Helsinki Citizens’ Assembly-Vanadzor

Corporate social responsibility is defined as a business factor concerning economic, social, and environmental issues related to a company. Its goal is to find such solutions to those issues that would be favorable for the company, society, and the state. Those solutions are also directly related to labor rights and conditions and are insomuch essential in the context of this document.

Corporate social responsibility is first of all aimed at ensuring a company’s sustainability and comprises two components:

1․ Reduction and, if possible, elimination of environmental and social-economic issues generated by the company’s activities. This implies reduction of the negative impact of the company’s activities on the environment and daily functioning of the population. 

2․ Development of solutions to issues that are not generated by the company, but are related to its activities and have an impact on them.

An example of a manifestation of a company’s corporate social responsibility is the provision of an inclusive and physically accessible environment, which helps not only to make their services accessible to persons with mobility problems, but also to engage them as employees.

More about Corporate social responsibility HERE.