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Corporations engaged in sustainable development through the concept of Corporate Social Responsibility (CSR) are today in a decisive phase:
- Social, environmental and economic issues should be treated differently for each sector of activity. Identification of the strategic and relevant issues cannot be made from points of reference common to all corporations and should be based on dialogue and direct contact with the stakeholders.
- Corporations willing to have a successful sustainable development strategy in the long run should commit with their stakeholders to ensure credibility and permanence of their action.
For these two reasons, the company’s engagement with every stakeholder involved is essential.
- The internal stakeholders (employees and their representatives)
A good CSR approach, by introducing new themes, new participants and new tools, contributes to the stimulation and renewal of social dialogue, both at a local and international level. - The external stakeholders and NGOs in particular
Social dialogue offers the possibility for companies to ensure that their CSR strategy is well implemented overtime by reaffirming it with the external stakeholders and sharing it with all the employees.