities, goods/services,
judgements, and dogmas counting the
management, governance, and operation
contained by the extent of the responsibility or
engagement and embracing the duty to inform,
clarify and be liable for subsequent aftermaths
and penalties.
Characteristics of Accountability
Dependability in terms of
precision of extent, illustration
of impact and independence
Understandability to all
from partially
factions concerned

Application and significance
to the users of the
information provided
Comparability, which
indicates reliability and
uniformity, both over time
and amid various
organizations