Lesson notes, exercises, downloads, and recommended reading are below the video. On mobile, the video will rescale when you play it.

How is CSR Reflected in Legislation and Standards?

Many businesses are embracing Corporate Social Responsibility – CSR. There are many reasons for this, motivated by philanthropic and self-serving interests. But what standards do legislators hold these companies to? And what independent standards can they adopt, to demonstrate their CSR credentials?

Watching this video is worth 2 Management Courses CPD Points*.
πŸ”Ž See below for details

Corporate Social Responsibility (CSR)
This video is part of course module 6.2
Program 6: Managing within Organizations
Course 2: Corporate Social Responsibility

Other videos that describe Corporate Social Responsibility:
🎬 What is Corporate Social Responsibility (CSR)?
🎬 What is the Triple Bottom Line?
🎬 CSR: Who are an Organization’s Stakeholders?
🎬 What are an Organization’s Environmental Responsibilities under CSR?
🎬 What are an Organization’s Social Responsibilities under CSR?
🎬 What are an Organization’s Ethical Responsibilities under CSR?

It’s impossible to cover all the legal and regulatory frameworks in the nations and federal states around the world. But the key elements of CSR embedded in legislation include things like:
– Employment protection
– Equal Opportunities and Discrimination legislation
– Maternal, paternal, and carer rights
– Consumer protection and product liabilities
– Environmental protection
– Health & Safety legislation

In addition, the accounting industry and corporate oversight bodies are building CSR requirements into Corporate Governance and mandatory reporting to shareholders and regulators.

Four Standards & Certifications
1. The Sustainability Accounting Standards Board – https://www.sasb.org
2. B Lab’s B-corp certification – https://www.bcorporation.net
3. ISEAL code compliance – https://www.isealalliance.org
4. International Organization for Standardization: ISO 26000 – https://www.iso.org/iso-26000-social-responsibility.html

1. What CSR-related regulations and legislation are you aware of in your country or state? (2 MC CPD Points)
2. How could compliance with an external standard benefit your organization? (2 MC CPD Points)

Free Resources
🧰 CPD Tools – https://gum.co/MC-CPD
Paid resources
🧳 Management Courses Onboarding Kit – https://gum.co/MC-ObK ($3)

There are many books that discuss CSR. These are the ones I recommend:
πŸ“– Corporate Social Responsibility: A Very Short Introduction
πŸ“– Cannibals with Forks: The Triple Bottom Line Of 21st Century Business
πŸ“– Strategic Management: A Stakeholder Approach: R Freeman
πŸ“– The Stakeholder Strategy: Profiting from Collaborative Business Relationships
πŸ“– Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause
πŸ“– Corporation Be Good! the Story of Corporate Social Responsibility

⭕️ Links to our book recommendations are affiliated through Amazon and help support our free videos

Managers Need a Basic set of kit to do your job well. Here are my top recommendations: https://kit.co/MikeClayton/manager-s-work-kit (the links are affiliated)

You can record your Management Courses CPD points on our free, downloadable CPD record log.
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Each video has two levels of MC CPD points. For this video:
– If you simply watched the video, record 2 MC CPD points
– If you also carried out all of the recommended exercises, score a total of 6 MC CPD points

00:00 – Corporate Social Responsibility legislation and standards
00:36 – CSR in Legislation
02:25 – Corporate Social Responsibility for its own sake
02:52 – CSR in owner-managed businesses
03:19 – Companies’ desire to hold themselves to CSR standards
03:47 – The Sustainability Accounting Standards Board
04:06 – B Lab’s B-corp Certification
04:37 – ISEAL Code Compliance
05:10 – International Organization for Standardization: ISO 26000
06:05 – Summing up

#ManagementCourses #CSR #CorporateSocialResponsibility


What are an Organization’s Environmental Responsibilities under CSR?
CSR: Who are an Organization’s Stakeholders?
What is the Triple Bottom Line?
What is Corporate Social Responsibility (CSR)?

Mike Clayton

About Mike Clayton 

Dr Mike Clayton is a (former) Project Manager and now a management educator. Having trained thousands of people at live workshops, seminars, and conferences, he now delivers training mainly via video. He has 14 books with international publishers and runs two successful YouTube channels. He is also the founder of OnlinePMCourses.com

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