dentify CSR as an umbrella term for a variety of
theories and practices that recognize the following:
1) companies have a responsibility for their impact on society and the
natural environment, sometimes beyond legal compliance and the liability of
individuals
2) companies have a responsibility for the behavior of others with
whom they do business (e.g., within supply chains)
3) business needs to manage its relationship with wider society, whether
for reasons of commercial viability or to add value to society