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Responsability Social Corporation - Coggle Diagram
Responsability Social Corporation
What is CSR?
practices
may include
fair labor practices
support to local communities
sustainability initiatives
implemented by the companies
have a positive impact on
environment
the company
the companies
do not only seek to maximize profits
consider its impact
social
environmental
economic
is defined as
the commitment
acting ethically
contribute to economic development
improve the quality of life
workforce
their families
to the local community
society in general
The relation between companies/corporations and stakeholders
is through
social contract
companies have responsibilities
society
according to their position within it
this relationship involves
companies should consider
needs
concerns
from various stakeholders
like
customers
environment
employees
when making decisions
the company's shares
not only have an impact
current stakeholders
but also
future generations
The principles of CSR
responsibility
companies
responsible for
shares
decisions
transparency
the need for companies to be
open
clear
your communication
about
practices
results
allowing stakeholders to assess their performance
sustainability
companies should adopt practices
that ensure the well-being
long-term
of the company
the environment
avoiding excessive use of resources and ecological damage
ethics
act with
integrity
transparency
in all business operations and decisions