Corporate Sustainability and Responsibility (CSR) in the Age of Responsibility

Running head: CSR
CSR
Name of the Student:
Name of the University:
Author Note:

1CSR
Table of Contents
Answer 1:.........................................................................................................................................2
Answer 3:.........................................................................................................................................4
Answer 4:.........................................................................................................................................6
References:......................................................................................................................................8

2CSR
Answer 1:
According to Visser (2014), Age of Responsibility represents a deeper reflective state of
world, people and business that brings about a change in the lives of the people. It is also a
reflection of Wayne’s evolved relationship with the corporate sustainability and responsibility
since it helps in guiding the ways that led to the emergence of concepts for driving practices.
Although this has made a positive difference in the world but has failed in harnessing power of
capitalism into a force for the creation of a positive impact. Wayne Visser thus puts forward how
an older model of Corporate Sustainability and Responsibility (CSR) is gradually been replaced
by the movement of the second generation. The generation has moved beyond the outmoded
approach of the CSR representing public relations or philanthropy towards more interactive and
stakeholder driven model. The core message indicates that CSR has failed to bring about an
improvement in quality of economic, social and ecological life. For attaining success, CSR need
to get transformed into the new CSR 2.0. However, the key drivers of the age of responsibility
include scalability, creativity, glocality, responsiveness and circularity.
The reasons that are causing the companies in taking sustainability more seriously
includes:
1. Impacts of Climate Change and Environmental Degradation: The sustainability
issues identified by the World Economic Forum includes extreme weather, water and the
change of the climate as top most risk in the global business (Jabareen, 2013). Climate change
and environmental degradation have led to the creation of an unexpected risk in the corporate
value chains. Companies within the food sector remains quite vulnerable as product lines
remains threatened by the climate change. The environmental threats also had an interconnected