July 2010 PFFC

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A New Twist on CSR

Legal Briefs As we discussed briefly last August, corporate social responsibility (CSR) is defined in many ways. Activists suggest corporations must not act only in the interests of shareholders but also consider their role in society and address the interests of other stakeholders, including employees, local communities, and society at large. Many businesses that embrace CSR believe it makes good business sense. Today, CSR initiatives cover a broad range of social issues from labor and human rights concerns to climate change. Such non-traditional business measures as voluntary greenhouse gas reductions, while potentially beneficial to society at ...

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