He gave further examples of his company's commitment to CSR.

Instead of CSR, we should have PSR (personal social responsibility).

Whose Corporate Social Responsibility?

But there are strong arguments in favor of CSR as well.

Other new pressures stemmed from the Corporate Social Responsibility (CSR) process.

The flavor of the week in Rio is sustainability indexing for corporations, by way of corporate social responsibility (CSR).

Finally, CSR can be simply a matter of advertising.

UNCTAD could look at economic development as part of CSR.

Nonetheless, the policy framework needed to facilitate CSR.

A further concern related to the question of the social responsibility of firms and how this could be operationalized through appropriate management systems.

Finally, the discussion turned to some of the legal consequences of firms' participation in CSR initiatives.

These services are grouped together in a dedicated programme for the promotion of CSR and business partnerships.

Improving resource management at the corporate level corporate social responsibility strategies for commodity companies

One can also argue for PSR on the grounds that asking for CSR becomes a way of passing the buck evading personal responsibility for doing good.

Each will consider his or her CSR view the best.

In this context, the issue of CSR as a protectionist advice to hinder free trade was also aired.

One of those policies related to CSR as an integral part of the EU's commitment to sustainable development.

There is also an added advantage in replacing CSR with PSR there is virtue in diversity of approaches to altruism.

Mr. Didier Philippe, Director, CSR and Micro Enterprise Acceleration Program, Europe, Middle East and Africa, Hewlett Packard

In addition, the importance of ensuring corporate social responsibility, including with regard to the rights of workers, was stressed.

The European Union welcomed the ongoing international debate on corporate social responsibility, business ethics, accountability and transparency.

One discussant said that the essence of CSR was the promotion of human decency in business.

Young people are committed to the principles of corporate social responsibility, as well as setting up environmental enterprises such as ecotourism and the wider adoption of green technologies.

What are the lessons that can be learned from the area of corporate social responsibility, both in terms of approaches and in terms of disseminating best practices?

It was indicated that CSR could become a potential driving force for TNCs to promote cooperation with African countries.

A further set of issues related to the impact of CSR practices on FDI and trade, and on national policy responses, including the CSR friendliness of a business location.

Other important issues included Corporate Social Responsibility and a development oriented coherence between national development strategies and decisions emanating from international financial institutions.

28. Recognizes the need for strong partnerships with civil society organizations and the private sector in pursuit of poverty eradication and development, as well as for corporate social responsibility

In 2013, European University awarded the Corporate social responsibility award to Make A Wish Foundation Spain in 2012 as well as the FC Barcelona Foundation.

33. Recognizes the need for strong partnerships with civil society organizations and the private sector in pursuit of poverty eradication and development, as well as for corporate social responsibility

But the fact that CSR is being demanded, and occasionally conceded, does not ensure clarity about either its rationale or the ways in which it should be undertaken.

The panellist from the UN Global Compact introduced the Global Compact and the way it approached the issue of CSR.

The methodology for implementation of CSR at the company level was based on the triple bottom line approach, i.e. a combination of productivity related, social and environmental standards, which were also essential components of sustainable development.

(c) Social and environmental responsibility as an organization

The Panel considers that the international business community should be encouraged, through their corporate social responsibility schemes, to provide resources to meet these needs.

In addition, the ordinance established the principle of corporate criminal liability for contraventions of the regulations.

They form part of a growing trend towards corporate social responsibility and self regulation and include the Ethical Trading Initiative, the Global Reporting Initiative, and the Global Compact initiated by the Secretary General of the United Nations.

In the ensuing discussion, questions were raised regarding the precise definitions of general terms such as corporate responsibility , corporate social responsibility and positive corporate contribution , and regarding the notion of a corporate responsibility for development, as well as UNCTAD's mandate in this regard.

Total shareholder return (TSR) and corporate social responsibility (CSR) often seem completely divorced from each other.

This is difficult for SMEs, because they operate in isolation and therefore find it difficult to integrate into global trade and to access fast growing export markets.

The second focus area is aimed at facilitating the entry of SMEs into international markets and value chains through the promotion of export consortia and the promotion of corporate social responsibility (CSR) and business partnerships.

Private sector involvement in volunteering is a growing phenomenon in industrialized countries and is starting to make headway in developing countries as notions of corporate social responsibility take hold.

Firms are required to meet performance requirements regarding social and environmental conditions.

But are CSR obligations really good practice? Milton Friedman and other critics often asked if it was the business of businesses to practice corporate altruism.

The CSR programme will increasingly be integrated with other UNIDO programmes, such as the SME cluster and networking programme and the national cleaner production centre (NCPC) programme, to ensure a synergetic and complementary approach.