Friday, May 25, 2007

The Jakarta Post - Law regulating CSR needed: Officials

The Jakarta Post - Law regulating CSR needed: Officials: "Law regulating CSR needed: Officials

Ridwan Max Sijabat, The Jakarta Post, Jakarta

Corporate social responsibility (CSR) needs to be regulated by a separate law to guarantee it is mutually beneficial for corporations and local communities alike, senior politicians say.

Social Services Minister Bachtiar Chamsyah said CSR should be perceived as a compulsory scheme because it is not only charitable and philanthropic, but also, and importantly, a long-term investment to ensure the survival and sustainability of corporations."

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