What is CSR?
CSR is a result-driven process whereby a company assumes responsibility across all its business operations for the social, ecological and economic consequences of its activities, and is accountable and transparent towards its stakeholders regarding these issues.
CSR Frame of Reference
The MVO Platform has developed a CSR Frame of Reference. This Frame of Reference maps out which international treaties and other agreements lead to social obligations and responsibilities of companies. Examples are:
- The UN Guiding Principles on Business and Human Rights;
- The OECD guidelines for multinational enterprises
- ISO 26000, Guidance on social responsibility
The MVO Platform also uses the concept “corporate accountability”. While CSR describes the responsibility of companies, corporate accountability emphasis the possibility for stakeholders and governments to hold companies to account.