Corporate Social Responsibility (CSR)

ISO 26000
Basics
BBA-IV (A,B)
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AP Management Sciences
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 International Guidelines on CSR
• World Business Council for Sustainable Development
CSR is the continuing commitment by business to behave ethically and
contribute to economic development while improving the quality of life of
the workforce and their families as well as of the local community and
society at large.
• The European Commission
Being socially responsible means not only Fulfilling legal expectations but
also going beyond compliance and investing more into human capital, the
environment and relations with stakeholders.
• UK Government
The Government sees CSR as the business contribution to our sustainable
development goals. Essentially it is about how business takes account of its
economic, social and environmental impacts in the way it operates –
maximizing the benefits and minimizing the downsides.

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 CSR Standards
• “A set of international workplace and human rights standards
developed by Social Accountability International, with input
from numerous NGOs and based on the Conventions of the ILO
and the Universal Declaration of Human Rights” (Miles, 2004)
• SA 8000 • May emerge as international standard, required by vendors to
remain a member of the supply chain of large MNCs (Miles,
2004)

• GRI provides a “trusted and credible framework for sustainability

reporting that can be used by organizations of any size, sector or
location.” (GRI, 2008)
• Global • GRI was developed over the last ten years and is now broadly
Reporting recognized by many organizations as a standard for corporate
responsibility and sustainability reporting
Initiative (GRI) • GRI provides a public record of organizations which have
voluntarily provided their sustainability reports

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 CSR Standards
• The ISO 26000 standard addresses core CSR subjects
including governance, human rights, labour practices,
the environment, fair operating practices, consumer
issues and community involvement and development
• ISO 26000 is a working draft that has not yet been
• ISO 26000 ratified by ISO members and therefore has not yet
been implemented
• This standard provides a guide for organizations to
voluntarily adopt CSR practices
• With participation from about 80 countries and many
stakeholder groups, ISO 26000 will likely be recognized
as a universal standard, across most industries, when it
is completed

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 "We are not asking corporations to do
something different from their normal business;
we are asking them to do this normal business
differently"
Kofi Annan
Global Compact meeting

“ISO standards are crucial to sustainable

development as they are key source of
technological know how”
Kofi Annan,
ISO General Assembly, sept. 2004

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Continued

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