Corporate Social Responsibility
Definition of Corporate Social Responsibility as it relates to Business, Business Planning, Business Development
Corporate Social Responsibility (CSR) refers to a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public. It is an approach that creates long-term benefits for both the business and society by integrating social, environmental, and economic concerns into strategic decision-making. CSR initiatives typically focus on ethical labor practices, philanthropy, volunteerism, environmental sustainability, and supply chain management. These efforts can enhance a company's reputation, strengthen stakeholder relationships, improve financial performance, and contribute to sustainable development.
External Links
- [CorporateSocialResponsibility.com] Corporate Social Responsibility - Corporate Social Responsibility | What is CSR and why does it matter?
- [CorporateSocialResponsibility.org] Corporate Social Responsibility (CSR) News | CSR.org
- [CorporateSocialResponsibility.us] Corporate Social Responsibility | Grav
- [Dig.com] Disney - Leadership, History, Corporate Social Responsibility
- [infosys.org] Infosys - Corporate Social Responsibility