Measuring, Reporting and Communicating CSR

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Flashcards focused on vocabulary terms related to CSR concepts, auditing, and evaluation.

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10 Terms

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Social Responsibility Accounting

A system to tabulate costs and benefits with social return.

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Triple Bottom Line Reporting

Economic, Ethical, and Environmental reporting framework.

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Reputational Risks

Risks relating to product and service quality, environmental impact, and crisis management.

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Stakeholders

Individuals or groups that have an interest in the company's performance and CSR activities.

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CSR Strategic

Becoming compliant with responsibilities while creating a strategic path for CSR.

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Credibility in CSR Reports

Information in reports that is believable and trustworthy.

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Social Indicators

Audit of the community to determine the efficacy of CSR initiatives.

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Sustainable Guidelines

Comprehensive evaluation criteria and performance indicators for CSR.

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Externally Verified Social Reports

Reports developed and verified by outside, independent organizations.

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Corporate Social Reporting

The practice of disclosing a company's social and environmental performance.