Focusing on social and environmental considerations can be profitable for businesses and at the same time it can help address national and global challenges.
Corporate social responsibility - or in a more recent version: Corporate Sustainability and Responsibility - is about businesses voluntarily helping to meet national and global challenges. Corporate social responsibility is usually abbreviated to CSR.
A business takes social responsibility when, for example it
So, social responsibility is a wide concept and it can cover many different social or global considerations in relation to the operation of the business.
In practice, corporate social responsibility is about working strategically with social responsibility and ensuring the implementation, control and management of processes. It is also about active communication by the business about its initiatives to customers, consumers and interest organisations etc.
There is more information on this website (CSRgov.dk) about corporate social responsibility. There are also links to more knowledge and tools which can help your continued work in the area, and there are examples of what other businesses have done.
You can read about the following areas:
The increasing focus on corporate social responsibility is an international phenomenon. Equally, many of the challenges facing society are global in nature.
Therefore it is a matter of course that CSR take its point of departure in internationally recognised principles and guidelines such as the UN Global Compact. This applies in particular for businesses operating in international markets or with activities abroad.
The former Government’s action plan encourages Danish businesses and investors with international activities to follow either the UN Global Compact or the Principles for Responsible Investment (PRI). There are also a large number of other international guidelines, standards and reporting tools.