{"id":17684,"date":"2026-03-30T18:04:25","date_gmt":"2026-03-30T16:04:25","guid":{"rendered":"https:\/\/spheriq.ch\/blog\/corporate-social-responsibility-definition\/"},"modified":"2026-06-30T15:18:19","modified_gmt":"2026-06-30T13:18:19","slug":"corporate-social-responsibility-definition","status":"publish","type":"post","link":"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/","title":{"rendered":"Corporate Social Responsibility (CSR): How to do corporate social responsibility right"},"content":{"rendered":"\n<p class=\"is-style-lead has-medium-font-size wp-block-paragraph\"><strong><strong><strong><strong><strong><strong><strong>Corporate Social Responsibility (CSR) describes the social responsibility of companies for the impact of their activities on society, the environment and the economy. More and more organizations see social responsibility not only as an ethical obligation, but also as a strategic success factor. In addition to certain measures and profitable CSR strategies, companies must also comply with legal requirements.  <\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n<div role=\"navigation\" aria-labelledby=\"sht-toc-title-1\" class=\"sht-toc wp-block-custom-table-of-contents\">\n\t<div class=\"sht-toc__title sht-toc__title--rich\" id=\"sht-toc-title-1\" role=\"heading\" aria-level=\"2\">\n\t\tInhaltsverzeichnis\t<\/div>\n\t\t<ol class=\"sht-toc__list\">\n\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-definition\">What is corporate social responsibility? A definition<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#soziale-verantwortung\">Corporate social responsibility<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-massnahmen\">Corporate social responsibility measures at a glance<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-beispiele\">Examples of corporate social responsibility in Switzerland<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-kritik\">Criticism of corporate social responsibility<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-nachhaltigkeit\">Sustainability report &#8211; mandatory in Switzerland?<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-strategie\">How to develop your CSR strategy<\/a>\n\t\t<\/li>\n\t\t\t\t\t<li class=\"sht-toc__item\">\n\t\t\t<a class=\"sht-toc__link\" href=\"#csr-fazit\">Conclusion: Showing responsibility and making an impact with CSR<\/a>\n\t\t<\/li>\n\t\t\t\t<\/ol>\n\t<\/div>\n\n<h2 id=\"csr-definition\" class=\"wp-block-heading\"><strong><strong><strong><strong><strong><strong><strong>What is corporate social responsibility? A definition <\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.598), 20px);\">Corporate Social Responsibility (CSR) refers to the responsibility of companies for the impact of their business activities on society and the environment. It is a contribution by companies to sustainable development by integrating social, environmental and economic aspects into their business activities. In other words, corporate social responsibility is a strategic approach in which companies consciously act in such a way that they make positive contributions to society and the environment while remaining responsible to their stakeholders.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">In practice, this means that companies make their decisions not only on the basis of key financial figures. They also take into account their impact on employees, the environment, customers, supply chains and local communities. This behavior should contribute to sustainable development, take into account the expectations of stakeholder groups and respect applicable laws and international standards.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">CSR covers a wide range of topics within a company, such as  <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Fair working conditions and occupational health and safety  <\/li>\n\n\n\n<li>Human Rights Along the Supply Chain<\/li>\n\n\n\n<li>Environmental and Climate Protection  <\/li>\n\n\n\n<li>Corruption Prevention<\/li>\n\n\n\n<li>Fair Competition and Consumer Protection  <\/li>\n\n\n\n<li>Transparency and Responsible Corporate Governance<\/li>\n<\/ul>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">There are now clear legal regulations that companies must comply with as part of CSR. An important point here is that CSR begins with compliance with these regulations, but often goes beyond this. Certain companies consciously take into account social expectations that are not mandatory by law, such as voluntary climate protection measures or initiatives for equality and diversity.    <\/p>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.598), 20px);\">For many organizations, CSR is therefore not just a single initiative, but a holistic approach to corporate management that combines long-term responsibility with economic success. Consistent implementation of CSR can not only address social problems, but also strengthen a company&#8217;s competitiveness, for example through greater credibility, stronger customer loyalty or more attractive jobs. <\/p>\n\n<h2 id=\"soziale-verantwortung\" class=\"wp-block-heading\"><strong><strong><strong><strong><strong><strong><strong><strong>Corporate social responsibility<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The term corporate social responsibility is often also referred to as corporate responsibility (CR), corporate sustainability, responsible corporate governance or corporate social responsibility. In Switzerland, too, this responsibility is increasingly understood as part of sustainable corporate management in order to make an important contribution to sustainable development and to overcoming social challenges.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Corporate social responsibility encompasses more than just individual projects. Many companies actively take measures to protect and promote employees, use environmental resources sustainably, ensure ethical standards along the supply chain or guarantee fair, transparent decision-making processes. Social responsibility is therefore an integral part of the corporate strategy and reflects the values according to which the company acts.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">A central component of corporate social responsibility is also the consideration of the interests of various stakeholder groups. These include:   <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Employees<\/li>\n\n\n\n<li>Shareholders<\/li>\n\n\n\n<li>Customers  <\/li>\n\n\n\n<li>Suppliers  <\/li>\n\n\n\n<li>local communities<\/li>\n\n\n\n<li><span style=\"font-family: -webkit-standard; font-size: medium; white-space: normal;\"> <\/span>Non-governmental organizations (NGOs)<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Companies therefore have to reconcile different expectations. While investors expect long-term stability, consumers place more value on sustainability or ethical production conditions, for example.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Especially in an export-oriented country like Switzerland, CSR also plays an important role internationally. Many Swiss companies operate globally and therefore have to take particular responsibility for their environmental standards, working conditions and supply chains.   <\/p>\n\n<h2 id=\"csr-massnahmen\" class=\"wp-block-heading\"><strong><strong><strong><strong><strong>Corporate social responsibility measures at a glance<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">CSR strategies consist of concrete measures with which companies implement their social, environmental and economic responsibility. CSR measures can bring economic benefits for companies. <a href=\"https:\/\/www.bcg.com\/publications\/2025\/valuation-boost-comes-with-green-growth?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Studies show<\/a> that sustainable companies are often viewed more positively by investors and have lower risks in the long term.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">These activities are often structured along the so-called ESG criteria: <strong>Environment<\/strong>, <strong>Social<\/strong>and <strong>Governance<\/strong>.<\/p>\n\n<h4 class=\"wp-block-heading has-medium-font-size\"><strong>Ecological responsibility<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Protecting the environment is a central component of many CSR strategies. Companies try to reduce their negative impact on the climate and resources.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Typical measures are<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Reduction of CO\u2082 Emissions<\/li>\n\n\n\n<li>Use of Renewable Energy<\/li>\n\n\n\n<li>Recycling and the Circular Economy  <\/li>\n\n\n\n<li>sustainable packaging<\/li>\n<\/ul>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Many companies are now also pursuing long-term climate targets such as net-zero emissions by 2050.<\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Social responsibility<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The second area concerns the relationship with employees, customers and society as a whole.<\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Typical CSR measures in the social area are, for example:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>fair wages and safe working conditions<\/li>\n\n\n\n<li>Promoting Diversity and Equality<\/li>\n\n\n\n<li>Training and Continuing Education Programs<\/li>\n\n\n\n<li>Involvement in Local Communities<\/li>\n\n\n\n<li>Support for Nonprofit Organizations<\/li>\n<\/ul>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Employee volunteering or corporate volunteering programs also fall into this area.<\/p>\n\n<h4 class=\"wp-block-heading\"><strong><strong>Governance and ethical corporate management<\/strong><\/strong> <\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The third area concerns the way in which a company is managed. Transparent and responsible governance should ensure that economic goals remain compatible with ethical principles. <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">These include:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>clear compliance guidelines<\/li>\n\n\n\n<li>Corruption Prevention<\/li>\n\n\n\n<li>transparent reporting<\/li>\n\n\n\n<li>independent oversight structures<\/li>\n\n\n\n<li>Responsible Supply Chains<\/li>\n<\/ul>\n\n<h2 id=\"csr-beispiele\" class=\"wp-block-heading\">Examples of corporate social responsibility in Switzerland<\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Many Swiss companies are already actively implementing corporate social responsibility. The following examples show that CSR has long since become part of modern corporate management in Switzerland, even if the specific approaches vary depending on the sector and size of the company. <\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Migros<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">As one of Switzerland&#8217;s best-known philanthropists, Gottlieb Duttweiler, the founder of Migros, laid the foundations for responsible entrepreneurship early on. Today, the retail group pursues a comprehensive sustainability strategy that combines social, ecological and economic aspects. Responsible corporate governance is an important part of the business strategy.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Migros is guided by the OECD Guidelines for Multinational Enterprises, among other things, and relies on a structured due diligence process. This duty of care serves to identify, avoid or reduce potential negative impacts of business activities, for example in supply chains, at an early stage.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Also relevant to Migros&#8217; CSR strategy is the so-called materiality analysis, in which the most important sustainability issues are identified. These include, for example, human rights, environmental impact, consumer protection and working conditions. The implementation of the strategy and measures is monitored by an internal sustainability controlling system and documented annually.  <\/p>\n\n<h4 class=\"wp-block-heading\"><strong><strong>Nestl\u00e9<\/strong><\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The Nestl\u00e9 food group has also been pursuing a CSR strategy for many years under the concept of &#8220;Creating Shared Value&#8221;. The company tries to combine economic success with social benefit. One focus is on sustainable agriculture and responsible supply chains.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Specific targets include reducing greenhouse gas emissions by 2030, expanding regenerative agriculture, responsible procurement of raw materials and promoting diversity within the company.  <\/p>\n\n<h4 class=\"wp-block-heading\"><strong><strong>Helvetia<\/strong><\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The Swiss insurance company Helvetia also integrates sustainability into its corporate strategy. CSR activities are divided into four strategic pillars: customers, employees, environment and society.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The long-term goals include the expansion of sustainable products, responsible investments and the transition to net zero emissions in accordance with the Paris Climate Agreement. Helvetia also aims to be a particularly attractive employer and to actively contribute to solving social challenges. <\/p>\n\n<h2 id=\"csr-kritik\" class=\"wp-block-heading\"><strong><strong><strong><strong><strong><strong><strong>Criticism of corporate social responsibility<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.598), 20px);\">Corporate Social Responsibility is increasingly caught between credible commitment and strategic image cultivation. The latter in particular means that CSR is regularly criticized despite its growing importance. One frequently cited accusation is greenwashing. This involves companies presenting individual sustainable initiatives to the outside world as particularly successful without fundamentally changing their business practices. Critics often see this as an attempt to build a positive image without assuming any real responsibility.      <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Another problem is that many CSR measures are voluntary. Without binding rules, there is a risk that companies will only implement those measures that are economically or reputationally attractive. Structural problems such as poor working conditions in global supply chains can often only be solved to a limited extent or not at all.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The measurability of CSR successes is also viewed critically in some cases. Although sustainability reports contain more and more key figures, many impacts (for example on society or biodiversity) are difficult to identify with concrete data. In addition, commercial organizations invest in CSR to varying degrees, which creates an uneven playing field.  <\/p>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.598), 20px);\">For these reasons, the regulatory embedding of sustainability is becoming increasingly important. More and more countries and international organizations are developing binding standards for sustainability reports, supply chains and environmental targets. CSR is therefore partly regulated by law, but beyond that it remains a voluntary commitment.  <\/p>\n\n<h2 id=\"csr-nachhaltigkeit\" class=\"wp-block-heading\">Sustainability report &#8211; mandatory in Switzerland?<\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">In Switzerland, reporting on sustainability and social responsibility has been partially regulated by law for several years. This is based on new provisions in the Swiss Code of Obligations (CO). Depending on the company, international provisions may also apply. Overall, it is clear that voluntary corporate social responsibility is developing into a regulatory standard for transparent corporate governance in many regions of the world.     <\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Reporting on non-financial matters<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Since 2023, certain Swiss companies have been legally obliged to prepare an annual report on non-financial matters. The Swiss Code of Obligations provides the legal framework for this. Art. 964b CO stipulates that companies must report on their strategies, material risks, measures and their effectiveness. These non-financial matters include  <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Environmental Issues<\/li>\n\n\n\n<li>Social and Labor Issues<\/li>\n\n\n\n<li>Human Rights<\/li>\n\n\n\n<li>Combating Corruption<\/li>\n<\/ul>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">These non-financial disclosures serve to provide transparency to the public and various stakeholder groups. They are also intended to create a better understanding of the company&#8217;s sustainability-related activities.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The reporting obligation is part of the indirect counter-proposal to the federal popular initiative &#8220;For responsible companies &#8211; to protect people and the environment&#8221;, which was voted on by the Swiss population in 2020. The initiative called for binding legal regulations that would oblige companies to comply with human rights and international environmental standards abroad, to carry out risk-based due diligence and to be liable in the event of violations. Although it achieved a popular majority in the referendum, it failed to achieve the required majority of the cantons. Instead, Parliament&#8217;s indirect counter-proposal came into force. This provides for transparency and reporting obligations as well as due diligence obligations, but dispenses with far-reaching liability provisions.      <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Large companies of public interest such as listed companies, banks or insurance companies are primarily affected by the reporting obligation. The prerequisite is that the company employs at least 500 people and has a balance sheet total of over CHF 20 million or a turnover of over CHF 40 million.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">These companies had to prepare a corresponding sustainability report for the first time for the 2023 financial year. This is due within six months of the end of the financial year, i.e. usually by the middle of the following year. Companies can publish the report either separately as a non-financial report or integrated into the management report, depending on their internal reporting strategy and legal interpretation.  <\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Content of the report<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">In addition, the report must cover the following aspects in accordance with Art. 964b CO:  <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Strategies and Concepts for Sustainability<\/li>\n\n\n\n<li>Significant risks related to environmental or social issues<\/li>\n\n\n\n<li>Risk Mitigation Measures<\/li>\n\n\n\n<li>Effectiveness of these measures<\/li>\n<\/ul>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">If a company does not pursue a corresponding concept, it must justify this. This principle is referred to as &#8220;comply or explain&#8221;. This means that companies are obliged either to implement the required measures or to explain transparently why they deviate from them and what alternatives they are taking. This ensures that stakeholders can understand how the company deals with sustainability issues, even if it does not implement all recommendations one-to-one.     <\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Due diligence obligations for child labor and conflict minerals<\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">In addition to the reporting obligation, the Swiss Code of Obligations also contains specific due diligence obligations in supply chains. Companies that import or process certain raw materials such as tin, tantalum, tungsten or gold from conflict areas must check their supply chains and minimize risks. Similar obligations apply in cases of suspected child labor.    <\/p>\n\n<h4 class=\"wp-block-heading\"><strong><strong>Influence of EU regulation<\/strong><\/strong><\/h4>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">European regulations are also increasingly influencing Swiss companies. The EU&#8217;s Corporate Sustainability Reporting Directive (CSRD) is particularly relevant. Swiss companies may be affected by this directive if they have large subsidiaries in the EU or generate significant sales within the EU. In such cases, a Swiss company may have to report in accordance with European sustainability standards. However, even if a company is not directly covered by the CSRD, it may be indirectly affected. Many European business partners now require sustainability data along the entire supply chain.     <\/p>\n\n<h2 id=\"csr-strategie\" class=\"wp-block-heading\"><strong>How to develop your CSR strategy<\/strong> <\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Social responsibility within a company does not just start with individual projects &#8211; it should be part of the core business from the very beginning. A successful CSR strategy can only be created if companies systematically analyze their responsibility and integrate it into all relevant business processes.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">The first step is to identify the company&#8217;s most important sustainability issues. This so-called materiality analysis examines which social, environmental and economic impacts are particularly relevant. In addition to internal perspectives (from employees and management), it is also worth including external expectations (from customers, investors, NPOs). Methods can include workshops, stakeholder interviews or sustainability rankings. This makes it clear which topics have the greatest influence on the company&#8217;s success and social impact.      <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Based on this, companies can define specific targets. Examples include CO\u2082 reduction targets, promoting diversity or sustainable procurement guidelines. It is important not to treat CSR as an isolated project. Goals can be formulated according to the SMART criteria: <strong>specific<\/strong>, <strong>measurable<\/strong>,<strong>achievable<\/strong>, <strong>relevant<\/strong>and <strong>time-bound<\/strong>. This makes it easier to monitor success later on.     Incidentally, successful strategies integrate sustainability into central business processes such as purchasing, production or HR policy, instead of just anchoring it in a separate CSR team.<\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Another decisive factor is transparency. Sustainability reports and ESG indicators enable companies to document progress and build trust among investors, employees and customers. Companies can draw on internationally recognized standards: GRI (Global Reporting Initiative) supports reporting on social, environmental and economic issues, while SASB (Sustainability Accounting Standards Board) focuses on financially relevant ESG aspects that are of particular interest to investors. Smaller companies can also use these standardized frameworks to make their reports comparable and comprehensible. Regular updates, KPI tracking and clear visualizations increase the impact.      <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Finally, cooperation also plays an important role. Many CSR initiatives are created in partnership with scientific institutions, non-profit organizations or other companies.networks and collaborations help to pool resources, develop innovative solutions and tackle social challenges more effectively together.   <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">By taking these steps towards a clear CSR strategy, companies are taking responsibility for society and the environment. At the same time, they benefit from a stronger brand and build more trusting relationships with stakeholders. This creates a sustainable balance between economic success and social responsibility.    <\/p>\n\n<h2 id=\"csr-fazit\" class=\"wp-block-heading\"><strong>Conclusion: Showing responsibility and making an impact with CSR<\/strong><\/h2>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Corporate social responsibility has long been more than just the voluntary commitment of individual companies. CSR combines economic success with social responsibility and is increasingly becoming a central component of modern corporate management. Companies that consistently implement their CSR strategy can not only improve their social impact in the long term, but also strengthen their reputation and competitiveness.    <\/p>\n\n<p class=\"has-medium-font-size wp-block-paragraph\">For companies, CSR not only opens up new possibilities for sustainable business, but also opportunities for credible social commitment. With Spheriq&#8217;s digital solutions, companies can efficiently implement their donation and sponsorship activities. Whether donation campaigns, sponsorship management or reporting: Spheriq supports you in implementing social responsibility visibly and strategically.    <\/p>\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-white-color has-primary-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/spheriq.ch\/loesungen\/fuer-corporates\/\" target=\"_blank\" rel=\"noreferrer noopener\">To the Spheriq solutions<\/a><\/div>\n<\/div>\n\n<div style=\"height:56px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-columns are-vertically-aligned-center has-secondary-background-color has-background is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-7387b849 wp-block-group-is-layout-flex\">\n<div style=\"height:94px;width:91px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-efddc3b2\"><\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"has-large-font-size wp-block-paragraph\" id=\"csr-faq\"><strong><br\/><strong><strong>FAQ: Corporate Social Responsibility<\/strong><\/strong><\/strong><\/p>\n\n\n\n<div data-wp-context=\"{ &quot;autoclose&quot;: false, &quot;accordionItems&quot;: [] }\" data-wp-interactive=\"core\/accordion\" role=\"group\" class=\"wp-block-accordion is-layout-flow wp-block-accordion-is-layout-flow\">\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-2&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-2-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-2\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>What does corporate social responsibility mean in simple terms?<\/strong><\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-2\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-2-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">Corporate social responsibility means that companies take responsibility for their impact on society and the environment. This includes, for example, fair working conditions, sustainable production and transparent business practices. The aim is to combine economic success with social and ecological responsibility.  <\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-3&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-3-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-3\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>Why is CSR important for companies?<\/strong><\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-3\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-3-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">CSR can strengthen the trust of customers, employees and investors. Companies with credible sustainability strategies often benefit from a better reputation, lower risks and higher employee motivation. Studies also show that sustainable companies can achieve long-term economic benefits.  <\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div data-wp-context=\"{ &quot;autoclose&quot;: false, &quot;accordionItems&quot;: [] }\" data-wp-interactive=\"core\/accordion\" role=\"group\" class=\"wp-block-accordion is-layout-flow wp-block-accordion-is-layout-flow\">\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-4&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-4-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-4\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>What types of CSR are there?<\/strong><\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-4\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-4-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">A distinction is often made between four types of CSR:<br\/><span style=\"font-family: -webkit-standard; font-size: medium; white-space: normal;\">&#8211; <\/span>Economic responsibility: profitable and sustainable business<br\/><span style=\"font-family: -webkit-standard; font-size: medium; white-space: normal;\">&#8211; <\/span>Legal responsibility: compliance with legal requirements<br\/><span style=\"caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); white-space: normal; font-size: medium;\">&#8211; <\/span>Ethical responsibility: moral principles that go beyond the law<br\/><span style=\"font-family: -webkit-standard; font-size: medium; white-space: normal;\">&#8211; <\/span>Philanthropic responsibility: voluntary social commitment<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div data-wp-context=\"{ &quot;autoclose&quot;: false, &quot;accordionItems&quot;: [] }\" data-wp-interactive=\"core\/accordion\" role=\"group\" class=\"wp-block-accordion is-layout-flow wp-block-accordion-is-layout-flow\">\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-5&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-5-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-5\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>What are the 7 pillars of CSR?<\/strong> <\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-5\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-5-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">The 7 pillars typically include: Human Rights, Working Conditions, Environment, Corruption Prevention, Consumer Protection, Fair Corporate Governance and Corporate Citizenship.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div data-wp-context=\"{ &quot;autoclose&quot;: false, &quot;accordionItems&quot;: [] }\" data-wp-interactive=\"core\/accordion\" role=\"group\" class=\"wp-block-accordion is-layout-flow wp-block-accordion-is-layout-flow\">\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-6&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-6-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-6\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>Is CSR required by law in Switzerland?<\/strong><\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-6\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-6-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">CSR itself is basically voluntary. However, certain large companies in Switzerland are required by the Swiss Code of Obligations to report on non-financial matters, such as the environment, human rights and anti-corruption. These sustainability reports have been mandatory since the 2023 financial year.  <\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div data-wp-context=\"{ &quot;autoclose&quot;: false, &quot;accordionItems&quot;: [] }\" data-wp-interactive=\"core\/accordion\" role=\"group\" class=\"wp-block-accordion is-layout-flow wp-block-accordion-is-layout-flow\">\n<div data-wp-class--is-open=\"state.isOpen\" data-wp-context=\"{ &quot;id&quot;: &quot;accordion-item-7&quot;, &quot;openByDefault&quot;: false }\" data-wp-init=\"callbacks.initAccordionItems\" data-wp-on-window--hashchange=\"callbacks.hashChange\" class=\"wp-block-accordion-item is-layout-flow wp-block-accordion-item-is-layout-flow\">\n<h3 class=\"wp-block-accordion-heading\"><button aria-expanded=\"false\" aria-controls=\"accordion-item-7-panel\" data-wp-bind--aria-expanded=\"state.isOpen\" data-wp-on--click=\"actions.toggle\" data-wp-on--keydown=\"actions.handleKeyDown\" id=\"accordion-item-7\" type=\"button\" class=\"wp-block-accordion-heading__toggle\"><span class=\"wp-block-accordion-heading__toggle-title\"><strong>What is the difference between CSR and ESG?<\/strong><\/span><span class=\"wp-block-accordion-heading__toggle-icon\" aria-hidden=\"true\">+<\/span><\/button><\/h3>\n\n\n\n<div inert aria-labelledby=\"accordion-item-7\" data-wp-bind--inert=\"!state.isOpen\" id=\"accordion-item-7-panel\" role=\"region\" class=\"wp-block-accordion-panel is-layout-flow wp-block-accordion-panel-is-layout-flow\">\n<p class=\"has-medium-font-size wp-block-paragraph\">CSR describes a company&#8217;s strategic approach to integrating social and environmental responsibility into its business activities. ESG, on the other hand, stands for measurable criteria<strong>(environment<\/strong>, <strong>social<\/strong>, <strong>governance<\/strong>), which are primarily used by investors to assess a company&#8217;s sustainability performance. <\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:94px;width:11px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-2fc37c9d\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"Corporate Social Responsibility (CSR) describes the social responsibility of companies for the impact of their activities on society, the environment and the economy. More and more organizations see social responsibility not only as an ethical obligation, but also as a strategic success factor. In addition to certain measures and profitable CSR strategies, companies must also&#8230;","protected":false},"author":49,"featured_media":17680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[600,1206],"tags":[1085,1212],"post_label":[],"class_list":["post-17684","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-funding-knowledge","category-public-good-entrepreneurship","tag-corporate-philanthropy-en","tag-foundation-management","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Corporate Social Responsibility (CSR): How to do corporate social responsibility right - Spheriq-Blog<\/title>\n<meta name=\"description\" content=\"Corporate Social Responsibility (CSR) describes how companies fulfill their social, environmental and economic responsibilities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Social Responsibility (CSR): How to do corporate social responsibility right - Spheriq-Blog\" \/>\n<meta property=\"og:description\" content=\"Corporate Social Responsibility (CSR) describes how companies fulfill their social, environmental and economic responsibilities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/\" \/>\n<meta property=\"og:site_name\" content=\"Spheriq-Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-30T16:04:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-30T13:18:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/spheriq.ch\/blog\/wp-content\/uploads\/2026\/03\/corporate-social-responsibility-defininition-header-spheriq.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Olivia Sch\u00e4r\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Olivia Sch\u00e4r\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/\"},\"author\":{\"name\":\"Olivia Sch\u00e4r\",\"@id\":\"https:\/\/spheriq.ch\/blog\/en\/#\/schema\/person\/c9c59c1a57bf7955576790d53309a5f5\"},\"headline\":\"Corporate Social Responsibility (CSR): How to do corporate social responsibility right\",\"datePublished\":\"2026-03-30T16:04:25+00:00\",\"dateModified\":\"2026-06-30T13:18:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/\"},\"wordCount\":2767,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/spheriq.ch\/blog\/en\/corporate-social-responsibility-definition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/spheriq.ch\/blog\/wp-content\/uploads\/2026\/03\/corporate-social-responsibility-defininition-header-spheriq.jpg\",\"keywords\":[\"Corporate Philanthropy\",\"Foundation Management\"],\"articleSection\":[\"Funding Knowledge\",\"Public Good &amp; 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