Corporate Social Responsibility: A Roadmap for Georgia
Abstract
Today, more than ever, business companies are held accountable and judged for
their business practices. They are expected to work in ways that make a positive impact
on the environment and the society. Corporate social responsibility (CSR) is often
conceptualized as companies intentionally exceeding their primary responsibility of
making profit in order to support the common goal of creating secure, just, and
productive communities while protecting the environment.
Although CSR is widely practiced in Western countries, the concept is still
relatively new and emerging in Georgia, a country with a transitional economy and
democracy. Current CSR practices are less stable or efficient, but have a high potential
for development. Therefore, this project reviews the literature to identify some of the
most common trends of CSR in developed countries, describes successful examples and
practices, and proposes a roadmap - a model adapted to the current reality of Georgia.
The roadmap is a CSR plan with general activities that could be implemented on a
country level to ensure more efficient use of business, public, and government resources
for the benefit of the nation.