LAW 533 Lecture 1: Class 1 – Sept 3rd 2014.docx
23 May 2015
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Class 1 an overview of the csr - sept 3rd-10th, 2014. Chapter 1 take a look at end of chapter as well as beginning of chapter briefing. Acting like a regulator; using procurement power. Iso 26000 is standard created by iso specifically pertaining to social responsibility (body shop example is very relative to this: philanthropy work must be in keeping with the iso 26000 sr behaviour, philanthropy is not corporate social responsibility. Canadian csr guide definition: csr is generally understood to be the way businesses achieve an integration of economic, environmental and social objectives while at the same time addressing stakeholder expectations and sustaining or enhancing shareholder value. Compliance with laws is a necessary minimum csr expectation, but csr is typically described as voluntary, non-statutorily required social responsibility commitments. Csr stakeholder perspective: stakeholders include: consumers, employees, investors, shareholders, non- governmental organizations, business partners, lenders, insurers, communities, regulators, governmental bodies.
