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What is Corporate Social Responsibility? - InnoTrain CSR

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and strategy). The research on the business case of sustainability and <strong>CSR</strong><br />

explores the correlations of corporate success and sustainable economic actions<br />

mainly in the following central areas:<br />

� R<strong>is</strong>k management (e.g. "License to operate")<br />

� Human resources management<br />

� Operative efficiency (especially energy and eco-efficiency)<br />

� Financial performance<br />

� Shareholder value<br />

� Marketing<br />

� Image and reputation<br />

Exerc<strong>is</strong>e (2.6. Group d<strong>is</strong>cussion of the business case)<br />

D<strong>is</strong>cuss the business case of <strong>CSR</strong> with the group, using an example movie from th<strong>is</strong><br />

compendium:<br />

� <strong>What</strong> makes the <strong>CSR</strong> solution of the company a prom<strong>is</strong>ing business case?<br />

� <strong>What</strong> economic benefits are expected for the company thanks to the <strong>CSR</strong><br />

solution and how do you assess these results?<br />

� Which financial and which non-financial consequences may ar<strong>is</strong>e for the<br />

company if A) it increases its <strong>CSR</strong> commitment or B) suspends its <strong>CSR</strong><br />

commitment?<br />

Additional information and resources<br />

Analys<strong>is</strong>: Business Case for Sustainability<br />

imug Beratungsgesellschaft für sozial-ökolog<strong>is</strong>che Innovationen mbH<br />

http://www.imug.de<br />

Nachhaltiges Wirtschaften aus Sicht des „Business Case of Sustainability“ (2005)<br />

Federal Min<strong>is</strong>try for the Environment of the Federal Republic of Germany<br />

http://www.bmu.de<br />

Interview in Hungarian with László Zsolnai (CEMS - Global Alliance for Management<br />

Education – Business Ethics Faculty Group)<br />

http://www.fn.hu/makro/20100922/profiton_tul_<strong>is</strong>_van/<br />

The project "<strong>InnoTrain</strong> <strong>CSR</strong>" <strong>is</strong> organized by GILDE GmbH and has been funded with support from the European Comm<strong>is</strong>sion. Th<strong>is</strong> publication reflects the<br />

views only of the author, and the Comm<strong>is</strong>sion cannot be held responsible for any use which may be made of the information contained therein. 12/2010<br />

,<br />

<strong>InnoTrain</strong> <strong>CSR</strong><br />

www.csr-training.eu

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