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Socially responsible
Corporate social responsibility (CSR), also known as corporate responsibility, corporate
citizenship, responsible business, sustainable responsible (SRB), or corporate social performance,
[1] is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy
would function as a built-in, self-regulating mechanism whereby business would monitor and
ensure their adherence to law, ethical standards, and international norms. Business would
embrace responsibility for the impact of their activities on the environment, consumers,
employees, communities, stockholders and all other members of the public sphere
For each business, different measures are taken in consideration to classify a business as "socially
responsible". Each business attempts to reach different goals. There are four areas that should be
measured regardless of the outcome needed: Economic function, Quality of life, Social investment
and Problem solving.[1] that are trying to be achieved should be measured to see if it meets with
the cost guidelines that the business is willing to contribute.

Emerging Normative Status of Social Responsibility
Social responsibility as a non-binding, or soft law principle has received some normative status in
relation to private and public corporations in the United Nations Educational, Social and Cultural
Organization (UNESCO) Universal Declation on Bioethics and Human Rights developed by the
UNESCO International Bioethics Committee particularly in relation to child and maternal welfare.
(Faunce and Nasu 2009) The International Organization for Standardization (ISO) is developing an
international standard to provide guidelines for adopting and disseminating social
responsibility: ISO 26000 - Social Responsibility. Due for publication in 2010, this standard will
"encourage voluntary commitment to social responsibility and will lead to common guidance on
concepts, definitions and methods of evaluation." (ISO, 2009) The standard describes itself as a
guide for dialogue and action, not a constraining or certifiable management standard.

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Socially responsible

  • 1. Socially responsible Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible (SRB), or corporate social performance, [1] is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure their adherence to law, ethical standards, and international norms. Business would embrace responsibility for the impact of their activities on the environment, consumers, employees, communities, stockholders and all other members of the public sphere For each business, different measures are taken in consideration to classify a business as "socially responsible". Each business attempts to reach different goals. There are four areas that should be measured regardless of the outcome needed: Economic function, Quality of life, Social investment and Problem solving.[1] that are trying to be achieved should be measured to see if it meets with the cost guidelines that the business is willing to contribute. Emerging Normative Status of Social Responsibility Social responsibility as a non-binding, or soft law principle has received some normative status in relation to private and public corporations in the United Nations Educational, Social and Cultural Organization (UNESCO) Universal Declation on Bioethics and Human Rights developed by the UNESCO International Bioethics Committee particularly in relation to child and maternal welfare. (Faunce and Nasu 2009) The International Organization for Standardization (ISO) is developing an international standard to provide guidelines for adopting and disseminating social responsibility: ISO 26000 - Social Responsibility. Due for publication in 2010, this standard will "encourage voluntary commitment to social responsibility and will lead to common guidance on concepts, definitions and methods of evaluation." (ISO, 2009) The standard describes itself as a guide for dialogue and action, not a constraining or certifiable management standard.