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The understanding of CER cannot be separated from CSR—both are interconnected and based on environmental protection. There are three major areas related to these two concepts—economic, environmental and social. CER is focused more on economic and environmental while CSR relates to social and environmental aspects.
The new CSR legislation under section 135 of the Companies Act 2013 requires companies of a certain size to spend 2% of their net profit [8] on activities as prescribed under schedule VII, which are primarily aimed at community development. The canvas of CSR remains narrow and de-linked from the core-business activities of a company.
ISO 26000:2010 Guidance on social responsibility is an international standard providing guidelines for social responsibility (SR, often CSR - corporate social responsibility).
2. Cyprus. Road-tripping around Cyprus is one of my favorite vacations. Latifah Al-Hazza. I spent many wonderful summers in Cyprus as a child, and the island nation is still one of my favorite ...
Most Americans in a new poll said they probably won’t get an updated COVID-19 vaccine. The Pew Research Center survey found 60 percent said they are “probably not” going to “get an updated ...
Some retailers are using President-elect Donald Trump's proposed tariffs to urge consumers to shop now, suggesting if the import duties go into effect next year, a range of goods could cost ...
[7] [8] Commercial frameworks have been developed for sustainability reporting and are issuing standards or similar initiatives to guide companies in this exercise. There is a wide range of terminology used to qualify this same concept of sustainability reporting: ESG reporting, non-financial reporting, extra-financial reporting, social ...
Corporate social responsibility (CSR) differs from Creating Shared Value, although they share the same ground of "doing well by doing good". [8] Mark Kramer, the co-writer of Harvard Business Review article on Creating Shared Value, [ 9 ] states in his "Creating Shared Value" blog that the major difference is CSR is about responsibility ...