corporate social responsibility (CSR)

Corporate social responsibility is an umbrella term used to describe voluntary corporate initiatives concerned with community development, the environment and human rights. 

Corporate social responsibility is an umbrella term used to describe voluntary corporate initiatives concerned with community development, the environment and human rights.

CSR policies and programs seek to benefit society while simultaneously improving a corporation’s public image and profitability. The term is often criticized for simply being a public relations buzzword.

See also: supply chain sustainability, ROI

This was first published in May 2011

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