corporate social responsibility

what is it?

Corporate social responsibility (CSR) is a business management approach that emphasizes social accountability to a company's stakeholders and the broader public. Companies that practice CSR improve their economic, social, and environmental impact on society. 

CSR practices tend to focus on environmental efforts, philanthropy, ethical labor practices, and volunteering programs.

Environmental, Social, and Governance Criteria (ESG)

CSR is a very broad concept that incorporates a number of theories and practices. One way of implementing CSR is by focusing on improving environmental, social, and governance performance within business. Read more about the ESG criteria on our Impact Investing page.

E

S

G

UN Sustainability Development Goals (SDGs)

Another aspect of implementing CSR is to address one of the 17 UN SDGs, which address poverty, inequality, climate change, environmental degradation, peace and justice. Read more on our UN SDG page.

why csr?

Just as with circular economy, there is a business case for CSR. Adopting CSR best practices can help companies reduce cost and risk, gain competitive advantage, develop and maintain legitimacy and reputational capital, and achieve win-win outcomes through synergistic value creation.

The business case for corporate social responsibility

Harvard Law School Forum on Corporate Governance

More than that, today's consumers expect businesses to operate responsibly. That means that CSR is no longer an optional course of action, but an essential part of doing good business. >>Read More

more resources

CSR IN ISRAEL

Maala is a non-profit corporate membership organization promoting corporate social responsibility (CSR) in Israel. In recent years, the Israeli market has emerged as an increasingly important CSR arena.

THE MAALA INDEX

153 companies, large and SMEs, were rated on the Maala Index in 2020. The data shows the performance results of rated companies according to the Maala Index criteria.

CLARIFYING CSR THEORIES

This article tries to clarify the situation, “mapping the territory” by classifying the main CSR theories and related approaches in four groups

CSR IN EUROPE

Collaboration for Impact: Maturity and integration of sustainability in European sector associations

csr in action

Starbucks

Starbucks's vision is to help inspire partners, customers, suppliers and neighbors to create positive change.

VF Corporation

VF Corporation, the parent company of well-known brands like North Face and Timberland, believes sustainable improvements should be the norm, not the exception.

Shell

Sustainability at Shell means providing more and cleaner energy solutions in a responsible way.

Bengis Center for Entrepreneurship & Innovation

  • Bengis Center Facebook account
  • Bengis Center Linkedin account
  • Bengis Center Youtube account

972-8-6479801 | 972-8-6428392    |    BengisC@som.bgu.ac.il   Ben-Gurion Blvd. 1, P.O. 653, Beer-Sheva, 8410501 Israel