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Books > Earth & environment > The environment > Environmental economics > Sustainability
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Sustainability Standards and Instruments (Paperback)
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Sustainability Standards and Instruments (Paperback)
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Academics, policymakers, business people, members of civil society
and individuals have all recognized the significant effect the
activities of the private sector have on employees, customers,
communities, the environment, competitors, business partners,
investors, shareholders, governments and others. It is also
becoming increasingly clear that firms can contribute to their own
wealth and to overall societal wealth by considering the effect
they have on the world at large when making decisions and take
operational actions to execute their strategies. All of this has
led to growing interest in ""corporate social responsibility"", or
""CSR"", which has been described as the way that firms integrate
social, environmental and economic concerns into their values,
culture, decision making, strategy and operations in a transparent
and accountable manner and thereby establish better practices
within the firm, create wealth and improve society. The commitments
and activities associated with any CSR initiative should begin with
compliance with laws and regulations promulgated by the
governmental entities have jurisdiction over the firm's activities;
however, CSR extends well ""beyond the law"" to include important
subjects as to which the law has not been able to keep. As a
result, voluntary corporate responsibility standards developed from
a variety of sources have emerged to fill the gap in areas such as
corporate governance and ethics; health and safety; environmental
stewardship; human rights (including core labor rights); working
conditions and industrial relations; community involvement,
development and investment; consumer issues; fair competition;
anti-bribery and anti-corruption measures; accountability,
transparency and performance reporting; and supplier relations.
This book is intended to serve as an introduction to sustainability
standards and instruments and includes chapters on initiatives of
governmental and intergovernmental bodies, sectoral CSR
commitments, CSR-related reporting and management standards and
securities exchanges and regulators. The book also provides
information on CSR-related nonprofits and NGOs that readers can use
as resources for broadening their understanding of private sector
activities relating to CSR and sustainability.
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