TY - CHAP
T1 - Corporate Social Responsibility in Denmark
AU - Toft, Kristian Høyer
AU - Rendtorff, Jacob Dahl
PY - 2021
Y1 - 2021
N2 - Denmark presents a country with ambitious policies for corporate socialresponsibility (CSR). This is reflected by the fact that major Danish companies havepromoted the global CSR and sustainability agenda since the 1990s. The Scandina-vian countries in general have succeeded in earning a reputation as global sustain-ability front runners, and Denmark is part of that storyline. The general storyline isabout a transformation from limited understandings of CSR to more comprehensiveconceptions of sustainability that include.To show this development, the chapter provides a review of CSR in Denmarkspanning the last couple of decades with a purview to government initiatives, thesignificance of the industrial foundations, and the impact of the United NationsSustainable Development Goals (UN SDGs).First, two examples are presented of how the government has been activelyadvancing CSR, making it mandatory for larger businesses to report on theexpanding agenda on corporate sustainability, and by establishing‘The Mediationand Complaints-Handling Institution for Responsible Business Conduct’in 2012—this is the Danish national OECD contact point.Second, particular to the Danish business tradition are the Danish industrialfoundations. They can be argued to provide favorable conditions for CSR bymeans of corporate governance that includes the long-term interest and the commongood of society.Third, from the launch of the UN SDGs in 2015, the SDGs have been embracedacross all sectors, ranging from the state to major corporations and civil society. TheSDG agenda exemplifies a bottom-up governance approach that adjusts well to theDanish tradition for voluntary engagement in democratic decision-making of civil society. We foresee that the SDGs provide a call for new forms of leadership and management.
AB - Denmark presents a country with ambitious policies for corporate socialresponsibility (CSR). This is reflected by the fact that major Danish companies havepromoted the global CSR and sustainability agenda since the 1990s. The Scandina-vian countries in general have succeeded in earning a reputation as global sustain-ability front runners, and Denmark is part of that storyline. The general storyline isabout a transformation from limited understandings of CSR to more comprehensiveconceptions of sustainability that include.To show this development, the chapter provides a review of CSR in Denmarkspanning the last couple of decades with a purview to government initiatives, thesignificance of the industrial foundations, and the impact of the United NationsSustainable Development Goals (UN SDGs).First, two examples are presented of how the government has been activelyadvancing CSR, making it mandatory for larger businesses to report on theexpanding agenda on corporate sustainability, and by establishing‘The Mediationand Complaints-Handling Institution for Responsible Business Conduct’in 2012—this is the Danish national OECD contact point.Second, particular to the Danish business tradition are the Danish industrialfoundations. They can be argued to provide favorable conditions for CSR bymeans of corporate governance that includes the long-term interest and the commongood of society.Third, from the launch of the UN SDGs in 2015, the SDGs have been embracedacross all sectors, ranging from the state to major corporations and civil society. TheSDG agenda exemplifies a bottom-up governance approach that adjusts well to theDanish tradition for voluntary engagement in democratic decision-making of civil society. We foresee that the SDGs provide a call for new forms of leadership and management.
UR - https://www.springer.com/gp/book/9783030683856
U2 - 10.1007/978-3-030-68386-3_5
DO - 10.1007/978-3-030-68386-3_5
M3 - Book chapter
SN - 9783030683856
T3 - CSR, Sustainability, Ethics & Governance
SP - 79
EP - 97
BT - Current Global Practices of Corporate Social Responsibility
A2 - Idowu, Samuel O.
PB - Springer
CY - Cham
ER -