Original language | English |
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Title of host publication | Encyclopedia of Sustainable Management |
Editors | Samuel Idowu, René Schmidpeter, Nicholas Capaldi, Liangrong Zu, Mara Del Baldo, Rute Abreu |
Publisher | Springer |
Pages | 1-8 |
Number of pages | 8 |
ISBN (Electronic) | 9783030020064 |
Publication status | Published - Nov 2023 |
Abstract
Generally speaking, Corporate Social Responsibility (CSR) is a type of self-regulation by business (Sheehy 2015). Pubic authorities, including both European Union (EU) member governments and European institutions, provide guidelines and, on some occasions, complementary regulation to support CSR implementation. The European Commission identifies CSR as the responsibility of corporations for “their impact on society” (European Commission n.d.). Corporations take the lead in implementing CSR norms through integration of “social, environmental, ethical, consumer, and human rights concerns into their business strategy and operations” (European Commission n.d.).