What is corporate social responsibility (CSR)?
Corporate Social Responsibility
• CSR is a company's contribution to community development through economic, social, and environmental projects.
• Four categories of CSR: environmental efforts, philanthropy, ethical labor practices, and volunteering.
• Environmental efforts involve reducing carbon footprints.
• Philanthropy involves donating to social causes and nonprofits.
• Ethical labor practices promote workplace ethics and fair treatment.
• Volunteering expresses concern for specific issues and social causes.
Sustainability Reporting
• Helps organizations set goals, measure performance, and manage change.
• Conveys disclosures and impacts on the environment, community, and governance to stakeholders.
• Common worldwide, driven by some jurisdictions or financial disclosure obligations.
• Consumers, investors, and stakeholders demand corporate sustainability programs and policies.
• Eurocaltech supports clients in navigating ESG reporting mechanisms