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Corporate responsibility: Still a foreign concept
Israel lags far behind other Western countries when it comes to local businesses fostering philosophies of social responsibility, and reporting civil activities - according to global standards - is extremely scarce, a survey conducted by private consultancy firm Arkada reported Wednesday. The report came one day ahead of the second Israeli Conference on Corporate Social Responsibility (CSR)...[T]o date, only two corporations - Bank Leumi and Intel's local operation - had published corporate social responsibility reports in the past two years based on the Global Reporting Initiative (GRI) standard...