While many, if not most, large companies in Indonesia are still struggling even just to comply with current laws, an increasing number of business leaders in developing and developed countries have been promoting the principles of corporate social responsibility (CSR).
CSR has many definitions. Some call it simply: socially responsible investing. Others promote the concept as good corporate governance. But the essence is the same -- it is no longer sufficient for companies to comply with the laws if they are really serious about sustainable development in the long term, which will contribute to poverty alleviation.
The basic tenets of the CSR concept are by and large similar to the nine principles in the areas of human rights, labor and environment, which the United Nations has been promoting through its Global Compact Initiative.
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