{"id":430,"date":"2022-05-11T11:16:21","date_gmt":"2022-05-11T11:16:21","guid":{"rendered":"https:\/\/bizbergthemes.com\/fully-green-lite\/?page_id=430"},"modified":"2023-09-20T09:21:23","modified_gmt":"2023-09-20T09:21:23","slug":"about-us","status":"publish","type":"page","link":"https:\/\/www.lteconomy.it\/csr\/about-us\/","title":{"rendered":"About CSR"},"content":{"rendered":"\n<p><\/p>\n\n\n<p>CSR has no unique acceptation. In its historic meaning, CSR stands for <strong>Corporate Social Responsibility<\/strong>. It was born as Philanthropic activities carried on by big corporations. Over the years, it has evolved towards the wider meaning of <strong>Corporate Sustainability Reporting<\/strong> in order to include the environmental issues, as well as the Reporting Phase. In the European Union, we have the<strong> CSRD (Corporate Sustainability Reporting Directive)<\/strong> which is going to be mandatory for big companies by 2025 and enlist small companies by 2027.<\/p>\n<p><!--more--><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-654 size-full\" src=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1.png\" alt=\"\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1.png 4000w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1-300x169.png 300w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1-1024x576.png 1024w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1-768x432.png 768w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1-1536x864.png 1536w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR1-2048x1152.png 2048w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/><!--more--><\/p>\n<p>Although CSR and <strong>ESG (Environmental, Social, and Corporate Governance)<\/strong> are similar in meaning and in some ways they overlap, it is important to understand they are different things. The historic acceptation of CSR (Corporate Social Responsibility) is generally something voluntary and is about the behaviour of the company towards society in general. ESG is related to a company\u2019s behaviour that meets requirements in relation to sustainability performance and investment criteria. Corporate Sustainability Reporting (like CSRD) meets both CSR and ESG criteria thanks to standardized reporting activities.<!--more--><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-655 size-full\" src=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2.png\" alt=\"\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2.png 4000w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2-300x169.png 300w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2-1024x576.png 1024w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2-768x432.png 768w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2-1536x864.png 1536w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR2-2048x1152.png 2048w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/><!--more--><\/p>\n<p>Despite the different meanings of CSR, it is important to understand that a company, before meeting ethical and philanthropic expectations, must meet economic and legal expectations. These different levels of society&#8217;s expectations are well explained by the <strong>Pyramid of CSR<\/strong> by Archie B. Carrol.<!--more--><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-656 size-full\" src=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3.png\" alt=\"\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3.png 4000w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3-300x169.png 300w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3-1024x576.png 1024w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3-768x432.png 768w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3-1536x864.png 1536w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR3-2048x1152.png 2048w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/><!--more--><\/p>\n<p>We have made a well-detailed <strong>course<\/strong> through which you will have a clear understanding of CSR and all the related issues. You will understand the difference between Corporate Social Responsibility, Corporate Sustainability Reporting, and ESG (Environmental, Social and corporate Governance). You will find the <strong>different countries\u2019 approaches<\/strong> around the world, and a detailed description of the European Union approach (CSRD), as well as The Indian approach toward CSR. However, every country has its own approach towards CSR. Finally, there is a lot of material (including Business cases) that will allow you to include CSR in your <strong>business strategy<\/strong>, and make <strong>the best Reporting of your CSR<\/strong>.<!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-657 size-full\" src=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4.png\" alt=\"\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4.png 4000w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4-300x169.png 300w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4-1024x576.png 1024w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4-768x432.png 768w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4-1536x864.png 1536w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR4-2048x1152.png 2048w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-658 size-full\" src=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5.png\" alt=\"\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5.png 4000w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5-300x169.png 300w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5-1024x576.png 1024w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5-768x432.png 768w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5-1536x864.png 1536w, https:\/\/www.lteconomy.it\/csr\/wp-content\/uploads\/sites\/4\/2023\/09\/CSR5-2048x1152.png 2048w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CSR has no unique acceptation. In its historic meaning, CSR stands for Corporate Social Responsibility. It was born as Philanthropic activities carried on by big corporations. Over the years, it has evolved towards the wider meaning of Corporate Sustainability Reporting in order to include the environmental issues, as well as the Reporting Phase. In the European Union, we have the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":21,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>About CSR - Corporate Social Responsibility - Long Term Economy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lteconomy.it\/csr\/about-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"About CSR - Corporate Social Responsibility - Long Term Economy\" \/>\n<meta property=\"og:description\" content=\"CSR has no unique acceptation. In its historic meaning, CSR stands for Corporate Social Responsibility. 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