The fetish of corporate social responsibility

By Chrystia Freeland
November 17, 2010

Back in September Chrystia appeared on a panel for public-interest communications firm Fenton that addressed the state of corporate social responsibility in business today. She elaborated on her August op-ed in the Washington Post that argued that CSR is a “a fetish encouraged by the philanthropies that feed off it and funded by the corporate executives who have found that it serves their bottom line.” Check out the highlights.

You can watch the entire panel here.

Posted by Peter Rudegeair.

One comment

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Ironically, Corporate Social Responsibility is exactly what Chrystia is explaining that BP should have been doing in the first place.

Issues such as worker safety, mitigating environmental disasters and engendering the good will of consumers and stakeholders is good business and good CSR. The actual problem that Chrystia should be talking about, is the fact that BP was not, in fact, practicing CSR at all. Rather, they were practicing false marketing. Saying you’re doing CSR is not actually CSR. This is where Chrystia seems to be confused. She equates CSR with philanthropy meant to distract us all from what’s happening behind the curtain.

We wrote a bit more about her article here: http://bit.ly/bnCHfO

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