Tip of the Iceberg? Corporate Social Responsibility and Sustainability: The new business imperatives? An International Comparison
- Financial Services Institute of Australasia (FINSIA)
- Publication Type:
- 2007, pp. 1 - 52
- Issue Date:
A substantial increase in the range, significance and impact of corporate social and environmental initiatives in recent years suggests the growing materiality of sustainability. Once regarded as a concern of a few philanthropic individuals and companies, corporate social and environmental responsibility is becoming established in many corporations as a critical element of strategic direction, and one of the main drivers of business development, as well as an essential component of risk management. Corporate social and environmental responsibility (CSR) is rapidly moving from the margins to the mainstream of corporate activity, with greater recognition of a direct and inescapable relationship between corporate governance, corporate responsibility, business performance and sustainable business development.
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