How is CSR Reflected in Legislation and Standards?

The video discusses corporate social responsibility (CSR) and the standards organizations can adopt to demonstrate their CSR credentials. It covers legislative frameworks across different jurisdictions, highlighting key elements like employment protection and environmental legislation. The video also explores motivations for voluntary CSR, such as marketing benefits and philanthropy. It introduces four CSR standards and accreditations: SASB, B Corp, ISEAL, and ISO 26000, explaining their roles in guiding and accrediting CSR efforts. The conclusion emphasizes the importance of both compliance and voluntary adherence to CSR standards.

Which of the following is NOT typically included in CSR-related legislation?

• Employment protection

• Consumer protection

• Environmental protection

• Product marketing

Why do some multinational organizations choose to comply with the highest CSR standards?

• To avoid paying taxes

• To ensure consistency across jurisdictions

• To align with the lowest common standards

• To reduce operational costs

What is a common reason for companies to adopt CSR practices beyond legal requirements?

• To limit product availability

• To increase product prices

• To gain marketing or reputational benefits

• To reduce employee wages

Which CSR standard provides a framework for reporting on the financial impact of sustainability efforts?

• B Labs B Corp Certification

• Sustainability Accounting Standards Board

• ISO 26,000

• ISEAL Code Compliance

What is the primary goal of B Labs B Corp Certification?

• To certify environmental compliance

• To standardize product quality

• To provide tax benefits to corporations

• To transform the global economy for the benefit of people and the planet

Which CSR standard is known for providing voluntary guidance rather than certifiable requirements?

• B Labs B Corp Certification

• Sustainability Accounting Standards Board

• ISEAL Code Compliance

• ISO 26,000

What does ISEAL Code Compliance offer to companies?

• A tax reduction

• A reputable Seal of Approval for sustainability claims

• A marketing strategy

• A financial audit