What is CSR in professional Ethics

Corporate Social Responsibility is the current terminology for defining the role of business in the well-being of society. Often this is referred to as the "tripple bottom line" - People, Planet and Profit.

What is the best definition of CSR?

What is Corporate Social Responsibility (CSR)? The concept of Corporate Social Responsibility (CSR) is generally understood to mean that corporations have a degree of responsibility not only for the economic consequences of their activities, but also for the social and environmental implications.

What is CSR explain with example?

Corporate social responsibility (CSR) is a business model in which for-profit companies seek ways to create social and environmental benefits while pursuing organizational goals, like revenue growth and maximizing shareholder value.

What is CSR and its purpose?

What is the purpose of corporate social responsibility? The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their company.

What are the 3 types of CSR?

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.