Developments in the concept of corporate social responsibility (CSR)

Corporate social responsibility (CSR) is a concept which has many interpretations and typically has economic, social and environmental dimensions. The concept has increasingly gained interest among businesses and Governments and other stakeholders and has triggered a vivid discussion on its meaning among a number of scholars (cf., Carroll, 2004; Dahlsrud, 2006; Robins, 2005). The increase in interest is primarily a result of efforts made by international organizations (in particular UNGC), Governments (e.g. China’s green growth strategy) and civil society organizations. These efforts have contributed to improved labour standards, enhanced use of renewable energy and practical anti-corruption measures (UNGC, 2012).

Related Subject(s): Economic and Social Development