Overview
Corporate Social Responsibility (CSR) is an essential aspect of modern business that focuses on integrating social and environmental concerns into corporate operations. It aims to create a positive impact on society while managing risks associated with business activities. By engaging stakeholders a...
Key Terms
Example: A company donating a portion of profits to local charities.
Example: Employees, customers, suppliers, and the community.
Example: Using renewable energy sources.
Example: Creating a plan to address potential environmental impacts.
Example: Paying fair wages to workers.
Example: Building schools or healthcare facilities.
Related Topics
Sustainable Business Practices
Explores how businesses can operate sustainably while remaining profitable.
intermediateBusiness Ethics
Focuses on moral principles that guide business behavior.
intermediateEnvironmental Economics
Studies the economic impacts of environmental policies and practices.
advancedKey Concepts
Stakeholder EngagementSustainabilityEthical PracticesRisk Mitigation