“A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis.”
Amongst other things, this definition helps to emphasise that:
- CSR covers social and environmental issues, in spite of the English term corporate social responsibility
- CSR is not or should not be separate from business strategy and operations: it is about integrating social and environmental concerns into business strategy and operations
- CSR is a voluntary concept
- an important aspect of CSR is how enterprises interact with their internal and external stakeholders (employees, customers, neighbours, non-governmental organisations, public authorities, etc.)
Definition by the European Commission’s Directorate-General for Enterprise and Industry.
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Viada Oy Ltd. provides a CSR element to all Meetings & Incentive programs.