Corporate social responsibility—CSR—regulatory requirements


Published by a UUÂãÁÄÖ±²¥ Practice Management expert
Practice notes

Corporate social responsibility—CSR—regulatory requirements


Published by a UUÂãÁÄÖ±²¥ Practice Management expert

Practice notes
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This Practice Note considers regulatory requirements relating to corporate social responsibility (csr).

For information about CSR strategies and formulating a CSR policy, see Practice Note: How to formulate your organisation's approach to corporate social responsibility—CSR.

Although there is no single piece of CSR legislation setting out specific obligations for businesses, there is a vast array of legislation relating to equality and diversity (E&D)—see section: Equality Act 2010. These are all key ingredients of CSR. You should also consider any regulatory or practice standard/accreditation requirements around CSR.

SRA requirements

There is no SRA requirement for a law firm to have any form of CSR strategy or policy. However, firms may find that having a clear CSR policy can help them focus their business processes to produce an overall positive impact for clients.

CSR has many links with E&D and firms should keep in mind their regulatory obligations relating to E&D.

Equality Act 2010

The Equality Act 2010 (EqA 2010) makes it illegal to discriminate against people with a disability or because of their age. This could include,

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Corporate social responsibility definition
What does Corporate social responsibility mean?

An aspect of governance'>corporate governance (and shareholder stewardship) whereby an organisation aims to create a positive impact through its commercial activities on its environment, consumers, employees, and other stakeholders. Also known as corporate responsibility or corporate citizenship.

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