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Showing posts from June, 2015

What is corporate social responsibility?

Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. The four types of Corporate Social Responsibility are philanthropy, environment conservation, diversity and labor practices, and volunteerism. The main objectives of CSR are to provide a neutral and credible platform to all stakeholders engaged in CSR best practices for capturing relevant issues to foster sustainable growth. The objective of CSR Education is to provide research, training, practice, capacity building, standard setting, advocacy, rating, monitoring, recognition and related support in the field of CSR. The three main pillars of CSR are economic, environmental, and social. They are are informally referred to as people, planet and profits