Is Corporate Social Responsibility a movement?
Yes. This is a very wide spread movement, and it is wide spread for three reasons: first, 2,500 companies around the world, including many of the largest multinational corporations have voluntarily decided to start creating corporate social responsibility reports that look at their behavior and articulate the types of commitments they are willing to make in this area. Second, beyond voluntary participation, you also have many companies who have been forced into becoming more transparent and responsible whether they like it or not. Today, The Association of British Insurers, the largest insurance company in Britain, requires every company that it insures to make disclosures with regard to environmental risks, human rights risks, risks in relationship with community organizations and so on, because this insurance carrier sees these areas as business risk that they as insurers need to understand before deciding whether or not they will continue to provide insurance to those companies. Tho