Creating Corporate Social Responsibility for the Nonprofit Sector
In the private sector, profit maximization has historically been the most important figure to measure success, yet in recent years there has been a nascent but powerful movement that also measures environmental and social implications. This approach to business has been popularized as “corporate social responsibility” (CSR) and is becoming more structured and legitimized with third party certifiers. Meanwhile the nonprofit, or plural sector, lacks a similar framework that allows donors to better understand business ethics.