What is Corporate Social Responsibility (CSR)

Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.

 By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental.

To engage in CSR means that, in the normal course of business, a company is operating in ways that enhance society and the environment.

Published Standards for CSR

In 2010, the International Organization for Standardization (ISO) released a set of voluntary standards meant to help companies implement corporate social responsibility.

Unlike other ISO standards, ISO 26000 provides guidance rather than requirements because the nature of CSR is more qualitative than quantitative, and its standards cannot be certified.

Instead, ISO 26000 clarifies what social responsibility is and helps organizations translate CSR principles into effective actions.

The standard is aimed at all types of organizations regardless of their activity, size, or location.

And, because many key stakeholders from around the world contributed to developing ISO 26000, this standard represents an international consensus.

Does Fanaka Real Estate involved in CSR activities

Fanaka Real Estate Ltd is a company which beliefs in giving back to the community. We are involved in various CSR activities like visiting children’sā€™ homes.

We have also been involved in planting trees to restore the natural environment and we hope to do more as our company continues to grow.

Our CSR include the following