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What is corporate social responsibility (CSR)? |
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In the 21st century, companies are affected by issues which are not related to their economical performance, as for example the respect of human rights, human resources management, market behaviour, protection of the environment, corporate governance, and social commitment.
Factors such as these can alter a company's reputation, development and its attractiveness on the market if they are not controlled.
Vigeo Group defines corporate social responsibility as a managerial commitment according to which the rights, interests and expectations of the stakeholders are considered, and which aims at the continuous improvement of its performance and risk control.
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