Corporate social responsibility

Although the original idea of "Corporate Social Responsibility" in Europe goes all the way back to the middle ages, it is only since the nineteen fifties that it became the object of scientific research in the United States. Due to  the fact that Europe had a longer tradition of social responsibility and a more developed social system,  it was only in 2001 that the European Union published a document with basic guidelines for Corporate social responsibilities of companies.

At the November meeting of the Deutsch-Rumänische Industrie- und Handelskammer in Bucharest,  Mr H. Eichler, Managing Partner at Mazars Hemmelrath pointed out the importance of Corporate Social Responsibility (CSR) for our societies in today´s world.

"CSR concerns us all because it reflects the key values of our society.  Still, it concerns companies more because it permits them to do business over long periods of time, but it mostly concerns all individuals who work with and for companies as it helps them create a more attractive and high-quality working environment.  Nevertheless, it also concerns company clients that ever oftener decide on making acquisitions in consideration of social and ecologic factors.  Likewise, CSR concerns the people nearby company's location, who are interested in having their values and thoughts shared by the neighbouring company.  It concerns investors and owners who consider that responsible entrepreneurial business should be stimulated. 

Last but not least, CSR concerns our children, the future generations just as the older, neglected, generations in countries like Romania, who wish to live in a world where human beings and nature are held in high regard."