CS Professional · CSR and Social Governance · CSR and Sustainable Development Goals
A manager says that CSR means going beyond what the law minimally requires and engaging voluntarily with society and the environment. Which international idea does this most closely echo in the evolution of CSR?
It echoes the international definition of CSR as the voluntary integration of social and environmental concerns into business operations and stakeholder interactions. This voluntary, beyond-the-law notion shaped early thinking, before India made CSR spending a statutory requirement for qualifying companies.
- ACSR as integration of social and environmental concerns into business operations voluntarilyCorrect
- BCSR as a tax levied on profits
- CCSR as an audit of financial statements
- DCSR as a stock exchange listing rule
Explanation
Early international definitions, such as those by the European Commission and WBCSD, described CSR as voluntary integration of social and environmental concerns into operations and stakeholder dealings. The other options describe a tax, an audit and a listing rule, none of which define CSR.
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