Corporate Social Responsibility

Related Theme: Social Affairs

Corporate social responsibility (CSR) refers to companies taking responsibility for their impact on society. In principle, CSR should be company led. Public authorities can play a supporting role through a smart mix of voluntary policy measures and, where necessary, complementary regulation.

Companies can become socially responsible by: 

  • following the law;
  • integrating social, environmental, ethical, consumer, and human rights concerns into their business strategy and operations.

CSR is important because it is: 

  • In the interest of enterprises - CSR provides important benefits to companies in risk management, cost savings, access to capital, customer relationships, human resources management, and their ability to innovate.
  • In the interest of the EU economy (or economy of another country or region in question where companies and authorities pursue CSR policy) - CSR makes companies more sustainable and innovative, which contributes to a more sustainable economy.
  • In the interests of society - CSR offers a set of values on which we can build a more cohesive society and base the transition to a sustainable economic system.

For more and up-to-date information about CSR please visit the dedicated DG GROW website.

EESC on Corporate Social Responsibility

 You can find links to all the EESC's events, opinions and other activities on "Corporate Social Responsibility" in the green and red boxes on this page.

Opinions on Corporate Social Responsibility

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