What is meant by Corporate Social Responsibility | Definition of CSR
Let’s unveil what’s the meaning of CSR: Corporate Social Responsibility for any business? Its Benefits, and a quick guide for any company to begin charity work.
Every corporate firm tends to make some of the other social activities. There are many companies in the world that does this. Like recently, Raymonds (Clothing company) asked people to donate old clothes and get free stitching.
Nevertheless, it all started back when the government imposed the CSR mandate rule for all private companies.
What is CSR – Corporate Social Responsibility?
There are many websites who defines CSR in their own way. Here’s some reference to popular websites.
As per Wikipedia, “Corporate social responsibility (CSR, also called corporate sustainability, sustainable business, corporate conscience, corporate citizenship, conscious capitalism, or responsible business) is a type of international private business self-regulation”.
As per fiinovation, “CSR is a concept that suggests that it is the responsibility of the corporations operating within society to contribute towards economic, social and environmental development that creates a positive impact on society at large.”
As per BigCommerce, “Corporate Social Responsibility (also known as CSR, corporate conscience, and corporate citizenship) is the integration of socially beneficial programs and practices into a corporation’s business model and culture”.
As per Investopedia, “Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental”.
CSR is always an important and easiest way to Tackle Social needs. Interested people can donate us now. Click to donate