[Rafa Hacker]: The Beginnings of Corporate Social Responsibility

Maybe you, as well as many people who participate in the society, expect business to be carried out in an ethical and socially responsible way. Nowadays, different companies are recognizing the need to balance environmental, social, and governmental issues. And, even most of them have begun to implement practices in their day to day operations, demonstrating how Corporate Social Responsibility (CSR) should be a fundamental value. Today, we brought some information about this important topic through a brief journey into the beginnings of CSR for you to see how it started to evolved and changed according to the society’s’ needs.

[Rafa Hacker]: The Beginnings of Corporate Social Responsibility

[Rafa Hacker]: Responsible actors

In 1960, the Organization for Economic Cooperation and Development convention was created to promote policies with the intention to achieve sustainable economic growth and employment. Fifteen years later the “Impact and Benefit Agreements” between Canadian Aboriginal groups and extractive sector companies started. The aim was to create commitments by the company for employment, and training about projects constructed near Aboriginal communities.

The years continued to pass, and so did changes. The humanity started to need more, of course; five years later, in 1980, the International Union for Conservation of Nature created The World Conservation Strategy, which was an important move that had as a main objective to identify the main responsible actors of habitat destruction, which at that time, relied on four actors:

[Rafa Hacker]: The Beginnings of Corporate Social Responsibility

[Rafa Hacker]: CSR’s history

  • poverty,
  • population pressure,
  • social inequity, and
  • the terms of trade.

In 1993, the launch of the Whitehorse Mining Initiative took these initiatives to the signing of the WMI Leadership Council Accord in 1994 in order to achieve a sustainable mining industry within the framework of an evolving and sustainable Canadian society. Five years later, Canada, along with Natural Resources Canada, IDRC, and the leadership of IISD, organized a workshop in Peru. The event brought together 11 countries from Latin America and Canada in order to work towards a sustainable future in the region.

By [Rafa Hacker].