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Corporate Responsibility and Sustainable Development

  • Paolo Ricotti


    (Planet Life Economy Foundation, President)

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    Corporate responsibility marks a historical turnaround in corporate culture because it attributes to it a role in which many costs externalised by the company to society and to the planet, but in fact produced directly or indirectly by it. A correct cultural approach and greater familiarity, particularly with the issues of manufacturing processes and products that have no impact on the environment, can make companies truly responsible and conscious of their role. Corporate Responsibility differs from Corporate Social Responsibility. The former represents the corporate 'system' (capital, human resources, suppliers, processes, products, communication, customers, etc.), while the latter refers to the 'system' of stakeholders (the community, institutions, associations, etc.).

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    File Function: First version, 2003
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    Article provided by University of Milano-Bicocca in its journal Symphonya. Emerging Issues in Management.

    Volume (Year): (2003)
    Issue (Month): 1 Corporate Responsibility & Market-Space Competition ()

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    Handle: RePEc:sym:journl:43:y:2003:i:1
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