3 Key Lessons on CSR from Swedish Companies

December 8, 2011 by  
Filed under Insights

One of the reasons for the success of corporate social responsibility (CSR) in Sweden is that big Swedish companies are taking responsibility, because they understand that they have to build trust among stakeholders if they wish to continue doing business in the long run, and they also see CSR as a business opportunity.

What can Singapore companies learn from the businesses in Sweden? The following 4 Swedish companies – Swedbank, ICA, Scania and SEK, provide some lessons on embracing and implementing CSR, including 3 key lessons:

  1. Understanding that CSR is a journey and not a destination
  2. CSR must be integrated into the business
  3. Follow international guidelines on CSR principles and reporting Read more