Corporate responsibility involves businesses acting ethically and contributing to social and environmental goals

04 May 2024 - Mithu Mondal Print Share

Introduction

Corporate responsibility involves businesses acting ethically and contributing to social and environmental goals.

Key Concepts

Main areas include environmental stewardship, community support, and ethical governance.

Current Trends

Corporate responsibility reporting and transparent business practices are increasingly important.

Best Practices

Developing CSR policies, engaging stakeholders, and addressing social issues are effective approaches.

Case Studies

Ben & Jerry’s and The Body Shop are known for their strong CSR initiatives and social activism.

Conclusion

Corporate responsibility builds trust and adds value for stakeholders and communities.