Do companies offer the world anything except products and pollution? Should they offer more? Or less?
“Corporate Social Responsibility” (CSR) and “Triple Bottom Line” (TBL) attempt to measure the contribution companies make (positive and negative) to their communities.
While these concepts have been around for a few decades, application by large organisations has only started taking place in recent years.
I have my reservations about these concepts. While the motivation of people who advocate them is often very positive, I find the implementation of CSR / TBL is often cynical and off the mark. Rush Mottling’s recent article on CSR may give you a sense of its limitations.
Well, guess what? The Australian Parliament is holding an inquiry on this very topic, so watch this space as my submission is knocked together.
Here are some details on the inquiry…