Corporate social responsibility (CSR) is still a new concept for the Eastern European companies and Russia.
Dr. Cees A.M. den Teuling and Orange Business Improvement have developed a broad training program targeted at larger companies and authorities. This program has been a success also among management students and post-graduates in Russia (Tatarstan region).
Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by delivering not only economic, but also social and environmental benefits for the parties involved. The concept covers many definitions and practices, with broad variety, depending on company and country.
As these countries continue to integrate into the global economy, they face increased pressure to adopt Western-style business practices, including CSR. However, the challenges and opportunities for CSR in Russia and Eastern Europe are different from those in Western countries. These regions face unique social, economic, and political challenges, such as corruption, weak institutions, and social inequality, that require specific approaches to CSR.
To address these challenges, companies and businesses in Russia and Eastern Europe need to develop CSR strategies that align with the local context and cultural values. This includes engaging with stakeholders, building partnerships with local organizations, and implementing sustainable practices that benefit both the company and the community.
Applying its wide-ranging experience in business culture in Russia and Eastern Europe, Orange Business Improvement offers great, “company- tailored” CRS trainings and seminars. They cover broad issues of working conditions, corporate governance, health and safety, environmental effects of doing business.