Corporate Social Responsibility

Corporate Social Responsibility

This pyramid is important because it triangulates three major trends:

1) economic globalization,

2) expanding CSR expectations, and

3) the call for improved business ethics.

This CSR pyramid advises organizations to:

  • Make a profit consistent with expectations for international business
  • Obey the law of the host countries as well as international law
  • Be ethical in its practices, taking host-country and global standards into consideration
  • Be a good corporate citizen, especially as defined by the host country's expectations.