Home > Blossary: Corporate Social Responsibility CSR
Every business is usually meant for making business, i.e. making profit. Every business has too a duty to its community, whether it is to the workers by being a good employer, to the surrounding environment by causing harm as little as possible or to the share holders by delivering a reasonable return on investments, in all delivering the best to the stakeholders. Stakeholders are individuals or groups directly or indirectly affected by the Corporate culture, as well as those who may have interests in a corporate body or business or the ability to change its activities positively or negatively, such as : Business owners - Environmental activists - Governments - Trade Unions – Factory Workers – Raw Material suppliers – Point of Sale [POS] Customers. A company cannot thrive, grow without engaging its community, which includes its suppliers, its customers, its shareholders and members of the general public. The CSR shouldn’t be confused with Corporate philanthropy [loving mankind] like donating cash, foods, clothes to the have-nots, flood survivors or any disaster survivors. CSR is an umbrella concept covering various participating concepts, like Organisational Governance, Social Compliance, Social Responsibility, Corporate Philanthrophy, which include fields like Working conditions, Human Resources Management, Product Quality, Ethical Financing, Environmental protection, Community Welfare, Education & Health care, Donations to Good causes. There are some International Organisations and Programs providing and certifying CSR standards around the globe.

Category: Business

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Created by: SharfuddinR

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The global standard is issued by the International Association for Research and Testing in the Field of Textile Ecology (Oeko-Tex) with headquarters in Zurich (Switzerland). It currently includes 15 neutral test and research institutes in Europe and Japan with contact offices in over 60 countries around the world. The internationally standardised criteria catalogue for testing for harmful substances is regularly modified and expanded. The OEKO-TEX® Standard 100 is an independent testing and certification system for textile raw materials, intermediate and end products at all stages of production. Examples for items eligible for certification: Raw and dyed/finished yarns, raw and dyed/finished fabrics and knits, ready-made articles (all types of clothing, domestic and household textiles, bed linen, terry cloth items, textile toys and more).

Domain: Business administration; Category: Business management

La norme mondiale est délivrée par l'Association internationale de recherche et d'essai dans le domaine de l'écologie Textile (Oeko-Tex) dont le siège est à Zurich (Suisse). Il comprend actuellement 15 instituts de recherche et d'essai neutres en Europe et au Japon avec contact bureaux dans plus de 60 pays dans le monde entier. Le catalogue de critères normalisés au niveau international pour la détection des substances nocives est régulièrement modifié et élargi. L'OEKO-TEX ® Standard 100 est un système indépendant d'essais et de certification pour les matières textiles, les intermédiaires et les produits finaux à tous les stades de la production. Exemples pour les éléments admissibles pour la certification : Raw et teints/fini les fils, les tissus bruts et teints/fini et tricots, articles prêts à l'emploi (tous types de vêtements, textiles domestiques et ménages, linge de lit, éléments de tissu éponge, jouets textile, etc.).

Domain: Business administration; Category: Business management

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