What is csr explain in detail

What is corporate social responsibility (CSR)? CSR includes bringing value to the community and generating a positive impact. Corporate Social Responsibility (CSR) is the idea that a company should play a positive role in the community and consider the environmental and social impact of business decisions.

What is CSR and its types?

The four main types of CSR are environmental responsibility, ethical responsibility, philanthropic responsibility and economic responsibility. However, companies can also consider different forms of CSR, such as diversity and inclusion, governance, well-being and employee engagement.

What is CSR explain its elements and importance?

Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment. CSR helps both improve various aspects of society as well as promote a positive brand image of companies.

Why CSR is important explain with an example?

CSR plays a crucial role in a company's brand perception; attractiveness to customers, employees, and investors; talent retention; and overall business success. A company can implement four types of CSR efforts: environmental initiatives, charity work, ethical labor practices and volunteer projects.