The Difference Between CSR and Sustainability (in a picture !)
1) Corporate Responsibility
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The understanding that (1) business is wholly dependent for its continuing success on people (society) and resources (environment) and (2) that business has a significant impact on society and environment. The appreciation therefore that the success of both is interdependent.
Based on an ethical principle that gives future generations the same rights as today’s population, sustainability can be applied to any activity and calls on us to test that meeting the needs of today does not compromise the needs of future generations. When applied to the activity of a company, this is one way of assessing corporate responsibility.
I’ve written more on this subject. Check out:
Ethics and CSR
Sustainability is Overrated