Corporate Social Responsibility

Corporate Social Responsibility (CSR) refers to a business model in which companies integrate social and environmental concerns into their operations and interactions with stakeholders. It’s based on the idea that businesses should not only focus on profit maximization but also consider their impact on society and the environment. CSR encompasses a wide range of practices, including ethical labor practices, charitable giving, sustainability efforts, and transparency in business operations. The goal of CSR is to create a positive contribution to society while also benefiting the company’s reputation and appeal to consumers. It reflects a commitment to responsible business practices that align with societal values and expectations.