Question

What is corporate social responsibility? Can anyone give me some example or details about this?

Answer 1

Corporate Social Responsibility implies a concept, whereby companies decide voluntarily to contribute to a better society and a cleaner environment - a concept, whereby the companies integrate social and other useful concerns in their business operations for the betterment of its stakeholders and society in general in a voluntary way.

Corporate Social Responsibility also means conducting the business in an ethical manner to server the interests of the public. An improved social environment is always beneficial to a business. it Corporate Social Responsibility helps to correct the social problems created by business.

Examples of activities which can be considered as Corporate Social Responsibility

1. Eradicating extreme hunger and poverty
2. Promotion of Education
3. Promoting gender equality and empowering women
4. Ensuring environment sustainability
5. Social Business Projects