Corporate social responsibility
What is corporate social responsibility?
Corporate social responsibility (CSR) is concerned with the relationship between the corporate sector and society, and focuses particularly good corporate citizenship. The World Business Council for Sustainable Development defines it as:
"Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large."
Key questions for this area
If you are teaching or studying CSR, or are looking to add content to your unit, the following are some key questions that you should be able to answer and/or consider:
- What is the difference between Corporate Social Responsibility (CSR) and sustainability?
- Should organisations be involved in CSR?
- How can organisations implement CSR?
- What are the most important aspects of CSR for the contemporary organisation?
If you are interested in finding out more about this topic, check out our resources for inspiration.