Commitment to Corporate Social Responsibility
1/4/2011
CEOSA IS COMMITTED TO CSR
The CEOSA Executive President, José María Arroyo, has signed a public commitment for the corporation in the field of Corporate Social Responsibility (CSR) by virtue of which, CEOSA promises to “continue working on the commitment to integrate corporate social responsibility principles into the Group’s everyday management”.
In the document, Arroyo also expresses the desire of CEOSA’s senior management for the basic principles of CSR to be recognised in all of its companies and to be integrated into their everyday practices. Arroyo concluded that ”this commitment will help the ONCE Business Corporation to continue creating value for society and to grow, as a large Organization should, whilst each and every one of its managers, employees, collaborators and different stakeholders can also do so”.
Global Compact
In parallel, CEOSA has become a signatory of the United Nations Global Compact, whereby it undertakes to fulfil the key principles in the areas of human rights, labour, environment and anti-corruption. The Corporation’s Senior Management wishes to highlight its clear commitment to “transparency in management, with our employees, clients, suppliers and shareholders, as well as with Society in general, so that we all contribute to improving and progressing on the path to sustainability through our actions”.
With the President’s commitment, CEOSA has already begun the preparation of a CSR Action Plan over the forthcoming years that will enable it to add value to job creation for disabled persons and the management of accessible services and products, considering all the dimensions of its activity (economic, human, social and environmental).
The Corporate Social Responsibility (CSR) concept refers to three elements:
• The need to extend the company’s traditional objectives to include other business objectives with a greater social component and medium term focus.
• The need for the company to adopt a proactive and even innovative attitude in its relations with society.
• The need to assume an ethical dimension in business activities, in order to justify its basic values and consequences.
In its Green Paper called Promoting a European framework for Corporate Social Responsibility (2001, 7), the Commission of the European Communities defines CSR as the “company’s integration of social and environmental concerns in its business activities and relations with its stakeholders on a voluntary basis”.