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Featured CSRwire Blog: Enough is Enough

Submitted by: CSRwire

Categories: Business Ethics, Corporate Social Responsibility

Posted: May 02, 2008 – 07:30 AM EST

 

Peter Kinder, President and cofounder of KLD, Research & Analytics, Inc., discusses how "CSR requires corporations to grapple openly with the nature and context of their actions and effects"

May 2, 2008 - Today, CSRwire features Peter Kinder, President and cofounder of Research & Analytics, Inc. (KLD). In his article, Enough is Enough, Kinder writes: "How much corporate social responsibility (CSR) is enough? How much CSR reporting is enough? These questions start from a mistaken notion of what the responsibility of corporations is. Former Shell director Sir Geoffrey Chandler once said of 'corporate social responsibility': 'I know of no phrase which has done more damage to constructive thought or caused greater confusion. It has encouraged the belief that a company's responsibility to society lies in voluntary philanthropic add-ons, rather than the application of principle to all its activities.' By Chandler's light, 'how much CSR' questions make no sense.

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About KLD: KLD Research & Analytics, Inc. is the leading authority on social research and indexes for institutional investors. Since 1988, institutional investors, managers, trustees, consultants and advisors have depended on the quality and expertise of KLD. Today, 31 of the top 50 institutional money managers worldwide use KLD’s research to integrate environmental, social and governance factors into their investment decisions. Featuring one of the largest independent corporate research staffs in the world, KLD provides performance benchmarks, corporate accountability research and consulting services analogous to those provided by financial research service firms. www.kld.com.

About CSRwire:

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