The Business of CSR
The term corporate social responsibility - or CSR - has generated a lot of buzz in recent years. Many people in Hong Kong would associate it with the charitable and philanthropic acts of businesses. Practitioners say it goes further than that, and covers sustainability and engagement with workers, consumers and the community. But perhaps fewer people are aware of the criticisms that CSR is little more than corporate whitewashing and spin. Varsity looks at the arguments.
