41-2 National Action Plan for Corporate Social Responsibility

Summary

The government developed the National Action Plan (NAP) to promote, in a coordinated manner, the concept of Corporate Social Responsibility (CSR) in Cyprus, to encourage responsible entrepreneurship and to motivate companies to take into account the impact of their activities on society. The main objective is to increase the number of Cypriot enterprises engaged in CSR and raise awareness that CSR does not concern only large enterprises – the goal is to make obvious that even the smallest companies can take actions that promote responsible entrepreneurship, limiting the negative impact on society, achieving a balance between profitability and sustainable growth.

Thumbnail image for The government developed the National Action Plan (NAP) to promote, in a coordinated manner, the concept of Corporate Social Responsibility (CSR) in Cyprus, to encourage responsible entrepreneurship and to motivate companies to take into account the impact of their activities on society. The main objective is to increase the number of Cypriot enterprises engaged in CSR and raise awareness that CSR does not concern only large enterprises – the goal is to make obvious that even the smallest companies can take actions that promote responsible entrepreneurship, limiting the negative impact on society, achieving a balance between profitability and sustainable growth.

Issuer

Cyprus

Year

2013

Region

Europe

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Other

Main industries targeted

Education
Finance & Insurance
Public administration
Manufacturing

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 3: Good Health and Well-being
SDG 4: Quality Education
SDG 8: Decent Work and Economic Growth
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 12: Responsible Consumption and Production
SDG 15: Life on Land
SDG 16: Peace, Justice, and Strong Institutions
SDG 17: Partnerships for the Goals