Assessing the Corporate Social Responsibility in Moldova

This report examines the issue of Corporate Social Responsibility (CSR) in Moldova. It finds that development of CSR practices and CSR reporting in Moldova is at an early stage and is driven by a small number of medium to large foreign and domestic companies. CSR practice and reporting is restricted to several sectors and does not differ greatly from CSR in other countries in the region. Analysis shows that a number of historical, geographical and cultural factors influence the ways business is done in Moldova. The general economic and political transitions still weigh heavily on private companies. In the period of “wild business” of the 1990s, very few companies managed be socially responsible. But as the economic situation improves, more companies are trying to become more socially responsible. This study explains the current state of affairs and how the CSR movement in Moldova can be supported and by whom.