the economist, 2008 the social responsibility of business is to increase its profits. milton...

The Economist,

2008

The social responsibility of business is to increase its

profits.

Milton Friedman

Corporate social responsibility, once a do-gooding sideshow,

is now seen as mainstream. But as yet too few companies are

doing it well.

Why a White paper on CSR?Increase engagement and knowledge

Formulate expectations towards Norwegian companies

Clarify roles and responsibilities

Highlight challenges and dilemmas in developing countries

What is CSR?Integrating social and environmental concerns in business operationsVoluntary – beyond laws and regulationsHuman rights, decent work, environment and anti-corruption

Norwegian companies – among leading CSR actors in their sectors, but still face challenges

0

25%

100%

75%

50%

Survey of N

orwegian

Com

panies 2007 (S

ynova

te)

Of CEOs asked to mention CSR guidelines, tools and standards,78% do not know any…

Other companies need to get started

Letter to the embassies and consulates generalGet relevant information on the conditions in the country – a template is being developedInformation and meetingsDifferent roles in different countries

The role of the Foreign ServiceFocal point in Ministry of Foreign AffairsMeeting places – KOMPAKTInformation and advice

Photo: Gisle Nomme

Corruption – a challenge

csr@mfa.no