Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.
What is the main purpose of CSR?
The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their company.
What are the 4 types of CSR?
Read on to discover the four types of corporate social responsibility of business and how they look in action.
- #1: Environmental responsibility. ...
- #2: Ethical responsibility. ...
- #3: Philanthropic responsibility. ...
- #4: Economic responsibility. ...
- The benefits of CSR.
