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"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man."
George Bernard Shaw, Man and Superman (1903)
Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/ Responsible Business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders. (Wikipedia)
Pure Adam Smith (and many contemporary economists) put profit as the defining motivation for business. Profit is certainly necessary but for many it is not sufficient. Businesses are made up of people, many of whom enjoy taking the talents that have made them successful in business and using them to improve the society they live in.
There are probably more ways to do this than could be listed on any page. You can turn off unused lights, encourage employees to partake in charitable programs or make a corporate decision to invest in software to track carbon emissions; the range is from very simple to quite comples.
This page contains links to organizations that are involved in this and is likely to be in a permanent state of updating. Please send links and/or comments about links.
Established in 2004, the Prison Entrepreneurship Program (PEP) is a Houston-based 501(c)(3) nonprofit organization. We’re pioneers of innovative programs that connect the nation’s top executives, MBA students and politicians with convicted felons. Our entrepreneurship boot camp and re-entry programs are proven solutions for reformed inmates who thrive on challenge and accountability. (from their site)
Page maintained by College of Business Web Specialist
Last updated or reviewed on 3/21/13