The Ten Essentials of Responsible Business Conduct

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Abstract

In the past, companies engaged in mere philanthropy, addressing the needs of a variety of communities via the projects they had selected. Today, in addition to their philanthropic initiatives, these same companies undertake activities that address the concerns of their key stakeholders. In fact, an increasing number of stakeholders, including shareholders, consumers, employees, suppliers, governments, NGOs, and investors, among others, are becoming more concerned about companies’ activities and their environmental and social impact. As a result, an increasing number of businesses are feeling compelled to enhance cooperation with their stakeholders. To succeed, their initial steps should involve develo** a corporate social responsibility (CSR) strategy and a sustainability policy, with the ultimate goal being the creation of shared value solutions.

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Notes

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  11. 11.

    The World Medical Association (WMA) has developed the Declaration of Helsinki as a statement of ethical principles for medical research involving human subjects, including research on identifiable human material and data. https://www.wma.net/policies-post/wma-declaration-of-helsinki-ethical-principles-for-medical-research-involving-human-subjects/ Retrieved on March 26, 2021.

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Correspondence to Brigitte Bernard-Rau .

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Bernard-Rau, B. (2024). The Ten Essentials of Responsible Business Conduct. In: Bernard-Rau, B. (eds) Sustainability Stories. Springer, Cham. https://doi.org/10.1007/978-3-031-52300-7_12

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