Whose Corporate Social Responsibility?

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

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

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

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

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.

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

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.

We regret that Emir Sefic was not offered the third party liability insurance that he could have claimed.

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 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.

2.1 On 22 July 2002, the petitioner contacted Fair Insurance A S to purchase insurance covering loss of and damage to his car, as well as third party liability insurance.

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.

32 2003 (Sefic v.

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.

The United Nations, and the General Assembly, cannot abdicate the responsibility to secure fulfilment of the development goals and commitments that have been undertaken.

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

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?

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.

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.

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.

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.

It pointed out that, under section 1 (1) of the Instruction on Third Party Liability Insurances for Motor Vehicles (No. 585, 9 July 2002), the company was legally obliged to offer any customer public liability insurance.

Regarding the Act on Insurance Agreements we are clearly aware of the fact that anybody accepting our conditions of insurance can demand to be offered third party liability insurance.

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

Two insurers responded. Both confirmed the brokerage arrangements with the claimant, but only one addressed the issue of liability for premiums.

They ensure appropriate protection during the transport through and exit from Jordan of cargoes of exported explosives and during the entry into Jordan and transport of cargoes of explosives en route to businesses and other establishments authorized to import such products.

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.

But capitalism, as we know it, is only a few hundred years old, enabled by cooperative arrangements and technologies, such as the joint stock ownership company, shared liability insurance, double entry bookkeeping.

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.

CSR can be divided into two categories what corporations should do (say, contribute to a women s rights NGO or build a village school) and what they should not do (say, dump mercury into rivers or bury hazardous materials in landfills).

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.