Corporate Socioal Responsibility

Corporate Social Responsibility (also known as CSR) is a commitment to improving community well-being through of its operations responsibly and in line with public expectations. These efforts can range from donating money to nonprofits to implementing environmentally-friendly policies in the workplace.

Corporate Social Responsibility (CSR) is the sense of obligation on the part of companies to build certain social criteria and manage the business activities by taking strategic decisions. This is sometimes mentioned as a ‘triple bottom line’ approach that considers the economic, social and environmental aspects of corporate activity.

For an organization to be socially responsible, it first has to be accountable to itself and its shareholders. Often, companies that adopt CSR programs have grown their business to the purpose where they will repay to society

CSR activities may include:

  • Company policies that enforce working with partners who follow ethical business practices
  • Reinvesting profits in health and safety or environmental programs
  • Supporting charitable organizations within the communities where a corporation operates
  • Treating Men and Women equally

Corporate social responsibility is traditionally broken into four categories:

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