Williams reported that the topic of corporate responsibility has been given increasing academic attention in the past decades, citing data collected and analyzed by Devinney that showed that the number of articles relating to the topic had risen significantly in various journals devoted to environmental...
Avuso et al. argued that in order to align with stakeholders' interests and create long-term value, organizations need to develop, apply, and maintain the necessary management competences and capabilities to deal with stakeholder concerns over time.[1] According to Draper, structured CSR dialogue, often referred to...
While certainly part of the broader project of CSR implementation and integration, governance and management issues are often separated for deeper consideration. The foundation of effective CSR activities is strong governance and management systems and clear, predictable and transparent processes that allow companies to identify...
After gaining an understanding of the core subjects of CSR and identifying the potential business benefits associated with CSR initiatives and programs, the next step for companies aspiring to enhancing their sustainability is implementing CSR and integrating the associated strategies and principles into all aspects...
While presumably the prospect of “doing good” is a compelling reason for companies to consider implementing CSR initiatives, the reality is that managers must develop a solid business case for investing the company’s resources in CSR activities, a process that calls for identification of the...
CSR is a complex subject that has attracted widespread interest and generated a far-ranging array of definitions, dimensions and models. In order for companies to anchor their CSR focus, they need to identify and understand the core subjects of CSR and the specific issues associated...
While a sustainable entrepreneur may have great ideas for products and services, it may not be enough to be successful unless the business is operated in a supportive environment. While many companies are launched in small spaces and often change locations multiple times, sustainability demands...
A discussion paper on board adoption and oversight of corporate sustainability prepared by The Global Compact LEAD included the following observation[1]: “Sustainability is increasingly recognized as a strategic imperative for businesses globally. Far more than when the Global Compact was launched in 1999, companies recognize that...
As interest in CSR and corporate sustainability has grown, companies have found that they are subject to heightened scrutiny and that the traditional disclosure practices that focused primarily, if not exclusively, on financial information and performance and related risks are no longer adequate. Companies must...
Interest in CSR and corporate sustainability among institutional investors has logically been accompanied by a sharper focus on whether and how companies are adopting the long-term perspective necessary for committing resources to projects that will likely have the highest value to the business at some...