DefinitionConcept where companies must actively pursue issues concerning the environment and other social issues, such as: Corporate ethics Compliance to laws and regulations Labor issues Environmental protection Human rights Consumer protection

A. Increased scrutiny because of: Corporate scandals Quality control issues Leakage of personal information Corporate mismanagement

B. Globalization of companiesC. Growth of information technology Information can be conveyed instantaneously Corporate action will be condemned by NGOs

This standard offers guidelines on socially responsible behaviors and possible actions.

Japanese corporations must respect these standards

CSR involves the entire supply-chain of the world, e.g., distributors and vendors.

CSR provisions must be included in all transactions.

Theme of CSR must involve all the stakeholders in the company.

TASKYou and your group are the leaders of a large

corporation and have been called upon to change your companies focus to one of social responsibility.

Develop a Mission Statement that describes your companies goals.

Statements must include at least three specific goals related to social responsibility.Be prepared to present your Mission Statements to the class.