| Term | Definition |
|---|---|
| Corporate Social Responsibility |
Corporate Social Responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business and corporate social performance is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure their adherence to law, ethical standards, and international norms. Business would embrace responsibility for the impact of their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, business would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. Essentially, CSR is the deliberate inclusion of public interest into corporate decision-making, and the honoring of a triple bottom line: People, Planet, Profit. |
"The negative impact that the fashion industry has on the environment and human health has been felt worldwide. From using pesticides to grow cotton to using toxic dyes to colour leather, the industry affects our lakes and rivers, landfills and lives. The toxic chemicals used in the process of producing clothing has long been hidden from the public's eye. Environmental Defence is proud to be part of Fashion Takes Action's mission to address these serious issues. Finally, there is an organization that is tackling this important issue and pushing the fashion industry to become more sustainable."
- Dr. Rick Smith, Executive Director, Environmental Defence |