Bìznes Inform (Jan 2018)
The Features of the Normative-Legal Provision of Socially Responsible Activity
Abstract
The article is aimed at researching the features of the normative-legal provision of socially responsible activity and providing recommendations for its improvement. As a result of the analysis of the world tendencies of standardization of socially responsible activity the scientific classification of standards has been suggested, which will allow to structure more effectively and use their information in the process of economic activity. The opinion is expressed that for a comprehensive assessment of socially responsible activity it is necessary to use several standards in combination, taking into consideration specifics of the activity of a particular enterprise. The most applied among them are: standards of social reporting series AA 1000, standard of social responsibility SA 8000, standard for reporting in the field of sustainable development GRI; Standard ISO 26000 «Guide to Social Responsibility». The author’s own definition of social responsibility has been formulated as an activity in which enterprise adheres to the principles of the social doing business, takes account first of all of the needs of stakeholders, has a positive impact on society, facilitates growth of reputation capital, reduces non-financial risks, which, as a result, contributes to maximizing profits for shareholders.
