
Received May 01, 2021 / Approved October, 10 2022 Pages: 73-80
eISSN: 2600-5743
Centro Sur Vol. 7 No. 1- January - March
on the environment, adopting a positive attitude towards the
consideration of the values and expectations of the same.
According to Guedez (2006:75), CSR is defined as "the capacity to be
accountable for what one does or does not do, as well as the
corresponding consequences of what was or was not done. It is
equivalent to being accountable to others or being accountable for
oneself; it means being accountable for everything, to everyone, all the
time and everywhere". Thus, the implementation of CSR requires a
social balance sheet with three stages: political, technical and the
integration of social objectives. The social balance sheet is a reference
point for determining the extent to which institutions have achieved
this responsibility (Reyes, 2006: 134).
According to Belmartino and Bloch (2002), CSR includes the adoption
of criteria in business management, such as the formalization of
policies and management systems in the economic, social and
environmental spheres; transparency of information on the results
achieved in these areas; and, finally, external scrutiny of these results.
CSR thus merits including strategies that promote sustainable
production, investment and socially responsible consumption, among
others. In this context, CSR includes the adoption of social criteria in
business management, and implies the formalization of policies and
management indicators in the economic, social, health and
environmental spheres, which makes information transparency, co-
responsibility, knowledge building and its application complex.
Materials and Methods
Organizations also exercise their social responsibility when they meet
the expectations of different stakeholders (employees, partners,
customers, local communities, the environment, shareholders,
suppliers) regarding their behavior, contributing to socially and
environmentally sustainable and economically viable development.
Within this framework of ideas, social responsibility is understood as
the practice of an organization with respect to third parties. In other
words, it refers to the way in which the company or organization
relates to and impacts society through its practices, and the influence
that society and the expectations of social actors have on it.
Therefore, companies need to go beyond simple compliance with the
law or legal provisions and must create initiatives to improve all the