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CORPORATE SOCIAL RESPONSIBILITY
CSR is the responsibility of enterprises for their impact on society. 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 Integrating social, environmental, ethical, consumer, and human rights concerns into their business strategy and operations.
CSR provides important benefits to companies in risk management, cost savings, access to capital, customer relationships, HR management, and their ability to innovate. In the interest of the EU economy – 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.