Corporate Citizenship


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Corporate Citizenship

A company's responsibility to its community and to the world as a whole. A company's corporate citizenship includes passive acts such as avoiding pollution or positive acts such as building a park near its factory. A company may engage in corporate citizenship for charitable or philanthropic reasons, but may also do so to protect its profits. That is, a company known for poor corporate citizenship is more likely to invite boycotts or to drive away potential customers. See also: Ethical investing.
References in periodicals archive ?
Colvin: The programs we have rolled out that are dedicated to social responsibility and corporate citizenship consistently get the biggest percentage of participation compared to others.
On a more positive note, the Boston College Center for Corporate Citizenship research study, 2009 State of Corporate Citizenship in the United States, reports that commitments to corporate citizenship continued despite the recession.
SAN FRANCISCO -- McKesson's goal is not only to increase awareness of the company's leading position in the pharmaceutical distribution industry, but also to emphasize its growing impact on informational services as well as its overall corporate citizenship.
Corporate citizenship, contractarianism and ethical theory; on philosophical foundations of business ethics.
The AICPA received the award for the various corporate citizenship efforts it initiated following the relocation.
"After years of promoting environmental excellence among businesses, it was a logical move to step into the wider area of corporate responsibility and corporate citizenship," said EEG chairperson and UN Global Compact board member Habiba Al Marashi.
In addition, Corporate Citizenship Excellence Awards were given to The Charmer Sunbelt Group in the wine and spirits category, and to three winners in the beer category: DBI Beverage, M.E.
SAP has a long-standing commitment to compliance and corporate citizenship. Our expertise and innovative solutions are contributing to this important global effort, helping customers across diverse industries embed environmental responsibility and sustainability into their business strategies to become best-practice global citizens."
It is the first report issued by The Center for Corporate Citizenship & Sustainability, just launched by The Conference Board, to help senior executives seize opportunities and avert risks stemming from corporate social responsibility issues.
Its mission is to help corporate executives lead their enterprises toward gaining market share and creating sustainable competitive advantage through better business practices and corporate citizenship.
About 46 percent of the executives indicated that corporate citizenship and sustainability are major sources of business opportunities; two-thirds said that corporate citizenship and sustainability issues are of growing importance for their business; ninety-two percent cited "enhancing corporate reputation and brand" as extremely important; and participants' choices of the three greatest challenges currently facing citizenship program were: measuring results (75%), coping with limited financial and staffing resources (58%), and aligning with business objectives (57%).
We recognize that Digicel has been a welcomed entrant in many Caribbean markets, quickly winning impressive market share through offering superior services and building an outstanding reputation of strong corporate citizenship."
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