Quotes & Sayings About Corporate Social Responsibility

Global corporations have the human capital, the financial resources, the technology, the international footprint, the power of markets and the profit motivation to build a better world. NGOs will be essential partners...Governments will be essential partners...By engaging together through an iterative process, we will achieve "A Better World. — Alice Korngold

The Ministry places great importance and focus on the waste management issue as one of the most pressing priorities in the UAE, given its economic, social, environmental and medical effects. The Ministry addresses this issue through two approaches, the first in limiting the generation of waste form the source, by organizing awareness programs that target families and individuals, or by regulations and developing a national regulatory framework for waste management. The second revolves around the reuse and recycling of waste as a national commitment and one of the major objectives of the national agenda of the UAE Vision 2021. We all hope that we can strengthen the cooperation between the public and private sector in that domain, and encourage private companies to play a more vital role in waste management in a way that exceeds corporate social responsibility initiatives. — Anonymous

The emphasis placed by more and more companies on corporate social responsibility symbolises the recognition that prosperity is best achieved in an inclusive society — Tony Blair

The only corporate social responsibility a company has is to maximize its profits. — Milton Friedman

As to the meaning of "corporate social responsibility," Friedman and I would agree: If a certain action improves the corporation's bottom line, there's no point in labeling it "socially responsible." It's just good business. — Robert Reich

We also need to find a language capable of defending government as an element of the common good, one that does not define itself as both a punishing and corporate state. This is not merely a matter of redefining sovereignty, but also rethinking what is distinctive about the social state, social responsibility, and the common good. — Henry Giroux

Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. — Milton Friedman

In Orissa, where it is mining bauxite, Vedanta is financing a university. In these creeping, innocuous ways mining corporations enter our imaginations: the Gentle Giants Who Really Care. It's called CSR, corporate social responsibility. — Arundhati Roy

The concept of corporate social responsibility (CSR) has long been used as an effective lens through which to examine the actions business can take toward ensuring mutual long-term well-being and sustainability. — Klaus Schwab

Over the past 60 years, marketing has moved from being product-centric (Marketing 1.0) to being consumer-centric (Marketing 2.0). Today we see marketing as transforming once again in response to the new dynamics in the environment. We see companies expanding their focus from products to consumers to humankind issues. Marketing 3.0 is the stage when companies shift from consumer-centricity to human-centricity and where profitability is balanced with corporate responsibility. — Philip Kotler

I have requested the corporates to evolve plans under corporate social responsibility to build clean toilets specially for girl students in schools. India should learn from foreign countries, where people are disciplined and do not litter in public places. — Narendra Modi

Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality. — Klaus Schwab

It might come as a surprise, but the Bible also addresses the importance of corporate responsibility. The Old Testament "law of gleaning" speaks loud and clear about this. Leviticus 19: 9-10 (NIV) summarizes this important social justice law which is also restated in Deuteronomy 24: "'When you reap the harvest of your land, do not reap to the very edges of your field or gather the gleanings of your harvest. Do not go over your vineyard a second time or pick up the grapes that have fallen. Leave them for the poor and the foreigner. I am the LORD your God." This law from God Himself, commanded landowners, business owners in our language today, to leave some of their potential profits for immigrants and the poor. — Robert Chao Romero

All company bosses want a policy on corporate social responsibility. The positive effect is hard to quantify, but the negative consequences of a disaster are enormous. — Noreena Hertz

We need government and business to work together for the benefit of everyone. It should no longer be just about typical "corporate social responsibility" where the "responsibility" bit is usually the realm of a small team buried in a basement office - now it should be about every single person in a business taking responsibility to make a difference in everything they do, at work and in their personal lives. — Richard Branson

The voluntary approach to corporate social responsibility has failed in many cases. — David Suzuki