Corporate Social Responsibility in Finland

The desire for sustainable development (SD) and its implementation within business has emerged during the past decades calling for more effective production in response to human needs in the social, economic and environmental dimensions. Institutionalization of environmental management practices was the first phase of business responsibilities. The concept of corporate social responsibilities took place in the second phase of the responsible business debate. The ongoing third phase is turning the organizational inside-out perspective to an outside-in approach (i.e. the business contributes products and services to resolve pressing sustainability issues in its society).