Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels.
Cranfield University is a British postgraduate public research university specialising in science, engineering, design, technology and management. Cranfield was founded as the College of Aeronautics (CoA) in 1946. Through the 1950s and 1960s, the development of aircraft research led to growth and diversification into other areas such as manufacturing and management, and in 1967, to the founding of the Cranfield School of Management. In 1969, the College of Aeronautics was renamed the Cranfield Institute of Technology, was incorporated by royal charter, gained degree awarding powers, and became a university. In 1993, it adopted its current name.
The World Business Council for Sustainable Development (WBCSD) is a CEO-led organization of over 200 international companies. The Council is also connected to 60 national and regional business councils and partner organizations.
Ashridge Executive Education is the executive education programme of Hult International Business School, housed in Hult's Ashridge Estate campus. Formerly an independent business school, known as Ashridge Business School, Ashridge completed an operational merger with Hult in 2015. Its activities include open and tailored executive education programmes, Master of Business Administration, Master of Science and diploma qualifications, as well as organisation consulting and applied research.
A sustainable business, or a green business, is an enterprise that has minimal negative impact or potentially a positive effect on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line. They cluster under different groupings and the whole is sometimes referred to as "green capitalism." Often, sustainable businesses have progressive environmental and human rights policies. In general, business is described as green if it matches the following four criteria:
- It incorporates principles of sustainability into each of its business decisions.
- It supplies environmentally friendly products or services that replaces demand for nongreen products and/or services.
- It is greener than traditional competition.
- It has made an enduring commitment to environmental principles in its business operations.
Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. Generally speaking, sustainability reporting deals with information concerning environmental, social, economic and governance issues in the broadest sense. These are the criteria gathered under the acronym ESG.
Nigel Edward Doughty was a British investor and football club owner, who was co-chairman and co-founder of Doughty Hanson & Co, a European private equity firm based in London.
Cranfield School of Management, established in 1967, is a business school that is part of Cranfield University in Bedfordshire, United Kingdom. It was ranked Top 10 in the UK and 34th in Europe in the Financial Times European Business Schools 2021 rankings. Cranfield School of Management is triple accredited by the Association of MBAs (AMBA), EQUIS and AACSB. Cranfield University, the UK's only wholly postgraduate university, specialises in science, technology, engineering, and management.
Corporate sustainability is an approach aiming to create long-term stakeholder value through the implementation of a business strategy that focuses on the ethical, social, environmental, cultural, and economic dimensions of doing business. The strategies created are intended to foster longevity, transparency, and proper employee development within business organizations. Firms will often express their commitment to corporate sustainability through a statement of Corporate Sustainability Standards (CSS), which are usually policies and measures that aim to meet, or exceed, minimum regulatory requirements.
Business in the Community (BITC) is a British business-community outreach charity promoting responsible business, CSR, corporate responsibility, and is one of the Prince's Charities of Charles, Prince of Wales.
The Doughty Centre for Corporate Responsibility, was established in 2007 at the Cranfield School of Management, Cranfield University in the UK,. Initial funding for the Centre came from Nigel Doughty a Cranfield MBA alumnus.
Stakeholder engagement is the process by which an organization involves people who may be affected by the decisions it makes or can influence the implementation of its decisions. They may support or oppose the decisions, be influential in the organization or within the community in which it operates, hold relevant official positions or be affected in the long term.
A corporate social entrepreneur (CSE) is someone who attempts to advance a social agenda in addition to a formal job role as part of a corporation. CSEs may or may not operate in organizational contexts that are predisposed toward corporate social responsibility. CSEs' concerns are with both the development of social capital and economic capital, and the formal job role of a CSE may not necessarily be connected with corporate social responsibility, nor does a CSE have to be in an executive or management position.
The CBS International Business School (CBS) is a state-recognised, private business school which emerged in 2020 from the individual brands Cologne Business School (CBS) and European Management School (EMS). At its locations in Cologne, Mainz and Potsdam, it offers approximately 1,900 students its predominantly English-language business management study courses with the academic degrees Bachelor of Arts, Bachelor of Science, Master of Arts, Master of Science and MBA. The CBS Cologne Business School GmbH is the responsible body of the university.
Globe Award is an international sustainability award which aims at encouraging and promoting the corporate and public sector, individual scientists as well as groups of innovators that have excelled in sustainable development in the world. Globe Award is a not-for-profit organisation which focuses on fostering sustainability within societies. Globe Award’s main goal boils down to inspire actors to take responsibility and act globally through awarding great causes within research, innovations, municipalities and companies.
Wayne Visser is a writer, speaker, film producer, academic, editor of poetry, social entrepreneur and futurist focused on sustainable development, corporate social responsibility and creating integrated value.
India's National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs) were released by the Ministry of Corporate Affairs (MCA) in July 2011 by Mr. Murli Deora, the former Honourable Minister for Corporate Affairs. The national framework on Business Responsibility is essentially a set of nine principles that offer businesses an Indian understanding and approach to inculcating responsible business conduct.
Social accounting is the process of communicating the social and environmental effects of organizations' economic actions to particular interest groups within society and to society at large. Social Accounting is different from public interest accounting as well as from critical accounting.
The Institute of Corporate Responsibility and Sustainability (ICRS) is a professional body dedicated to supporting Corporate Responsibility and Sustainability practitioners. It is the successor to the Corporate Responsibility Group.
Bekeme Masade-Olowola is a Nigerian social entrepreneur, a member of the Board of Directors of the Global Reporting Initiative (GRI) – the world's leading sustainability impact measurement and reporting standards body – and the Chief Executive of CSR-in-Action, a group made of a consulting firm, a think tank and a training institute dedicated to corporate social responsibility, policy development, advocacy, empowerment and sustainable development in the region.
