According to the Proposal for the EU that just passed through the European Parliament, large EU companies will now have to disclose non-financial information pertaining to their CSR measures. Companies may see such sustainability reporting as a burden, but CSR can be profitable as well – why not get the best of both worlds, sustainability
Corporate Social Responsibility or CSR is meant to function as a self-regulating mechanism of companies that ensures their compliance with the spirit of ethical standards and, not to a lesser degree, endears them to their customers; but is really that simple and how do we measure its effect on what people are buying?
