But when we at p.h. balanced films use the term Corporate Social Responsibility, we mean: “running a company that is commercially successful in an ethical way that respects people’s rights, benefits communities, and helps the planet.”
Norwegian engineer and consultant Alexander Dahlsrud wrote an analysis for the Corporate Social Responsibility and Environmental Management journal, which looks at the dimensions of the term Corporate Social Responsibility.
He highlights the five dimensions of CSR: environmental, social, economic (contributing to overall economic development), stakeholder (interaction of the company with stakeholder, employees and consumers), and voluntariness (i.e., decisions based on ethical values, not always laws). Dahlsrud then compares thirty-seven (yes, 37!) definitions of CSR from different organizations which you can read here.
You can read even more definitions here and here.
Agree with these definitions? Disagree? Have a better one? We’d love to hear from you – here, on our Facebook page, or on Twitter – we’re @phbalancedfilms.