Corporate Social Responsibility (CSR)
The implementation of CSR in SMEs as a challenge
Corporate Social Responsibility (CSR) has gained acceptance as a concept for sustainable business development in today's business world. What that means, but for SMEs, and is such a concept for small businesses in general practice?
CSR represents a variety of terms that ultimately affect everyone in one way or another the responsible use of environmental, economic and financial resources. Whether it is talking about sustainability, corporate responsibility, corporate citizenship, triple bottom line, Business Ethics and similar initiatives or models, is less relevant. The emphasis of and objectives are often very similar. If the term "Corporate social responsibility" or CSR in relation to small and medium-sized enterprises mentioned, you will meet frequently for the prejudice that such initiatives for SMEs rarely or are hard to apply. Only large and listed companies would have the options and a basic interest in CSR practically apply and implement.
CSR issues for SMEs
The basic definition of CSR, however, all companies
validity, and there are essentially no distinction in terms of company size.
we define CSR as an approach to a company in the essential Resources to identify and manage adorn long-term profitability will be apparent that CSR elements are the cornerstone of any business-oriented organization and that no specifi c relationship between CSR and company size is. Strategically, CSR can help
to develop an understanding of how non-financial factors are having financial
Bet collectors together and deliver a substantial value proposition:
goes from a business perspective, the following. CSR leads in consequence to increased competitiveness, because all resources are managed effectively (not just the financial capital) and at an early stage the risks and opportunities be addressed.
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