CSR Introduction (original) (raw)
For the better understanding of the reader, this paper is divided into two parts. The first part of the paper discusses about the International Standardization in regard to CSR. The latter part of the paper throws light on the status of CSR in the developing countries. In the first part, the article deals with internationally acknowledged standards and norms in the sphere of corporate social responsibility. It introduces the concept of social responsibility, the so-called triple-bottom line, in terms of which the company focuses not only on the economic growth but it also takes into account environmental and social aspects of its business activities. The article presents five norms and standards which stem from the triple-bottom line concept. The second part of article is primarily focused on the drivers of the CSR in the developing countries and throws lights on what could be the Ideal CSR Pyramid for developing countries and it ends with the conclusion
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