10. Measurement of CSR

Question 1

Concept of triple bottom line

Answer 1

• economic prosperity
• environmental quality
• social capital

Question 2

Published standards of CSR

Answer 2

• Beijing Declaration
• CERES Principles
• Global Reporting Initiative
• Marine Stewardship Council
• OECD
• Principles for Responsible Investment
• Social Accountability 8000
• Wolfsberg Anti-Money Laundering Principles

Question 3

Types of CSR standards

Answer 3

• principle-based standards
• certification standards
• reporting standards
• process standards

Question 4

CSR & Corporate performance

Answer 4

• no strong correlation between financial performance and doing good for society
• however: customers and stakeholders value CSR

Question 5

Organizational Authenticity

Answer 5

• Consensus
• Consistency
• Distinctiveness