Corporate Social Responsibility (CSR) is a crucial component of sustainability management. It involves companies integrating societal aspects into their business practices and stakeholder interactions on a voluntary basis. CSR is based on the idea that companies have responsibilities beyond those to contractors and shareholders. Management is increasingly asked to satisfy non-market-related societal claims. The consideration of non-market stakeholders, such as neighbors, is a central aspect of CSR. CSR covers four dimensions of responsibility: economic, legal, ethical, and philanthropic. Ethical behavior supports companies in securing legitimacy, while philanthropic activities demonstrate that companies behave as 'good corporate citizens'. CSR is not just a European or American issue but also plays a major role in countries of the South, such as Brazil. This newsletter addresses the development of CSR in Brazil as an example of a newly industrialized country. The newsletter discusses various aspects of CSR, including its role in sustainable entrepreneurship, the importance of integrating social and environmental aspects into business strategies, and the challenges and opportunities of CSR in different contexts. CSR is an important part of corporate sustainability and means that companies are expected to integrate societal aspects into their business and interactions with stakeholders on a voluntary basis. CSR instruments have to be aligned strategically in a company. Among other things this implies that CSR activities have to be close to the core competencies of a company if CSR is supposed to really benefit the company. Some suggestions on how managers can systematically identify the impacts of environmental and social aspects on a company's success are presented in this newsletter. Furthermore, as many welfare state models in Europe are facing limits in covering crucial social issues, Non Profit Organisations and governments are increasingly interested in the CSR based support of companies to supply societal services. In turn, such alliances provide business actors increased access to decision making power within the political arena. The newsletter also discusses the role of CSR in sustainable entrepreneurship, the importance of integrating social and environmental aspects into business strategies, and the challenges and opportunities of CSR in different contexts. It highlights the importance of CSR in sustainable development and the need for companies to integrate social and environmental aspects into their business strategies. The newsletter also discusses the role of CSR in sustainable development and the need for companies to integrate social and environmental aspects into their business strategies.Corporate Social Responsibility (CSR) is a crucial component of sustainability management. It involves companies integrating societal aspects into their business practices and stakeholder interactions on a voluntary basis. CSR is based on the idea that companies have responsibilities beyond those to contractors and shareholders. Management is increasingly asked to satisfy non-market-related societal claims. The consideration of non-market stakeholders, such as neighbors, is a central aspect of CSR. CSR covers four dimensions of responsibility: economic, legal, ethical, and philanthropic. Ethical behavior supports companies in securing legitimacy, while philanthropic activities demonstrate that companies behave as 'good corporate citizens'. CSR is not just a European or American issue but also plays a major role in countries of the South, such as Brazil. This newsletter addresses the development of CSR in Brazil as an example of a newly industrialized country. The newsletter discusses various aspects of CSR, including its role in sustainable entrepreneurship, the importance of integrating social and environmental aspects into business strategies, and the challenges and opportunities of CSR in different contexts. CSR is an important part of corporate sustainability and means that companies are expected to integrate societal aspects into their business and interactions with stakeholders on a voluntary basis. CSR instruments have to be aligned strategically in a company. Among other things this implies that CSR activities have to be close to the core competencies of a company if CSR is supposed to really benefit the company. Some suggestions on how managers can systematically identify the impacts of environmental and social aspects on a company's success are presented in this newsletter. Furthermore, as many welfare state models in Europe are facing limits in covering crucial social issues, Non Profit Organisations and governments are increasingly interested in the CSR based support of companies to supply societal services. In turn, such alliances provide business actors increased access to decision making power within the political arena. The newsletter also discusses the role of CSR in sustainable entrepreneurship, the importance of integrating social and environmental aspects into business strategies, and the challenges and opportunities of CSR in different contexts. It highlights the importance of CSR in sustainable development and the need for companies to integrate social and environmental aspects into their business strategies. The newsletter also discusses the role of CSR in sustainable development and the need for companies to integrate social and environmental aspects into their business strategies.