Glossary beginning with C

Churn rate

A rate understood as the ratio of employee leaves to all employed, calculated according to the formula: number of persons who have left (in total and in a given category) divided by the total number of employees multiplied by 100. 

CLA

Collective Bargaining Agreement. It is an agreement between the employer and the trade unions, which defines, among others, such issues like the employer's obligations to employees and guaranteed employee rights.

Cogeneration

A technological process of the simultaneous generation of electricity and thermal energy in the heat and power plant.

CSR

Corporate Social Responsibility. The liability of the organization for the impact of its decisions and activities on the society and environment provided by a transparent and ethical behaviour that: -contributes to sustainable development, including society health and well-being, -takes into account expectations of stakeholders, -is in accordance with applicable law and consistent with international standards of conduct and -is integrated with the activities of the organization and followed by its relations.