Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business Corporate social responsibility
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yakub02, post: 306308, member: 94426"] Corporate social responsibility (CSR) is a term for the responsibility that a company should have towards society and the environment in which it operates. CSR has been defined in various ways: It is ‘a concept whereby companies integrate social and environmental concerns in their business operations and their interaction with their stakeholders on a voluntary basis.’ ‘While there is no single, commonly-accepted definition of corporate social responsibility … it generally refers to business decision-making linked to ethical values, compliance with legal requirements, and respect for people, communities and the environment’ (Business for Social Responsibility). An important element of CSR is that it goes beyond compliance with legal and regulatory obligations, and involves voluntary initiatives and investment in people and the environment, and better relations with all stakeholders, not just shareholders and other investors. The practice of CSR increases the transparency and accountability of an organisation. Transparency is important as stakeholders want to know about an organisation’s activities. (They want to ‘see into’ an entity, to understand what it is doing and which strategic directions it is taking.) For example, if a local community believe that a company is dumping waste in the local area, then it will be important to understand what is actually happening. Likewise, the company needs to accept that it is accountable for its actions. Stakeholders believe that they have a right to know whether a company is acting in the best interests of society and the environment and wish to understand what the company is doing to remedy any faults. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business Corporate social responsibility
Top