This article is part of the Center for Media & Democracy's spotlight on front groups and corporate spin.
In June 2004, the corporate right-wing funded activist Steven Milloy launched a new weblog, CSR Watch/SRI Watch from the CSR Watch.com domain name. (CSR is the acronym for Corporate Social Responsibility while SRI is the acronym for Socially Responsible Investing).
While the site states the Free Enterprise Education Institute publishes it, Milloy registered the domain name on May 9, 2004. (CSR Watch.com is not the same organisation as CSR Watch.org a site registered by the UK-based Spinwatch, which is dedicated to documenting corporate and government public relations strategies).
According to its website CSR Watch / SRI Watch views Corporate Social Responsibility and Socially Responsible Investing as an attempt by activists to "circumvent our democratic process by trying to implement their social agendas through businesses rather the public political process'.
"CSR distracts business from business. CSR activists and initiatives distract corporate managements from their traditional responsibility of operating businesses in the long-term best interests of investors. CSR can harm a company's ability to conduct business based on sound economics, sound science, and traditional business goals and practices," Milloy argues.
"At worst, CSR can be ploy for pulling the wool over everyone's eyes," wrote in a CSR Watch.com. 
Other SourceWatch resources
- Steven Milloy, "Fannie Mae's Problems Expose 'Corporate Social Responsibility' as a Smokescreen: CSRWatch.com Launched to Spotlight Anti-Business Movement", Media Release, October 5, 2004.