CSR - Corporate Social Responsibility

Corporate social responsibility is defined as a form of self-regulation in terms of compliance with the laws, international standards and general ethical standards. The goal of CSR is for corporations to incorporate socially responsible behavior into their strategic plans and decisions, considering the impact of their decisions on their employees, the environment, their suppliers, clients or customers as well as the local community and other relevant stakeholders.

Globally there are a few bodies that govern corporate social responsibility. The largest network for corporate social responsibility is UN Global Compact and Ciklopea as their member supports and promotes their 10 principles. Aside from Global Compact the other relevant body is Global Reporting Initiative that aids reporting on CRS with their GRI reporting guidelines. Finally, the internationally accepted norm for social responsibility is ISO 26000. Ciklopea has been a member of GRI and Global Compact since 2011.