Written by The first internationally approved standard providing guidelines on social responsibility – ISO 26000, was launched in 2010 by the International Organization for Standardization. Its objective is to contribute to sustainable development of businesses at global level encouraging socially responsible practices.
Providing guidelines rather than requirements, this ISO standard cannot be certified. However, it helps explaining what would be a socially responsible behavior defining 7 core subjects as well as it helps businesses translate indicated principles into effective actions. Users are encouraged to report these actions to stakeholders and get their feedback. This practice represents an important step forward for corporations which measure their success with obtained profit not taking into account impact they have either on society or environment. As well, it is an important step in the development of social responsibility initiatives led by business which is obviously more effective than policies imposed by governments.
Written by Ivana Letic