CSR Middle East, CSR dedicated platform with 3.475 corporate members in the Middle East.
The Corporate Sector around the world is struggling with a new role, which is to meet the needs of the present generation without compromising the ability of the next generation. Businesses now have to take responsibility for the ways their operations impact society and the natural environment. The Corporate Sector must now focus its attention on achieving the 'triple bottom line'- people, planet and profit.
now trying to ensure that economic growth is socially and environmentally
sustainable The importance of businesses in improving the quality of life is well recognized. However, there is growing awareness that in an increasingly complex world, businesses also have significant and long-lasting impacts on people, our planet and our ability to sustain the levels of holistic development that we all aspire to.
This realization has also brought an increasing concern amongst all stakeholders, who are demanding that businesses of all types and sizes need to function with fairness and responsibility. Specifically, this calls for businesses being thoroughly aware and conscious of their social, environmental and economic responsibilities, and balance these different considerations in an ethical manner.
When businesses are supported by appropriate Government policy regime that encourages systematic movement towards responsible thinking, decision-making, and a progressive movement towards sustainability, the trajectory of overall growth and development takes a positive turn. Such a responsible approach on part of the business duly supported by the Government alone would secure our future and ensure that wholesome benefits accrue to people, and our planet; even as businesses continue to make surpluses that can be re-invested for the growth of the economy.
All business are need to adopt CSR as a business model rather philanthropic activities like blood donation, eye check up , businesses emphasis must have to endeavour to become responsible actors in society, so that their every action leads to sustainable growth and economic development.
'Responsible Business' instead of Corporate Social Responsibility (CSR) as the term 'Responsible Business' encompasses the limited scope and understanding of the term CSR. Responsible businesses alone will be able to help in meet its ambitious goal of inclusive and sustainable all round development.