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How to develop Corporate Social Responsibility in Feasibilty Study

Today I got a new job from my BFS leader (Bankable Feasibility Study) in ferronickel project. He asked me to write some important points regarding Corporate Social Responsibility (CSR) aspect. It is pretty new for me, therefore I need to learn the principles first. I am very lucky because the leader gave me a really good example how to develop CSR. He gave me a handbook titled Social Responsibility in the Mining and Metals sectors in Developing Countries.

What is Corporate Social Rensponsibility?

The term “Corporate Social Responsibility” has been used since 1950, however its definition is not clearly defined. The publication in October 2010 of the International Organization for Standardization (ISO) Guidance on Social Responsibility (ISO 26000), furnished an internationally acknowledged definition.

Social responsibility is the responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior that:

  • contributes to sustainable development, including health and welfare of society
  • takes into account the expectations of stakeholders
  • is in compliance with applicable law and consistent with international norms of behavior
  • is integrated throughout the organization and practiced in its relationships Read More