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CORPORATE SOCIAL
RESPONSIBILITY

CSR is a way to integrate social and
environmental issues to the company’s
values, culture, decision-making,
strategy and operations in a transparent
and accountable manner.

Corporate Social Responsibility (CSR) is an evolving concept in Canada and worldwide. CSR is a concept whereby companies integrate social, environmental, and economic in their operations and in their interaction with their stakeholders on a voluntary basis. It is a way to integrate social and environmental issues to its values, culture, decision-making, strategy and operations in a transparent and accountable manner.

Source:
Industry Canada, Corporate Social Responsibility.

Things to Remember

CSR is the business’ contribution to sustainable development issues.
A socially responsible company must demonstrate best practices, create wealth and contribute to the positive development of society.
It is essential for a leader to place CSR as a priority in their management agenda, and to ensure that this matter is approached with consistency.

Integrating social responsibility into your business

CSR is a mission that is constantly changing. Companies that decide to comply therefore choose to invest in a continuous learning process. They seek the continued progress and remain attentive to new challenges and new considerations.

The commitments that are related:

  • Governance and business ethics
  • Health and Safety
  • Environmental Stewardship
  • Human Rights
  • Human Resource Management
  • Participation, Development and Community Investment
  • Involvement and respect for indigenous
  • Corporate philanthropy and employee volunteerism
  • Customer satisfaction and compliance with the principles of fair competition
  • Anti-corruption measures
  • Accountability, transparency and reporting performance
  • Relationships with suppliers, both for supply chains in Canada and for those abroad.

For more information on CSR

Corporate Social Responsibility: Implementation Guide for Canadian Business
This guide is designed to serve as a starting point for companies interested in implementing an approach to corporate social responsibility and integrate their activities. The paper examines the key issues to be considered, offers options to resolve and refers to many tools.

Sources:
Office of Consumer Affairs (Industry Canada), Corporate Social Responsibility: An Implementation Guide for Canadian Business, 2006.

World Business Council for Sustainable Development (WBCSD)

The WBCSD brings together 200 international companies around a shared commitment to sustainable development based on the three pillars: economic growth, ecological balance and social progress. It is an interesting source of information on the subject.

Source:
World Business Council for Sustainable Development (WBCSD), Dedicated to Making a Difference.

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