Influence of European Union Policy to Corporate Social Responsibility

Abstract

Abstract Corporate Social Responsibility (CSR) presents tool for European Union that has interest in cooperation with its partners to enforce conception of common responsibility for state and function of whole society in all membership countries. According the conception, companies do not orientate their interest only to their economical goals, but they extend it with goals, orientated to the environmental and social aspects and according mentioned they improve their vision and strategy. Corporate social responsibility had become decisive tool in area of business, as well as public policy in countries of EU that support it by its strategic documents. At the end of 20th century in EU several important initiatives raised, with goal to support extension of CSR as natural business standard. Contribution allocates influence of EU policy to support of CSR, presenting by strategy and action plans that are obligatory also for Slovakia, with aim to contribute to the sustainable development of whole society. Challenge to the future for Slovak companies is mainly to work with factors that limit realization of EU vision in area of CSR.