CSR –  Corporate Social Responsibility

A business’s choice of commercial strategy for the integration of social responsibility into its core competencies can be pivotal to its reputation.

Corporate Social Responsibility (CSR) – incorporates fundamental elements such as human rights, environmental responsibility, anti-corruption and labour standards into a business's overall strategy and activities.

CSR can result in the following advantages

• committed employees
• an influx of new customers and improved loyalty
• innovation
• better products and increased revenue.

A step ahead

New Danish legislation requires that from 1 January 2009, major Danish businesses must detail CSR efforts in their annual reports.  Primarily based on the Danish government's CSR Action Plan put together in May 2008, the legislation recommends that businesses adopt the internationally recognised framework known as the United Nations Global Compact initiative. Specifically, businesses are encouraged to adopt the Global Compact’s ten principles of social responsibility.

As a full-service law firm, Kromann Reumert has specialists who are able to advise on CSR matters, as well as related fields such as risk management and corporate governance. Our expertise includes interpreting and applying the law in relation to practical and business-specific issues.

We can help your business move ahead of the competition with a comprehensive, proactive strategy that not only complies with the relevant legislation, including international conventions, codes and ethical guidelines, but also maximises commercial opportunities.

We provide advice on

• anti-corruption
• whistleblower hotlines
• energy, climate and the environment
• contractual challenges
• procurement law and public contracts
• labour standards and employment rights
• as well as many other CSR-related aspects.