Develop a Working Definition of CSR

The first task of the leadership team is to develop a working definition of CSR for the
organization. This will become the foundation for the rest of the assessment.
Example: CSR is the way the company
integrates economic, environmental and social objectives while at the same
time, addressing stakeholder expectations and sustaining or enhancing
shareholder value.

The team may also wish to identify key values that motivate the organization, and particular
concerns it has and members of its supply chain have, such as inclusivity,
stewardship and integrity. These could be related to the environment,
workplace, community relations, human rights, customers, government relations,
bribery and corruption or corporate governance.

Engaging people at all levels of the organizations-from employees to managers and
members of the board of directors – from the very beginning in developing the
definition will ensure support and acceptance of the idea of integrating CSR as
a business strategy.