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Publication Detailed Description
Book Title
Encyclopedia of sustainable management
Year (definitive publication)
2021
Language
English
Country
Switzerland
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Abstract
Corporate social responsibility (CSR) can be defined as a “concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment” (European Commission 2001, p. 4). The basic notion of CSR “is the idea that it reflects the social imperatives and the social consequences of business success” (Matten and Moon 2008, p. 405). In that sense, the European Commission presented a new definition of CSR as “the responsibility of enterprises for their impacts on society” (European Commission 2011, p. 7).
The Communication of the European Commission at the end of 2011 underpinned the adverse effects of the economic and social crisis, as they have damaged consumer confidence and levels of trust in business and “have focused public attention on the social and ethical performance of enterprises” (European Commission 2011, p. 5).
CSR is an umbrella term overlapping with some and being...
Acknowledgements
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Keywords
Business ethics,Sustainable development,Triple bottom line
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
Contributions to the Sustainable Development Goals of the United Nations
With the objective to increase the research activity directed towards the achievement of the United Nations 2030 Sustainable Development Goals, the possibility of associating scientific publications with the Sustainable Development Goals is now available in Ciência-IUL. These are the Sustainable Development Goals identified by the author(s) for this publication. For more detailed information on the Sustainable Development Goals, click here.
