What is CSR 2.0 model?

This new CSR – called systemic or radical CSR, or CSR 2.0 – is based on five principles (creativity, scalability, responsiveness, glocality and circularity) and forms the basis for a new DNA model of responsible business, built around the four elements of value creation, good governance, societal contribution and …

What is CSR meaning and definition?

Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.

Who proposed CSR 2.0 model?

Wayne Visser is the author of The Age of Responsibility: CSR 2.0 and the new DNA of Business (Wiley, 2011). He is the founder and director of CSR International and a senior associate at the University of Cambridge Programme for Sustainability Leadership.

What are the CSR programs?

Some examples of CSR in action include:

  • Reducing carbon footprint.
  • Engaging in charity work.
  • Purchasing fair trade products.
  • Investing in environmentally conscious businesses.
  • Getting involved in volunteer work.
  • Improving labour policies.

What is sustainable development model?

A sustainable development model (SDM) framework that is inclusive of the “whole” natural environment is presented to illustrate the integration of the sustainable development of the “whole” ecosystem. The ecosystem approach is an inclusive framework that covers the natural environment relevant futures and constraints.

What is a company triple bottom line?

In economics, the triple bottom line (TBL) maintains that companies should commit to focusing as much on social and environmental concerns as they do on profits. TBL theory posits that instead of one bottom line, there should be three: profit, people, and the planet.

What is CSR example?

What is CSR and examples? CSR is where businesses look at how they can better serve society as a whole, thereby improving its public image and relations. Examples include Google that invested $1.5 billion into renewable energy, and Disney which invested $100 million in children’s hospitals.