At the present stage of social and economic development in the world and the countries with various specifics, it is necessary for Organizations (not exclusively from commercial sector), to consider social and ecological consequences of impact by business activity on their own personnel, consumers, markets, and territories where this or that activity is carried out. This process represents corporate stability and responsibility which provides coherence of interests, coordination of efforts by various organizations, groups of population and power structures for the solution of certain social and environmental issues, achievement of a uniform position on the most important development directions. Every day business community takes more and more active part in permission of these problems. The last international administrations on CSR become justification of application of full-fledged policy of sustainable development of business.
Distribution of the CSR concept as a policy of sustainable development of organizations has caused the necessity to standardize this process, both on global, and on national levels.
This section briefly represents:
- Guidelines and CSR standards of global initiatives
- The ISO series of standards in the field of corporate stability and responsibility
- CSR standards of various countries
- Documents in the field of sustainable development and CSR in the countries of Central Asia
o Kyrgyz Republic
As a matter of fact, such standards and their recommendations have a voluntary nature. However, their studying and introduction have reasonable benefits for ensuring corporate sustainability. Beginning with strengthening corporate management practices in the field of risk minimization, high level of reputation and loyalty of interested parties, and finishing with investment advantages.
Standards bear both general and specific characteristics. They have management requirements for the questions in the fields of labor relations, environmental protection and green economy, prevention of corruption and human rights, development of territories, and other.
Note: This list doesn’t cover all standards. We try to be aware of all current processes and we would be grateful for the additional information.