essay questions on corporate social responsibility

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Good Corporate Social Responsibility (CSR) Essay Questions Essay Example

Type of paper: Essay

Topic: CSR , Business , Environment , Sociology , Company , Strategy , People , Strategies

Words: 1900

Published: 10/26/2020

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Discuss the challenges related to being a socially responsible business, and suggest ways these challenges can be overcome.

Corporate Social Responsibility especially concerning social welfare and the environment are important engagements for businesses. They improve the livelihoods of people especially in the target markets while empowering those people to support the business by acquiring more purchasing powers. However, some challenges stand in the way of the establishment of socially responsible businesses. These challenges include lack of uniform support from a business’s executives as well as the junior employees. When only a few people and not the entire business personnel support a given social responsibility issue, the projects suffer divided attention, denial of critical resources such as time, money and labour which hamper the achievement of the project’s goals. The solution to this challenge is for the business executives to involve its entire team in the conceptualization and development of the project. Although only a small team is involved directly, it is imperative that all other departments support the CSR projects. The CSR’s goals can be added to the personal objectives of all the employees and management. The second challenge is getting the team that is directly involved in the project to own it and implement it without relying overly on senior management. To overcome this challenge CSR projects need to be led by individuals who are passionate, talented or have a positive history with the project. These people can act as team leaders and inspire others to achieve the CSR goals. The third challenge is the cost of the CSR projects, which are usually high. Businesses are set up to make money and the diversion of the profits to CSR may hamper the business’s growth. In order to ensure sufficient funding of CSR projects without hampering growth, the business can set short-term targets within which the CSR projects are seen as investments into communities after which the business should begin realizing increased profitability due to customer loyalty. Moreover, the business can partner and source for funds from Non Governmental Organizations such as World Vision, Red Cross, USAID among others to share the cost implications of CSR projects while benefiting from skilled labour and therefore achieving better results. For instance, a business involved in the manufacture of pharmaceuticals can offer free drugs for a disease prevalent in a certain area, say malaria in Sub-Saharan Africa. When such a business teams up with the Red Cross, they can benefit from additional funding and labour. There is the challenge of monitoring and quantifying CSR involvements. Many CSR activities affect societies at the micro-level. For instance, the distribution of free mosquito nets to prevent malaria is an intensive project whose factual deliverables are at the micro-level where it is difficult to quantify results. In order to overcome this challenge, the business ought to engage a skilled consultant to help them follow paths that yield tangible impacts. The business should also pursue a realistic plan of action detailing how objectives are to be met, using which resources and in what period. The other challenge would be handling the suppliers of the CSR projects. Identification of suppliers who match the business’s needs and support the CSR project can be hard. In order to overcome this challenge, the business ought to seek supplies from long-standing suppliers who are ready to align to the business and its CSR objectives. CSR projects are demanding in terms of money, time, labour and coordination. As such proper planning, teamwork and delegation of duties to responsible and passionate individuals are the solutions to almost all the challenges facing CSR projects.

Discuss how CSR strategies can integrate programs to address both environmental and social impacts

CSR strategies can address environmental issues such as reduction of carbon emissions and simultaneously address social issues such as drug abuse in the target society. While environmental issues and social ones may seem different and demanding on the business, they usually play complementary roles and thereby become easier for businesses to complement. This is so because a productive environment will lead to empowerment of the people both socially and economically thereby aiding to fight several social problems that are the subject of many CSR programs. The CSR strategies can integrate and execute programs to address environmental and social impacts by first identifying which issues go together. For instance, a CSR program to address poor waste disposal by cleaning up the environment can go hand in hand with a social program to educate people on responsible waste disposal and the importance of adhering to proper waste disposal measures. Notably, cleaning up an environment without educating the people on how to be proactive in maintaining clean environments is counteractive and it can lead to the collapse of the program without achieving any of its objectives. As such, CSR strategies should seek to undertake complementary projects together in order to enjoy synergy of the integrated programs. Companies pursuing CSR strategies can also seek the partnerships of independent NGOs and agencies that are skilled in specialities on the environment or the social issues. For instance, computer manufacturer Hewett and Packard (HP) can roll out a program to help reduce the impacts of electronic waste (e-waste) on the environment in developing countries by providing low-cost durable electronic products that pose minimal danger as e-waste. However, the problem of e-waste in developing countries stems from poverty, which leads people to import of cheap electronics that serve for a short time and are then discarded. As such, HP can collaborate with NGOs to start micro financing to empower people economically, educate them and increase their purchasing power to afford durable, high-quality electronics that are less hazardous to the environment. As such, companies can take on what it can do best (production of environmental friendly electronics) while it co-works with independent bodies to oversee issues of economic empowerment. Companies can integrate programs to address both environmental and social impacts by targeting programs that reduce the company’s production costs, aid it to adhere to environmental regulations and benefit societies. For instance, a soft drink processing company that uses plastics as the main packaging materials can start a recycling program. The company can reward people especially those in its target market for gathering up plastics, which it collects and sells to plastic manufacturing companies. This is a highly beneficial program where all entities seek to benefit monetarily while they also adhere to regulations on environmental sustainability. CSR strategies can integrate programs to address both environmental and social impacts. Some of the ways they can do this include the pursuance of strategies that complement each other on the environmental and the social front. The strategies can also be tailored along having a company take up one aspect say the environmental while it collaborates with another independent entity, which can deliver on the social aspect. Moreover, the strategies can be aimed at monetary benefits for all parties involved as they seek adherence to regulations on environmental conservation. In all, environmental and social issues go together and any strategies to address one should look into ways of addressing the other to enhance sustainability and benefit from synergy.

Discuss that factors that would be involved for a business to choose a framework to guide their CSR programs.

The factors that would be involved for a business to choose a framework to guide its CSR programs ought to be complementary and geared to the mutual benefit of the target group and the company. Gazzola (2014) notes that CSR strategies come from the consideration of the interests of a business such as its customers, employees, shareholders, communities and the general good of the environment. As such, these entities determine the factors considered in the selection of a framework to guide CSR programs. The factors include availability of funds. The amount of profits that a business makes greatly determines the kind of CSR programs it can undertake. For instance, a start-up paper making company would find it difficult to engage in a massive reforestation program since the project is capital intensive and if the company was to invest in such a program it would take many years to realize any benefits. However, the same company can start by offering free basic training to people who would wish to practice forestry farming. The latter is less demanding in terms of capital and it will market the company to potential suppliers of raw materials. The regulations that guide a given industry are also critical determinants into the framework that a business selects to guide its CSR programs (BDS Global, 2013). For instance, where environmental pollution levels are high, such as Beijing, China, the law might require a company there to have a carbon reduction theme as part of its CSR strategy. As such, the company must tailor its other CSR objectives to coordinate and work together with the mandatory CSR. In this case, the framework for CSR is centred on an externally guided program rather than an internally generated program. The industry in which a business operates guides its CSR programs. For instance, a business involved in the refining and exportation of oil such as BP would find it perfect to fight oil spills and thereby maintain unpolluted seas. This is so because the company is directly associated with the issues for which it seeks to uphold. It would be awkward for an oil company to sponsor rubber, plastic and glass-recycling initiatives since it lacks direct connections in that area and there are other companies in those industries best suited to take up the CSRs. Other factors to guide the framework for CSR include global epidemic and issues of global concern. For instance, the recent Ebola epidemic in West Africa, which claimed thousands of people, prompted businesses to intervene by offering funding, technical support, education among other issues. As such, the emergences of matters that require humanitarian intervention is factor that can prompt businesses to set up CSR in the line regardless of the affiliation with the disasters.

BDS Global (2013) Corporate social responsibility (CSR) Retrieved 25 June 215 from https://www.iisd.org/business/issues/sr.aspx Gazzola P. (2014) CSR Integration Into The Corporate Strategy. Cross-Cultural Management Journal Volume Xvi, Issue 2 (6) / 2014 331 Department Of Economics, Insubria University, Varese, Italy Gianluca COLOMBO Institute of Management, University of Italian Switzerland, Lugano, Switzerland. Browne, J., & Nuttall, R. (2013, March). Beyond corporate social responsibility: Integrated external engagement. Retrieved June 25, 2015, from Mckinsley & Company: http://www.mckinsey.com/insights/strategy/beyond_corporate_social_responsibility_integrated_external_engagement Kaufmann, M., & Olaru, M. (2012). THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON BUSINESS PERFORMANCE – CAN IT BE MEASURED, AND IF SO, HOW? ., (pp. 1-15). Berlin. SmallBizConnect. (2015). Corporate Social Responsibility. Retrieved June 25, 2015, from Small Biz Connect: http://toolkit.smallbiz.nsw.gov.au/part/17/84/362 World Bank Institute. (n.d.). Managing Environmental and Social Impacts of Local Companies. Retrieved June 25, 2015, from worldbank.org: http://siteresources.worldbank.org/CGCSRLP/Resources/EnvironmentalandSocialManual.pdf

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118 Social Responsibility Essay Topic Ideas & Examples

Inside This Article

Social responsibility is a crucial aspect of our society that involves individuals and organizations taking actions that benefit society at large. It involves being conscious of the impact of one's actions on the environment, society, and the economy. Writing an essay on social responsibility can help raise awareness about important issues and inspire others to take action. To help you get started, here are 118 social responsibility essay topic ideas and examples:

• The importance of corporate social responsibility in today's business world
• How companies can promote social responsibility through sustainable practices
• The impact of social responsibility on consumer behavior
• The role of government in promoting social responsibility
• The ethical implications of social responsibility
• The benefits of social responsibility for businesses and society
• The relationship between social responsibility and environmental sustainability
• How social responsibility can help address social inequality
• The role of social responsibility in promoting diversity and inclusion
• The impact of social responsibility on employee morale and productivity
• How social responsibility can help businesses build trust with consumers
• The challenges of implementing social responsibility initiatives
• The role of social responsibility in shaping public policy
• The impact of social responsibility on brand reputation
• The role of social responsibility in disaster relief efforts
• The benefits of social responsibility for small businesses
• The role of social responsibility in promoting ethical leadership
• The impact of social responsibility on employee retention
• The relationship between social responsibility and corporate governance
• The role of social responsibility in promoting economic development
• The challenges of measuring the impact of social responsibility initiatives
• The role of social responsibility in addressing climate change
• The impact of social responsibility on shareholder value
• The benefits of social responsibility for nonprofit organizations
• The relationship between social responsibility and social entrepreneurship
• The role of social responsibility in promoting community development
• The impact of social responsibility on organizational culture
• The challenges of balancing social responsibility with profitability
• The role of social responsibility in promoting ethical supply chain practices
• The benefits of social responsibility for employees and their families
• The relationship between social responsibility and government regulation
• The impact of social responsibility on employee engagement
• The role of social responsibility in promoting social justice
• The challenges of integrating social responsibility into business operations
• The benefits of social responsibility for investors and shareholders
• The relationship between social responsibility and corporate social responsibility reporting
• The impact of social responsibility on brand loyalty
• The role of social responsibility in promoting employee wellness programs
• The benefits of social responsibility for local communities
• The relationship between social responsibility and social media
• The impact of social responsibility on organizational performance
• The role of social responsibility in promoting ethical marketing practices
• The challenges of implementing social responsibility initiatives in developing countries
• The relationship between social responsibility and business ethics
• The impact of social responsibility on employee satisfaction
• The role of social responsibility in promoting sustainable development
• The benefits of social responsibility for customers and consumers
• The relationship between social responsibility and corporate philanthropy
• The impact of social responsibility on organizational reputation
• The role of social responsibility in promoting environmental conservation

These social responsibility essay topic ideas and examples can help you brainstorm ideas for your essay and explore different aspects of social responsibility. Whether you are writing about the role of businesses in promoting social responsibility or the impact of social responsibility on society, there are plenty of interesting topics to choose from. Remember to conduct thorough research and provide examples to support your arguments. By writing about social responsibility, you can raise awareness about important issues and inspire others to take action for the betterment of society.

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147 Social Responsibility Topics

🏆 best essay topics on social responsibility, 🎓 interesting social responsibility essay topics, 👍 good social responsibility research topics & essay examples, 🌶️ hot social responsibility ideas to write about, ❓ essay questions on social responsibility.

• Stakeholder Model of Corporate Social Responsibility
• The BMW Group’s Corporate Social Responsibility
• Corporate Social Responsibility in Johnson & Johnson and AstraZeneca
• Corporate Social Responsibility: Concept and Theories
• Globalization and Corporate Social Responsibility
• Enron’s Example of Corporate Social Responsibility
• Utilitarianism and Corporate Social Responsibility
• Corporate Social Responsibility at Google There are four significant types of CSR, including environmental, ethical, economic, and philanthropic responsibilities, with different purposes.
• Corporate Social Responsibility and Corporate Governance: Qatar Airways Qatar Airways’ corporate social responsibility means that the ideas depict the link between a company and the rest of society.
• Marks & Spencer Ethics and Corporate Social Responsibility This paper discusses the corporate social responsibilities as adopted at Marks and Spence; the order will focus on two main strategic issues as far as CSR is concerned
• Islamic and Western Corporate Social Responsibility Islamic and conventional corporate social responsibilities are similar in humanitarian services but different the reason for implementation.
• The Libertarian and Social Responsibility Theories of the Press In the context of the Libertarian Theory, the idea that transparency will inevitably lead to lesser corruption rates is quite plausible.
• Amazon’s Corporate Social Responsibility Report Amazon Incorporated is an American multinational corporation that offers services in several areas, including artificial intelligence, e-commerce, and digital streaming.
• ABC Corporation’s Corporate Social Responsibility It is the purpose of this memo to address some of the common issues regarding CSR and to make a case for the adoption of a CSR program within ABC Corporation.
• Google: Organisation’s Strategy Social Responsibility This essay will be going to discuss the five strategies of Google and argue how these strategies approach to its Corporate Social Responsibility.
• KLM Royal Dutch Airlines’ Corporate Social Responsibility KLM’s case is an example of how organizations exploit corporate social responsibility. The company’s brand is based on its ability to address consumer concerns and expectations.
• British Airways: Corporate Social Responsibility British Airways is an international aviation company that offers both passenger and cargo transport services. The company has its headquarters located in London.
• Walmart Company’s Corporate Social Responsibility Promotion Wal-Mart’s motto emphasises on the customers’ needs. So it has been the focus of modern media’s attention as the promoter of global responsibility.
• Corporate Social Responsibility: Environmental Impact This paper discusses corporate social responsibility (CSR) efficiency from the perspective of companies’ environmental impact.
• Perspectives of Corporate Social Responsibility This paper examines the two opposing perspectives of CSR, one arguing that it implies improving the society and environment, and the other, which suggests that profits are the main focus.
• Corporate Social Responsibility: Triple Bottom Line Approach Corporate social responsibility alone does not bring about the desired outcomes. The triple bottom line helps ensure transparency and accountability for corporations with global outreach.
• Apple Corporation Ethical and Social Responsibility The report aims at finding out whether practicing strong business ethics and good corporate social responsibility has an impact on the operations of Apple.
• Corporate Social Responsibility or Triple Bottom Line? The beginning of the 21st century has been thus far marked by a rapid and wide spread of the social justice and environmental sustainability movements.
• Corporate Social Responsibility: Concept and Definition Companies in the contemporary world have embraced the concept of Corporate Social Responsibility. The definition of CSR also differs from sector to sector.
• Advertising to Children & Social Responsibility In recent years, the main problem highlighted by many critics is the lack of social responsibility issues and unfair practices used by advertising towards children.
• Planning and Implementing of Corporate Social Responsibility For a stable and a successful running of a business organization, planning and implementing Corporate Social Responsibility program is quite crucial.
• Corporate Social Responsibility of Starbucks Starbucks could simplify its criteria to expand its coverage to a higher number of people. It can offer education on their ecologically advantageous practices.
• Corporate Social Responsibility: Concept Overview Corporate social responsibility (CSR) is a business model that emphasizes businesses’ obligation to be socially responsible and to give back to the community.
• CSR (Corporate Social Responsibility) at Unilever Corporate Social Responsibility (CSR) is an essential modern concept that has become popular among businesses.
• Social Responsibility in Toyota Corporate Social Responsibility, also known as corporate citizenship, results from business organizations considering society’s interest and taking responsibility for all the impacts.
• Corporate Social Responsibility for Supply Chain Management In this paper, the focus will be made on CSR issues and practices linked to supply chain management. Supply chain management supports both informational and physical flows within the firm.
• Walt Disney Company Corporate Social Responsibility Plan The Walt Disney company’s vision is to ensure that its corporate social responsibility accommodates different viewpoints and interests on the part of its shareholders, employees, business partners, associates, guests.
• Universalism Versus Relativism in Corporate Social Responsibility Universalism and relativism describe the two mutually contradicting moral perspectives that arise in connection with cultural issues.
• Corporate Social Responsibility and Financial Performance This paper discusses the role of corporate social responsibility in the corporate world and its implications for a company’s financial performance.
• Historical Analysis of Corporate Social Responsibility This paper conducts a historical analysis of corporate social responsibility, its relevance in modern society, and approaches different entities use in its implementation.
• Profit Maximization Ethics and Corporate Social Responsibility The duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law.
• Corporate Social Responsibility & Business Ethics Ethical and legal compliance of organizations are inseparable, and they provide significant advantages for businesses.
• Advertising to Children and Social Responsibility Advertising is a device by which “artificial” tastes are created. Advertising is one of numerous elements that influence a consumer’s spending decisions.
• Starbucks’ Social Responsibility and Brand Strategy The paper argues alignment of the company’s strategy with the core principles of business ethics allowed Starbucks to successfully overcome the crisis and achieve stable growth.
• Corporate Social Responsibility: Who Will Control Business? Large corporations that create resources for human comfort and well-being rarely think about their actions on the environment.
• Corporate Social Responsibility Activities in Ladbrokes Corporate Social Responsibility (CSR) has been anecdotally considered to provide organizational performance advantages in the contemporary market.
• Corporate Social Responsibility in Thai Listed Companies The general objective of this study was to evaluate the perception of employees towards Thai listed companies by undertaking a critical evaluation of a cross-section of the companies.
• Corporate Social Responsibility in Bangladesh’s Banking Sector CSR practices by banks in Bangladesh not only enhance their accountability but also boost their success and influence the socially responsible behaviors of other firms.
• Apple’s Reputation Regarding Ethical and Social Responsibility Legal experts may argue that Apple has no direct responsibility for their suppliers’ possible ethical misconduct and non-compliance.
• Corporate Social Responsibility and Response The study seeks to explore whether there is a need for an organization to establish a working relationship with the immediate society, people’s attitudes towards the initiative.
• Corporate Social Responsibility and Ethical Leadership Ethical-based leadership is realized when leaders exemplify and encourage proper conduct in the workplace. This can be demonstrated through interpersonal relations.
• Free Market and Corporate Social Responsibility In the world economy, the rule of supply and demand applies to a free market, but corporate social responsibility is separate from this principle.
• Corporate Social Responsibility: beIN Media Group The report will analyze corporate social responsibilities (CSR) initiatives that the beIN Media Group can practice to impact the community.
• Silo Busting: Making the Most of Corporate Social Responsibility A customer-centered culture creates solutions that cater to their needs. A company that employs this approach must study and understand its market.
• Corporate Social Responsibilities of a Company In India This report contains the major corporate social responsibility and environmental issues that the company will encounter when it relocates to India, a developing country.
• Zulu Community and Its Social Responsibilities This research is done to evaluate the Zulu community in South Africa and establish how social responsibilities affect this community.
• The Corporate Social Responsibility in Sport Corporate social responsibility places an obligation on sports organizations to significantly contribute to improving the quality of life.
• Social Responsibility and Ethics The first regulations to control corporations were established by the Roosevelt Government in the 1930s following a market collapse and bank failures.
• Nintendo Financial Statements and Corporate Social Responsibility This report takes two interactive software as a section of social responsibility and describes corporate social responsibility.
• SOCAR Company’s Corporate Social Responsibility This term paper gives a detailed analysis of the State Oil Company of the Azerbaijan Republic (SOCAR) and the effectiveness of its CSR strategies.
• Healthy Living Social Responsibility in Coca-Cola The essay looks into the ethics and social responsibility structure of Coca-Cola, especially its active and healthy living social responsibility angle.
• Corporate Social Responsibility and Employee Attitudes The paper extends the Corporate Social Responsibility literature empirically by investigating the linkage between CSR and job satisfaction and employee retention.
• Features of Corporate Social Responsibility Strategy Mintzberg and Waters note that here “leaders at the center of authority formulate their intentions as precisely as possible and then strive for their implementation”.
• MBA Dissertation Proposal: Consumer Awareness of Corporate Social Responsibility This dissertation aims to measure the level of consumers` awareness about CSR (corporate social responsibility) in such countries as the United Kingdom and Qatar.
• Corporate Social Responsibility in Tourism Sector This paper looks at altering definitions of corporate social responsibility and the emergence of codes of ethics and their function in delivering those responsibilities.
• Ethics and Social Responsibility in Organizations Social responsibility and ethics are the integral components of organizational performance; they play a relevant part in developing a company’s strategic plan.
• Best Buy Co.’s Corporate Social Responsibilities Best-Buy is a multinational consumer electronic goods seller. This paper analyzes the corporate social responsibilities that the company has enacted.
• Implementation of the Corporate Social Responsibility Strategy Corporate social responsibility is a relevant initiative towards promoting new social actions. The chapter explains why corporate culture supports the business goals of many organizations.
• National Australia Bank: Corporate Social Responsibility This paper explores corporate social responsibility through an analysis of a company selected from the database of the world’s most ethical companies.
• Daimler Chrysler Company’s Corporate Social Responsibility Daimler Chrysler AG is a German car corporation that is one of the biggest players in the automotive industry in the world. The automobile industry interested in corporate social responsibility.
• PeopleWater Company and Corporate Social Responsibility PeopleWater is one of the companies that have already adopted the foundational global standards and use Corporate Social Responsibility as a source of inspiration and improvement.
• Corporate Social Responsibility Corporate social responsibility and modern social and labor relations form a new system of social and economic relations at the all level.
• Competitive Advantage and Corporate Social Responsibility The paper discusses ways in which companies can effectively achieve Corporate Social Responsibility and recommends a framework to identify all implications.
• Corporate Social Responsibility & Justice in Business Corporate social responsibility is not a trend n the corporate world. Working for an organization that makes one feel safe makes one feel better.
• Competitive Advantage and Corporate Social Responsibility The company is indeed a reference point to other firms, and up-to-date entrepreneurs should aim to work according to CSR rules and care about their employees and the environment.
• Ethics and Social Responsibilities The paper states that ethics and social responsibilities are two concepts that have specific definitions, yet each person approaches them differently.
• Corporate Social Responsibility and Irresponsibility The doctrine of social responsibility has become an integral part of the corporate culture of many companies, and it is changing the role of corporations in the capitalist economy.
• Corporate Social Responsibility Strategies Participation in corporate social responsibility practices significantly affects the company’s image, performance, and profit as it impacts customer and employee loyalty.
• Klean Kanteen’s Corporate Social Responsibility (CSR) Corporate Social Responsibility (CSR) refers to a company’s self-regulated initiatives to help society in caring for the environment.
• Corporate Social Responsibility for Attracting Consumers Several studies tell how corporate social responsibility elements drive customers through a set of variables, such as discerned value, trust and commitment.
• Grenade Firm’s Corporate Social Responsibility Founded in 2010, Grenade is a young company that offers weight-loss products and contributes to sports nutrition.
• Connect of Social Responsibility to Organizational Performance Considering the connections between social responsibility and organizational performance will help to crate economically sustainable strategies social responsibility policies.
• Social Responsibility in Business In the long term, the development of the social environment and social responsibility can increase consumer confidence in the products produced by the organization.
• Corporate Social Responsibility of Business and Government All companies should have corporate social responsibility plans, which seek to address environmental issues. Businesses should seek to protect and increase social well-being.
• Corporate Social Responsibility in Supply Chains Corporate Social Responsibility is a model used by businesses for self-regulation to ensure they are socially accountable to stakeholders, the public, and themselves.
• Business Ethics Towards Corporate Social Responsibility Ethical decision-making is essential in the workplaces to ensure the regulation of conflicts and uncertainty from competing values, including organizational and societal values.
• Social Responsibility in Business A company, which follows CSR, attracts more candidates willing to work for it. A significant way businesses can improve their reputation is via the ethical treatment of workers.
• On the Social Responsibility of Corporations to Society The task of this paper is to explain whether the corporation should have legal and ethical obligations to society and compare Friedman’s critique of the topic with Glasbeek’s one.
• Social Responsibility: Underserved Health Care Reform People with severe medical conditions often cannot afford therapy or even necessary medications due to their high costs and rising population rising unemployment rates.
• Social Responsibility. Help Neighbor. Example Nowadays, people are too busy working and maintaining their social life that they do not have enough time to dedicate to their loved ones.
• The Concept of Company’s Social Responsibility ENMAX’s corporate responsibility statement indicates that it seeks to be the best in all its operations and supply energy which the Albertans will be utilizing in future.
• Should Companies Engage Corporate Social Responsibility? Despite its possible inconveniences, the companies should engage in CSR as soon as possible since the impact they have on the whole world is enormous.
• What can Managers do to Enhance Corporate Social Responsibility? The modern problem managers should solve in corporate social responsibility is the neglect of societies by the business organizations.
• Corporate Social Responsibility: Profit for Companies Social responsibility might be a key term in defining the profitability level of an organization, some say, though the experts view the issue differently.
• Corporate Social Responsibility for Development Through Sport The research was conducted to address the paucity apparent in the evaluation of CSR. The results could avail vital information on how development was realized from CSR and sports.
• Lack of Humanistic Perspective and Social Responsibility Most of the reporting of accidents done in print and television-based mass communication mediums is impersonal and does not hold regard for the loss of human life.
• Social Responsibility: Term Definition Social responsibility is about how business aligns their values and behavior with the expectations and needs of stakeholders and not just customers and investors but also employees.
• Components and Strategies of Implementing Social Responsibility This paper examines the various components and strategies of implementing social responsibility within an organization and how their interaction can bring about change in society.
• Y Health and Wellness Studio: Technology Plan, Management, and Social Responsibility Y Health and Wellness Studio business has integrated software and hardware technological devices to support its service delivery to its clients, who are young children.
• Role of Social Responsibility Among Customers Social responsibility is the reasonable and high-quality production of the goods or provision of the services.
• Social Responsibility: Starbucks, New Belgium Brewing and CVS The commitment to social responsibility manifests itself in the attitude to employees, partners, and natural resources.
• Climate Change and Social Responsibility in the UAE The UAE is rapidly developing for several decades already, which has a positive influence on the well-being of the population.
• Corporate Social Responsibility Practices Corporate social responsibility (CSR) is one of the best practices. This chapter identifies CSR as “a corporation’s duty to create its wealth using methods that enhance social welfare”.
• Social Responsibility in Strategic Plan Development Businesses in the energy sector have the role of conducting their businesses ethically as they play a vital role in the world’s economic, social, and political development.
• Corporate Social Responsibility and Work Ethics It has always been the general belief in the corporate world that managers “primarily have a duty to maximize shareholder returns”.
• Saudi Commerical Banks’ Corporate Social Responsibility In recent years, the Kingdom of Saudi Arabia has increased the awareness of corporate social responsibility tremendously, giving it a broad understanding.
• Workforce Activities and Corporate Social Responsibility This paper examines how the notion of workforce activities can be supported using efficient leadership strategies.
• Gender-Based Social Responsibilities and Structure Many sociologists downplay the importance of biological determinants within the context of how people address their gender-based social responsibilities.
• Corporate Social Responsibility and Corporate Finance The modern business world can be characterized by a considerable focus on corporate social responsibility. This paper deals with the ways financial companies use to be corporate citizens.
• Host Europe Company’s Corporate Social Responsibility Major CSR issues of Host Europe include underrepresentation of female employees, insufficient staff awareness of green practices, and inefficient energy consumption.
• Social Responsibility Attitude and Business Ethics The paper evaluates Company Q’s current attitude towards social responsibility, before recommending some actions that the company could take to improve its attitude.
• Corporate Social Responsibility Concept Definition Corporate social responsibility can be defined as something meant to divert people’s attention from the process of transnational corporations to take over political power.
• Social Responsibility of Management The application of the moral code takes the form of Corporate Social Responsibility (CSR) which is the application of internal self-regulating practices by a business.
• Defining Corporate Social Responsibility: Vision and Values The corporate social responsibility, which the promotion and enhancement of the company’s vision and values leads to, can be viewed as a major building block for the design.
• Corporate Social Responsibility in the Saudi Arabia Kingdom The concept of corporate social responsibility (CSR) has lately become common within regional businesses in the kingdom of Saudi Arabia and also the media circles.
• Techno Company’s Corporate Social Responsibility Using Techno Company as a case study, the discussion in this paper will show that CSR is just another form of PR for companies that wish to get an edge on their competitors.
• A Stakeholder Approach to Corporate Social Responsibility In order to improve the stakeholder relationship, as well as the overall management of the organization, one will have to consider the integration of the basic principles of CSR.
• Walmart Stores’ Corporate Social Responsibility The paper discusses how Wal-Mart Stores invested in and assessed its corporate social responsibility and what assessment they used to measure the effectiveness of their programs.
• Ethical Aspect of Corporate Social Responsibility Corporate social responsibility is a company’s awareness of its impact on society and reducing negative effects. It includes legal, economic, ethical and philanthropic components.
• Business Ethics and Corporate Social Responsibility: When Corporate Values Must Be Upgraded a Few Notches Even though the principles of ethical behavior in business have been in use for quite a while, there are still debates concerning the definition of the term.
• Marketing: Social Responsibility and the Law The deodorant was bought from a South American company at an obviously lower value than the economic value of the deodorant.
• Concept and Role of Corporate Social Responsibility This paper would go to analyse the business ethics, corporate social responsibility and employee behavior in different countries.
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• Can Environmental Corporate Social Responsibility Reduce Firms Idiosyncratic Risk?
• How and When Does Corporate Social Responsibility Affect Employees’ Organizational Identification?
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• What Are the Four Main Benefits of Social Responsibility?
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• What Is the Social Responsibility of a Country?
• What Are Three Examples of a Companies Social Responsibility?
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• What Is the Vision of Corporate Social Responsibility in Europe?
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• What Are the Main Challenges of Corporate Social Responsibility for Businesses in Today’s Market?
• How Should Civil Society and the Government Respond to “Corporate Social Responsibility”?
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• Should the Voluntary Approach to Corporate Social Responsibility Be Replaced?
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• What Are the Three Concepts of Social Responsibility?
• Is Corporate Social Responsibility Relevant Today?
• What Is the Barriers to Social Responsibility?
• What Is Social Responsibility in School?

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5 Examples of Corporate Social Responsibility That Were Successful

• 06 Jun 2019

Business is about more than just making a profit. Climate change, economic inequality, and other global challenges that impact communities worldwide have compelled companies to be purpose-driven and contribute to the greater good .

In a recent study by Deloitte , 93 percent of business leaders said they believe companies aren't just employers, but stewards of society. In addition, 95 percent reported they’re planning to take a stronger stance on large-scale issues in the coming years and devote significant resources to socially responsible initiatives. With more CEOs turning their focus to the long term, it’s important to consider what you can do in your career to make an impact .

Access your free e-book today.

What Is Corporate Social Responsibility?

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 .

Today’s organizations are implementing extensive corporate social responsibility programs, with many companies dedicating C-level executive roles and entire departments to social and environmental initiatives. These executives are commonly referred to as a chief officer of corporate social responsibility or chief sustainability officer (CSO).

There are many types of corporate social responsibility and CSR might look different for each organization, but the end goal is always the same: Do well by doing good . Companies that embrace corporate social responsibility aim to maintain profitability while supporting a larger purpose.

Rather than simply focusing on generating profit, or the bottom line, socially responsible companies are concerned with the triple bottom line , which considers the impact that business decisions have on profit, people, and the planet.

It’s no coincidence that some of today’s most profitable organizations are also socially responsible. Here are five examples of successful corporate social responsibility you can use to drive social change at your organization.

5 Corporate Social Responsibility Examples

1. lego’s commitment to sustainability.

As one of the most reputable companies in the world, Lego aims to not only help children develop through creative play, but foster a healthy planet.

Lego is the first, and only, toy company to be named a World Wildlife Fund Climate Savers Partner , marking its pledge to reduce its carbon impact. And its commitment to sustainability extends beyond its partnerships.

By 2030, the toymaker plans to use environmentally friendly materials to produce all of its core products and packaging—and it’s already taken key steps to achieve that goal.

Over the course of 2013 and 2014, Lego shrunk its box sizes by 14 percent , saving approximately 7,000 tons of cardboard. Then, in 2018, the company introduced 150 botanical pieces made from sustainably sourced sugarcane —a break from the petroleum-based plastic typically used to produce the company’s signature building blocks. The company has also recently committed to removing all single-use plastic packaging from its materials by 2025, among other initiatives .

Along with these changes, the toymaker has committed to investing $164 million into its Sustainable Materials Center , where researchers are experimenting with bio-based materials that can be implemented into the production process.

Through all of these initiatives, Lego is well on its way to tackling pressing environmental challenges and furthering its mission to help build a more sustainable future.

Related : What Does "Sustainability" Mean in Business?

2. Salesforce’s 1-1-1 Philanthropic Model

Beyond being a leader in the technology space, cloud-based software giant Salesforce is a trailblazer in the realm of corporate philanthropy.

Since its outset, the company has championed its 1-1-1 philanthropic model , which involves giving one percent of product, one percent of equity, and one percent of employees’ time to communities and the nonprofit sector.

To date, Salesforce employees have logged more than 5 million volunteer hours . Not only that, but the company has awarded upwards of $406 million in grants and donated to more than 40,000 nonprofit organizations and educational institutions.

In addition, through its work with San Francisco Unified and Oakland Unified School Districts, Salesforce has helped reduce algebra repeat rates and contributed to a high percentage of students receiving A’s or B’s in computer science classes.

As the company’s revenue continues to grow, Salesforce stands as a prime example of the idea that profit-making and social impact initiatives don’t have to be at odds with one another.

3. Ben & Jerry’s Social Mission

At Ben & Jerry’s, positively impacting society is just as important as producing premium ice cream.

In 2012, the company became a certified B Corporation , a business that balances purpose and profit by meeting the highest standards of social and environmental performance, public transparency, and legal accountability.

As part of its overarching commitment to leading with progressive values, the ice cream maker established the Ben & Jerry’s Foundation in 1985, an organization dedicated to supporting grassroots movements that drive social change.

Each year, the foundation awards approximately $2.5 million in grants to organizations in Vermont and across the United States. Grant recipients have included the United Workers Association, a human rights group striving to end poverty, and the Clean Air Coalition, an environmental health and justice organization based in New York.

The foundation’s work earned it a National Committee for Responsive Philanthropy Award in 2014, and it continues to sponsor efforts to find solutions to systemic problems at both local and national levels.

Related : How to Create Social Change: 4 Business Strategies

4. Levi Strauss’s Social Impact

In addition to being one of the most successful fashion brands in history, Levi’s is also one of the first to push for a more ethical and sustainable supply chain.

In 1991, the brand created its Terms of Engagement , which established its global code of conduct regarding its supply chain and set standards for workers’ rights, a safe work environment, and an environmentally-friendly production process.

To maintain its commitment in a changing world, Levi’s regularly updates its Terms of Engagement. In 2011, on the 20th anniversary of its code of conduct, Levi’s announced its Worker Well-being initiative to implement further programs focused on the health and well-being of supply chain workers.

Since 2011, the Worker Well-being initiative has been expanded to 12 countries and more than 100,000 workers have benefited from it. In 2016, the brand scaled up the initiative, vowing to expand the program to more than 300,000 workers and produce more than 80 percent of its product in Worker Well-being factories by 2025.

For its continued efforts to maintain the well-being of its people and the environment, Levi’s was named one of Engage for Good’s 2020 Golden Halo Award winners, which is the highest honor reserved for socially responsible companies.

5. Starbucks’s Commitment to Ethical Sourcing

Starbucks launched its first corporate social responsibility report in 2002 with the goal of becoming as well-known for its CSR initiatives as for its products. One of the ways the brand has fulfilled this goal is through ethical sourcing.

In 2015, Starbucks verified that 99 percent of its coffee supply chain is ethically sourced , and it seeks to boost that figure to 100 percent through continued efforts and partnerships with local coffee farmers and organizations.

The brand bases its approach on Coffee and Farmer Equity (CAFE) Practices , one of the coffee industry’s first set of ethical sourcing standards created in collaboration with Conservation International . CAFE assesses coffee farms against specific economic, social, and environmental standards, ensuring Starbucks can source its product while maintaining a positive social impact.

For its work, Starbucks was named one of the world’s most ethical companies in 2021 by Ethisphere.

The Value of Being Socially Responsible

As these firms demonstrate , a deep and abiding commitment to corporate social responsibility can pay dividends. By learning from these initiatives and taking a values-driven approach to business, you can help your organization thrive and grow, even as it confronts global challenges.

Do you want to gain a deeper understanding of the broader social and political landscape in which your organization operates? Explore our three-week Sustainable Business Strategy course and other online courses regarding business in society to learn more about how business can be a catalyst for system-level change.

This post was updated on April 15, 2022. It was originally published on June 6, 2019.

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1. Can one business make a difference to a global problem? (See, for example: Fast Food and Animal Rights )

2. If there’s no contract, does a promise matter? (See, for example: Unethical Recruitment Practices of College Football Teams )

3. Is raising the minimum wage a good idea? (See, for example: Stories about minimum wage ethics )

4. Is it ethically OK to violate private property in order to reduce suffering? (See, for example: Law Forbids Secret Videos of Factory Farms )

5. Is equal pay for equal work always necessary, ethically? (See, for example: stories about equal pay and ethics )

6. Are companies ethically to blame when customers misuse their products? (See, for example: Are Companies Responsible for Misuse of Products? )

7. Is it OK to sell a product when you can’t prove that it works? (See, for example: Ethics of Commerce in Alternative Medicine )

8. Are there some things that simply should not be bought or sold? (See, for example: Does Paying for a Baby Symbolize Disrespect, or Embody it? )

9. Is child labour always wrong? (See, for example: Nestlé Sued Over Child Labour and child labour in Bolivia )

10. Whistleblowers: heroes or disloyal employees? (See, for example: Whistleblowers: Alone vs the System )

11. Is Uber a good or bad thing, overall? (See, for example: stories about Uber and ethics .)

12. Is misleading advertising unethical? (See, for example: Misleading Headlines About Misleading Advertising: “Dog” Fur Pom Poms on Hats )

13. Do ethics classes make people more ethical? (See, for example: Does Teaching Ethics Improve Ethics? )

14. Is capitalism a force for good or evil? (See, for example: Don’t blame capitalism .)

15. Why is trust important in modern economies? (See, for example: the Value of Trust .)

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Essay on Corporate Social Responsibility

This report provides information on whether the benefits of CSR outweigh the drawbacks. The report shows that the benefits of CSR are more than the drawbacks and managers should consider implementing the strategy. The research utilizes the use of secondary resources to conclude. Most of the authors used in this report show that CSR has more advantages such as consumer satisfaction, financial performance, productivity, and promotes relationships among the companies, the stakeholders, and society. This research informs the managers on the benefits of executing CSR in their companies. More so, it provides information on few drawbacks that the managers should be prepared to experience. The study adds new information concerning the comparison of advantages and disadvantages of CSR which makes it easier to determine if the strategy should be implemented in companies.

Corporate Social Responsibility

Introduction

Corporate social responsibility (CSR) is a self-controlling model of business that helps business organizations to be socially accountable to the public, stakeholders, and self. Through CSR, companies have conscious of how that affects society environmentally, socially, and economically as they do their businesses (Basuony et al., 2014). Engaging in CSR means that companies are operating in ways that improve society and its environment. As much as CSR influences companies to translate the principles into practical activities, some of the researchers show that CSR may harm companies, stakeholders, and consumers.

Research Questions

Do the positive impacts outweigh the negative effects of CSR among the companies?

Despite some of the researchers revealing the negative impacts of CSR, there are many positive influences that companies, stakeholders, and consumers experience. Companies should ensure that they are responsible for themselves, society, stakeholders, and consumers. This promotes the positive impact of business in society without other people suffering the implications of unethical business activities. However, it is linked to few drawbacks such as costs, conflicts in the profit motive, and “green washing” of customers.

Methodology

This report will utilize secondary sources for review to come up with conclusions. Articles that are less than 10 years old will be used to develop conclusions on whether CSR is effective among companies and if the benefits outweigh the drawbacks.

Literature Review

Based on a substantiation from Mena country, Basuony et al. (2014) state that CSR promotes the performance of business organizations. The stakeholder theory suggests that organizations have to manage relationships with other groups and stakeholders which influences the effectiveness of business decisions. Despite making entrepreneurship progress, businesses that pay attention to the needs of society are successful. For example, branding is effective when a business organization protects the environment and takes part in social activities such as the construction of schools. Most of the researches in this article show that CSR influences business performance through market orientation and consumer satisfaction and financial performance. In research done by Newman et al. (2018), shows that CSR has an independent positive influence on the level of firms efficacy- increased productivity influenced by high effective business engagement. Increased company involvement in community initiatives is a great influence for success in business due to customers’ and stakeholders’ trust.

The concept of the future of CSR presented by Archie Caroll shows that as companies continue to apply CSR, benefits such as stakeholders engagement, increased productivity due to employees being the driving force of business and the enhancement of power among ethically sensitive customers and the client will be experienced (Agudelo et al., 2019). The concept influences effective governance criteria, environmental responsibility, corporate citizenship, the establishment of shared business values, and social performance. However, CSR is linked to various negative impacts. Mahmood et al. (2020) suggest that CSR influences negativity through abusive supervision while valuing employees’ conducts. As much as CSR influences minimization of negative employees’ behavior, it also influences negative conduct when there is abusive supervision. More so, the implementation of CSR needs money. Especially for small businesses, CSR is not affordable to be allocated in the budget. The conflict of the profit motive is also established in CSR as the focus on societal benefits may influence losses to companies. Greenwashing of consumers is linked to CSR. For example, labeling products to be organic to attract consumers.

Implications

This exploration has implications for both bodies of knowledge and management. The research used in this report shows that as much as CSR may have various drawbacks, the benefits outweighs the disadvantages. It contributes to the existing body of knowledge by showing that CSR has more benefits and companies should consider its application in business. The limitations of the current study are the use of secondary sources and few articles to provide more evidence. More so, the articles used in this report do not include cultural factors such as religion which are significant in understanding CSR and the involved activities in the society. The discussion concerning the link between CSR and corporate governance is not provided. Therefore, further research should be done to evaluate this link and its impact on the performance of the company and the experiences of the stakeholders and customers. More so, the research provides a key takeaway for managers which is mainly the benefits of executing CSR in companies to influence performance. The managers should know that despite the presence of drawbacks linked to CSR, there are many advantages such as consumer satisfaction, effective branding, establishing trust, and financial performance.

Based on the previous research used in this report, it is evident that CSR has many advantages. These pros include consumer satisfaction, productivity, good relationships with society and stakeholders, financial performance, and effective branding. These advantages overpower the drawbacks which include costs, conflicts in the profit motive, and “green washing” of customers. However, the limitations of the research include the inclusion of fewer articles and a lack of cultural factors in the research. Therefore, this study concludes that the benefits of CSR outweigh the disadvantages. The implication of the literature is informing managers to execute CSR which promotes productivity and financial performance.

Agudelo, M. A. L., Jóhannsdóttir, L., & Davídsdóttir, B. (2019). A literature review of the history and evolution of corporate social responsibility.  International Journal of Corporate Social Responsibility ,  4 (1), 1-23.

Basuony, M. A., Elseidi, R. I., & Mohamed, E. K. (2014). The impact of corporate social responsibility on firm performance: Evidence from a MENA country.  Corporate Ownership & Control ,  12 (1-9), 761-774.

Mahmood, F., Qadeer, F., Abbas, Z., Hussain, I., Saleem, M., Hussain, A., & Aman, J. (2020). Corporate social responsibility and employees’ negative behaviors under abusive supervision: A multilevel insight.  Sustainability ,  12 (7), 2647.

Newman, C., Rand, J., Tarp, F., & Trifkovic, N. (2020). Corporate social responsibility in a competitive business environment.  The Journal of Development Studies ,  56 (8), 1455-1472.

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Corporate Social Responsibility

Business ownership – a view from stakeholders perspective, only a few corporations take the csr seriously, economic hard time and core business focus, role and responsibility conflict, environmental management and corporations’ profitability.

Long periods of time have seen businesses sustain success in the visibly competitive world of trade. This success is linked to good governance from the board of management, with support from the shareholders. Similarly, businesses that have performed poorly in the past are connected to the weaknesses of the boards of governors, who in one way or another failed to address specific issues that confront their business venture. The management of corporations is in most cases under the leadership of a chief executive officer (CEO), who is given the opportunity to manage the corporation by the shareholders (Mallin, 2007). The CEO reports directly to the board of directors. While the board plays a critical role in ensuring that the management and the CEO of the organization get everything right, the board is normally answerable to the shareholders (Monks & Minow, 2007, p.126).

It is noted that the test of any effective governance and management is reflected in the degree to which an organization achieves its purpose and set goals (Jensen, 1976, p.4). However, another phenomenon has emerged in the world of business where the roles of business entities have been billed to go beyond shareholder satisfaction. This is Corporate Social Responsibility (CSR) which has been linked with the responsibility of caring for stakeholders in a wider perspective of the global or regional community (Carroll, 1999). Others refer to it as corporate citizenship, with the common belief that it influences all the aspects of the business on a global or regional scale. This belief is pinned on the notion that businesses matter since they create a lot of wealth, which they are required to share with the community under the banner of “stakeholders” (Atkinson, Waterhouse & Wells, 1997, p.25). In other words, the concept of the CRS is a state in which an organization decides where it fits in social fabrics, by addressing the ethics of business, corporate governance, environmental issues, and any other issue within the social context of the society (Bushman & Smith, 2003). But is CSR necessary for the success of a corporation? Or is CSR an obligation of the Corporations? This paper critically analyzes whether the corporations have the role of Corporate Social Responsibility as part of their duty in the wider aspect of their roles.

According to some business pundits, business is principally owned by stakeholders, and that any money spent on Corporate Social Responsibility is a waste of corporation’s resources and ‘polite robbery’ from the rightful owners of the business (Bushman & Smith, 2003, p.14). The case against CSR can be traced back to a statement by scholar and business leader, Laisser-Fair. Supporting his position are people like Elaine Sternberg, who argues that practicing CRS is basically going against human rights; the right of owners to enjoy the right to reap from their efforts, hence they are denied the right to property ownership (Werther & Chandler, 2006). Stating that the objectives of every contemporary view are ridiculous, she argues that the right to own a property is earned fairly in a business environment and thus should be respected at all costs (Werther & Chandler, 2006, p.39). However, a view that “ordinary decency, honesty, and fairness” should be at the forefront of every corporation is also paramount in many ways (Jensen, 1996).

It is also argued that corporate social responsibility undermines the very base of a free society (Grossman & Hart, 1982). This is because of the acceptance of the corporate leaders that they have a social responsibility to satisfy the needs of those who have not contributed directly to the success of the corporation. It thus means that the responsibility to make more profit to the shareholders is jeopardized.

The past surveys of the most respected companies in the globe show that corporations that have not concentrated much on the topic do better than the ones which have concentrated much on CSR activities (Freeman, 1994). The survey revealed that the position of “The Most Respected Business Leaders” has been occupied by those executives or business leaders who do not play nice in the market, hence creating a belief that being good to the stakeholders at large is not

the way to go for success in business (Freeman, 1994). For instance, business leaders like Bill Gates are known to have not played the business game fairly, but still emerge with honors on their achievements (Monks & Minow, 2007). In fact, Microsoft is associated with some of the highest-profile cases of playing ‘big brother’ in the business environment hence jeopardizing the success of other firms in the same line of business (Monks & Minow, 2007, p.172). In fact, Bill Gates has used his huge financial achievements in the market to give away huge sums of money to the needy, at the expense of the competing firms.

Another notable case is that of Jack Welch of General Electric. He played nasty in the business world by a memorable and anti-social downsizing in his corporation and cases of environmental pollution that led to a lot of criticism from the society members, including the fellow business leaders (Monks & Minow, 2007, p.173). However, Alchian & Desmetz (2002) argues that Welch played his part in a manner that would be considered social responsibility activity, especially through his restructuring of the employee status through empowerment. Welch is in records as to have said that making a profit and paying taxes should not be the sole agenda that occupies the minds of the corporation leaders (Alchian & Desmetz, 2002).

In the dimension of core business and the need to focus on it, especially during this period of economic hardship, many scholars have argued that one should not lose focus of core business in the name of spending money unnecessarily. Colley (2003, p.213) states that “you cannot go round spending extravagantly” on unimportant issues while you are retrenching workers and the reputation of the company is headed downhill. From this argument, it is easy to argue that the reputation of the company may not be easily redeemed when the very society that is supposed to respond positively towards their activities are skeptical about everything they do in the name of CSR.

Fombrun (1996) on the other hand argues that the process of managing CSR depends on the aspect of managing a business. In this dimension, one can handle it poorly or well depending on whether the managers keep a firm focus on the business goals and objectives. It is, therefore, possible to reason out that time and again it is the corporation’s responsibility to keep off those activities that would attract the attention of pressure groups, especially the environmentalists or to avoid carrying out activities that may lead to prosecution and paying of regulatory charges (Fombrun, 1996). He states that through such an initiative, there would be no need for splashing out money for CSR activities. After all, many observe that CSR can lead to withdrawal of attention towards the improvement of quality, as the corporation will be spending a lot of time and money on building the image through CSR at the expense of improving product quality (Freeman 1994).

Historically, businesses have moved beyond morality and public policy, hence the need to do what is needed; create an environment for sustainable profit and growth (Millstein, 1998). By doing this, the government is benefiting through taxation, hence the need to create a favorable framework for the proper and fair game in society. Millstein (1998) argues that it is not logical to insist that smoking remain legal and adding a huge tax on it at the expense of consumers, and still act in the name of CSR. In fact many have argued that such activities or actions are purely not in the interest of the wider stakeholders, hence the call for the wholesome illegalization of tobacco.

It is indeed becoming extremely challenging as it is getting extremely hard to sustain the impact of such negative perceptions. In fact, taking an example of the tobacco industry still, they are actually global players, a big corporation that does continuously grow in its global networks at the expense of other locally based corporations. This makes it possible to take a global look at the scenario thus assuming the roles played by the locally based corporations. In essence, this may be the point behind many organizations hiding in the blanket of “small impact group” of corporations (Alchian & Desmetz, 2002).

Several studies have indicated that almost every business idea or a business venture that one may think of has the ability to “shift 1% of its overall turnover straight into its bottom line”, only if proper environmental management is undertaken in a way that would minimize wastes (Bushman & Smith, 2003). However, a lot of business leaders do not positively conceive the idea of spending money on environmental conservation or minimizing waste through specific environmental initiatives (Bushman & Smith, 2003). According to Bushman & Smith, business leaders do not like the idea of preventing the on-coming problem, but like acting after the disaster so that they can rebuild their name through CSR activities. In principle, the solution to the problems only comes after the need to solve an already existing problem rather than acting to clear the looming one.

There is considerable evidence that good governance cannot be replaced by activities of CSR. It must also be noted that the governance of corporations relies on the internal means through which their performances are accomplished (Colley, 2003). There is also little debate that good corporate governance will definitely impact the overall performance of the corporation. Again, while governance of a corporation is comprised of the internal relationships amongst shareholders, boards of directors, and managers, it must be acknowledged that such relationships are a result of respective roles of the government and private sector. This is seen in the way governments manage the laid down regulations, the general perception of the public as well as voluntary private initiatives. It is therefore important to note that CSR is basically an image-building initiative that in most cases can be avoided at the initial stages of company development. Again it should therefore be acknowledged that the primary role of corporate governance is to ensure the shareholders get their rightful control and benefit of the corporation rather than venturing into the image-building exercise through CSR.

Alchian, A., & Desmetz H. (1972) Production, Information Costs and Economic Organization. American Economic Review , 62, pp. 777-795.

Atkinson, A., & Waterhouse J., & Wells R. (1997) A stakeholder approach to strategic performance measurement. Sloan Management Review , Spring [38(3)]: 25-36.

Bushman, R., & Smith J. (2003) Trasparency, Financial Accounting Information and the Corporate Governance. FRBNY, Economic Policy Review , April.

Carroll, A. B. (1999) Corporate social responsibility: Evolution of a definitional construct. Business and Society 38(3), 268-295.

Colley, J.L. (2003) Corporate Governance . London. McGraw-Hill Professional.

Fombrun, C., J. (1996). Reputation: Realizing Value from the Corporate Image . Boston, MA: Harvard Business School Press.

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Grossman, S., & Hart O. (1982) Corporate Financial Structure and Managerial Incentives. The Economics of Information and Uncertainty . Chicago. University of Chicago press.

Jensen, M. C. (1976) Theory of Firm: Managerial Behavior, Agency Costs and Ownership Structure. Working Paper , No 3 (1).

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Millstein, I.M. (1998) Organization for Economic Co-operation and Development : Business Sector Advisory Group on Corporate Governance . London. OECD Publishing.

Monks, R. G. & Minow, N. (2007) Corporate Governance , 4 th Edition. New York. Wiley Blackwell.

Werther, B.W., & Chandler, D. (2006) Strategic Corporate Social Responsibility: Stakeholders in a Global Environment . Miami. University of Miami Publishing Press.

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What Is CSR?

• Understanding CSR

Types of CSR

Company examples, the bottom line.

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What Is CSR? Corporate Social Responsibility Explained

Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications.

Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public. 

By practicing corporate social responsibility, also called corporate citizenship , companies are aware of how they impact aspects of society, including economic, social, and environmental. Engaging in CSR means a company operates in ways that enhance society and the environment instead of contributing negatively to them.

Key Takeaways

• Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment.
• CSR can help improve society and promote a positive brand image for companies.
• CSR includes four categories: environmental impacts, ethical responsibility, philanthropic endeavors, and financial responsibilities.

Understanding Corporate Social Responsibility (CSR)

Through CSR programs, philanthropy, and volunteer efforts, businesses can benefit society while boosting their brands. A socially responsible company is accountable to itself and its shareholders. CSR is commonly a strategy employed by large corporations. The more visible and successful a corporation is, the more responsibility it has to set standards of ethical behavior for its peers, competition, and industry .

Small and midsize businesses also create social responsibility programs, although their initiatives are rarely as well-publicized as those of larger corporations.

• Environmental responsibility: Corporate social responsibility is rooted in preserving the environment. A company can pursue environmental stewardship by reducing pollution and emissions in manufacturing, recycling materials, replenishing natural resources like trees, or creating product lines consistent with CSR.
• Ethical responsibility: Corporate social responsibility includes acting fairly and ethically. Instances of ethical responsibility include fair treatment of all customers regardless of age, race, culture, or sexual orientation, favorable pay and benefits for employees, vendor use across demographics, full disclosures, and transparency for investors.
• Philanthropic responsibility: CSR requires a company to contribute to society, whether a company donates profit to charities, enters into transactions only with suppliers or vendors that align with the company philanthropically, supports employee philanthropic endeavors, or sponsors fundraising events.
• Financial responsibility: A company might make plans to be more environmentally, ethically, and philanthropically focused, however, it must back these plans through financial investments in programs, donations, or product research including research and development for products that encourage sustainability, creating a diverse workforce, or implementing DEI, social awareness, or environmental initiatives.

Volunteering

Some corporate social responsibility models replace financial responsibility with a sense of volunteerism. Otherwise, most models still include environmental, ethical, and philanthropic as types of CSR.

Benefits of CSR

According to a study published in the Journal of Consumer Psychology, consumers are more likely to act favorably toward a company that has acted to benefit its customers. As a company engages in CSR, it is more likely to receive favorable brand recognition . Additionally, workers are more likely to stay with a company they believe in. This reduces employee turnover, disgruntled workers, and the total cost of a new employee .

For companies looking to outperform the market, enacting CSR strategies may improve how investors view the company's value. The Boston Consulting Group found that companies considered leaders in environmental, social, or governance matters had an 11% valuation premium over their competitors.

CSR practices help companies mitigate risk by avoiding troubling situations. This includes preventing adverse activities such as discrimination against employee groups, disregard for natural resources, unethical use of company funds, and activity that leads to lawsuits, and litigation .

CSR programs can raise morale in the workplace.  

In its 2022 Environmental and Social Impact Report, Starbucks ( SBUX ) highlights taking care of its workforce and the planet among its CSR priorities through stock grants and additional medical, family, and educational benefits. The company's goals include achieving 50% reductions in greenhouse gas emissions, water consumption, and waste by 2030.

Home Depot ( HD ) has invested more than 1 million hours per year in training to help front-line employees advance in their careers, aims to produce or procure 100% renewable energy to operate its facilities by 2030, and has plans to spend $5 billion per year with diverse suppliers by 2025.

General Motors won the Sustainability Leadership Award from the Business Intelligence Group in 2022. The automaker provided $60 million in grants to more than 400 U.S. nonprofits focusing on social issues, and it has agreements in place to use 100% renewable electricity at its U.S. sites by 2025.

Why Should a Company Implement CSR Strategies?

Many companies view CSR as an integral part of their brand image, believing customers will be more likely to do business with brands they perceive to be more ethical. In this sense, CSR activities can be an important component of corporate public relations. At the same time, some company founders are also motivated to engage in CSR due to their convictions.

What Is ISO 26000?

In 2010, the International Organization for Standardization (ISO) released ISO 26000, a set of voluntary standards to help companies implement corporate social responsibility. Unlike other ISO standards, ISO 26000 provides guidance rather than requirements because the nature of CSR is more qualitative than quantitative, and its standards cannot be certified. ISO 26000 clarifies social responsibility and helps organizations translate CSR principles into practical actions.

What Are the Benefits of CSR?

CRS initiatives strive to have a positive impact on the world through direct benefits to society, nature and the community in which a business operations. In addition, a company may experience internal benefits through the initiatives. Knowing their company is promoting good causes, employee satisfaction may increase and retention of staff may be strengthened. In addition, members of society may be more likely to choose to transact with companies that are attempting to make a more conscious positive impact beyond the scope of its business.

What Companies Have the Best CSR?

Since 1999, Corporate Responsibility Magazine has ranked the top 100 Best Corporate Citizens each year among the 1,000 largest U.S. public companies. Rankings are based on employee relations, environmental impact, human rights, governance, and financial decisions. In 2023, the top-ranked companies include Hewlett-Packard Enterprise Company, Accenture, and Hasbro.

Companies striving to measure success beyond bottom-line financial results may adopt CSR strategies that target environmental, ethical, philanthropic, and fiscal responsibility that extend beyond the products they sell.

Society for Consumer Psychology. " Good Guys Can Finish First: How Brand Reputation Affects Extension Evaluations ."

Boston Consulting Group. " Your Supply Chain Needs a Sustainability Strategy ."

Frontiers in Psychology. " Corporate Social Responsibility and Employee Engagement: Enabling Employees to Employ More of Their Whole Selves at Work ."

Starbucks. " 2022 Starbucks Global Environmental and Social Impact Report ," Pages 6 and 32.

Home Depot. " ESG Report (2022) ," Pages 9-10.

General Motors. " 2022 Sustainability Report ," Pages 6-7.

International Organization for Standardization. " ISO 26000, Social Responsibility ."

3BL Media. " 100 Best Corporate Citizens of 2023 ."

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Home — Essay Samples — Business — Corporate Social Responsibility — Corporate Social Responsibility (CSR)

Corporate Social Responsibility (csr)

• Categories: Corporate Social Responsibility Structure

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Published: Sep 25, 2018

Words: 535 | Page: 1 | 3 min read

Table of contents

Introduction, types of csr, importance of csr.

• Environment-Focused Corporate Social Responsibility (CSR) This type of CSR focuses on reducing detrimental effects of the corporation’s operations on the environment. The corporation innovates in its manufacturing stage to reduce the production of environment harming by-products. It also promotes the use of non-renewable energy sources to prevent harm caused to the environment by burning of fossil fuels.
• Community-Based Corporate Social Responsibility (CSR) The corporation joins hands with other organizations (usually Non-Profit ones) to ensure the welfare of a local community’s people. These organizations either fund or receive funding from corporations to perform tasks that can improve the living conditions of the community’s people.
• Human Resource (HR)-Based Corporate Social Responsibility (CSR) Corporations focus on the well-being of their own staff and improve their living conditions. The companies may extend compassionate leaves like paternity leaves so that the employee can look after his newborn. They can also provide medical insurance to their employees to take care of accidents caused due to occupational hazards.
• Charity Based Corporate Social Responsibility (CSR) In a charity-based CSR, corporations donate to organizations or individuals (usually through a charity partner) to improve their financial condition and for their general upliftment. This is the most common form of a CSR activity. Most corporations provide direct financial support to organizations or individuals who require such assistance.
• Increased employee’s loyalty and retention.
• Gaining legitimacy and access to markets.
• Less litigation
• Increased quality of products and services.
• Bolstering public image and enhanced brand value.
• Less volatile stock market.
• Avoiding state regulations.
• Increased customer loyalty.
• Improved quality of life and changing habits.
• Capacity building creates wealth and employment.
• Balanced eco-system.
• Waste management.
• Clean and green environment

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Opinions on Corporate Social Responsibility Essay

Introduction, reference list.

Corporate social responsibility is an essential aspect in the business world. It is an obligation for a business organization to pursue long term goals that are good for the society. It can also be termed as the continuing commitment by business firms to behave in an ethical manner and contribute to economic development while at the same time enhancing the quality of life of the employees and their families.

The business firm should also enhance the lives of the local community and the entire society around which it operates (Kotler, 2005). This piece of work looks at an individual, Karl Mark, evaluating him with respect to corporate social responsibility and its effects on his career.

Abiding by corporate social responsibility practices is not only beneficial to a business organization but also to individuals who participate in it. An individual’s perception and view about the idea of corporate social responsibility influences ones life greatly in terms of career progression and the behavior of the general public towards the individual.

This therefore dictates that it is advisable to support the idea of corporate social responsibility for the sake of one’s prosperity as well as that of the society at large despite the cost that could be involved.

Karl Marx was an active economic activist and socialist who was involved with many activities during his lifetime. It is evident that Karl Marx would totally support the idea of corporate social responsibility.

This is because of his nature and how he perceived life in general. He cared more about the communities and would therefore support any effort aimed at supporting the society in any way. He was against capitalism and supported collective gain among the society members (Marx, not dated).

In his career, Karl Mark was able to succeed due to the support he gave to the society in regard to advocating for developmental projects aimed at helping members of the society in an effort to uplift their living standards. Karl Mark’s economic and socialist work gained considerable support from people due to the fact that the benefits associated with the activities were clear (Marx, Easton and Guddat, 1997).

Business organizations should operate bearing in mind that the society is a crucial element that contributes towards their success. Without the support of the people who surround a business organization, it is difficult for it to succeed in its undertakings. This is because it requires a symbiotic relationship to be established between a business enterprise and the society around it.

This is so as both need each other for success. A business organization may need the society as buyers as well suppliers. They could also be a source of workforce in various positions for example marketers bearing in mind that they are in a better position to reach as many clients as possible.

The business should therefore go an extra mile in providing services to the society as a way of fulfilling corporate social responsibility. This could be through undertaking of some developmental projects that aim at enhancing the lives of the people.

Throughout his entire life, Karl Marx attempted to gain a deeper understanding of the society and its nature in an effort to ensure that their rights are fulfilled. He for example supported aspects like education and enlightenment of the people so that they would be in a position to fight for their rights and social justice.

Provision of educative programs by business enterprises to the community is a form of corporate social responsibility and plays a great role in ensuring that members of the society are well equipped with some knowledge and skills which in turn allows them to live a better and sustainable life for instance through securing employment opportunities (Eastman, 1959).

There are various benefits associated with corporate social responsibility. For example, it avoids excessive regulation, it is ethical and improves an individual’s and firm’s public image, enhances the social environment and more so, some socially responsible actions are profitable. It is also a good way of correcting social problems that might have been caused by various activities.

In cases of a business, it provides a competitive advantage, attracts and retains employees through motivation and attracts investors. It therefore follows that business enterprises should always foster corporate social responsibility.

Although Karl Mark received a lot of objections from the authorities such as the governments, he tried his best to enhance the lives of the society and for this reason his name and work will live to be remembered over the years. This is more so because of his contribution towards the understanding of society (Foot, 2004).

From the above discussion, it is evident that corporate social responsibility is critical to economic development due to the fact that it empowers societies.

Abiding by corporate social responsibility practices is not only beneficial to a business organization but also to individuals who participate in it. An individual’s perception and view about the idea of corporate social responsibility influences his or her career and how the general public reacts towards him or her.

Eastman, M. (1959). Capital, the Communist Manifesto and Other Writings . New York: Modern Library.

Foot, P. (2004). Karl Marx: the Best Hated Man, Socialist review . Web.

Kotler, P. (2005). Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause . New Jersey: John Wiley and Sons.

Marx, K. (n d). Economic and Philosophical Manuscripts of 1844 . Web.

Marx K, Easton, D.L and Guddat H.K. (1997). Writings of the Young Marx on Philosophy and Society . New York: Hackett Publishing.

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IvyPanda. (2024, February 4). Opinions on Corporate Social Responsibility. https://ivypanda.com/essays/opinions-on-corporate-social-responsibility-essay/

"Opinions on Corporate Social Responsibility." IvyPanda , 4 Feb. 2024, ivypanda.com/essays/opinions-on-corporate-social-responsibility-essay/.

IvyPanda . (2024) 'Opinions on Corporate Social Responsibility'. 4 February.

IvyPanda . 2024. "Opinions on Corporate Social Responsibility." February 4, 2024. https://ivypanda.com/essays/opinions-on-corporate-social-responsibility-essay/.

1. IvyPanda . "Opinions on Corporate Social Responsibility." February 4, 2024. https://ivypanda.com/essays/opinions-on-corporate-social-responsibility-essay/.

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IvyPanda . "Opinions on Corporate Social Responsibility." February 4, 2024. https://ivypanda.com/essays/opinions-on-corporate-social-responsibility-essay/.

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• Insights On the EU Corporate Sustainability Due Diligence Directive from GDPR

When it comes to corporate social responsibility and data protection, the world of impact assessments and due diligence can seem like a labyrinth of legal jargon and regulatory requirements. However, understanding the importance of these processes is crucial for any corporation looking to not only comply with regulations but also build trust with customers and stakeholders. In this blog post, we will dive into the intricacies of impact assessments and due diligence, answering common questions and providing practical tips for corporations looking to navigate the complexities of the Corporate Sustainability Due Diligence Directive (CSDDD).

We will consider the following questions:

• What role does GDPR compliance play in navigating the complexities of the CSDDD?
• Why are privacy impact assessments important in relation to the CSDDD?
• How can corporations comply with the CSDDD?

In the ever-evolving landscape of corporate responsibility and ethical governance, staying ahead of regulatory directives is crucial for businesses looking to not only comply but also make a positive impact on society and the environment. One such directive that is making waves in the corporate world is the CSDDD. In the wake of its near full adoption by the European Council, the implications of this directive are profound, prompting organizations to rethink their approach to sustainability, human rights, and environmental impact.

The parallels between the CSDDD and the General Data Protection Regulation (GDPR) serve as a reminder of the importance of proactively addressing ethical considerations within corporate governance. Just as with the GDPR, which focuses on data privacy and protection, the CSDDD underscores the necessity of corporate diligence in ensuring environmental responsibility, human rights protection, and fair business practices.

GDPR compliance is a critical component of navigating the complexities of the CSDDD. GDPR sets strict guidelines for how companies handle the personal data of EU citizens. By ensuring compliance with GDPR regulations, corporations can demonstrate their commitment to data protection and privacy, which is essential for building trust with customers and stakeholders in today’s data-driven world. One of the key components of GDPR compliance is to conduct regular audits of your data processing activities to ensure compliance with GDPR requirements. Implement robust data protection measures, such as encryption and access controls, to safeguard personal data and mitigate the risk of data breaches.

The essence of both GDPR and CSDDD is a proactive approach to compliance. By instilling a culture of responsibility within the organization, companies can effectively navigate the complexities of regulatory frameworks like the CSDDD. From conducting impact assessments to tracking progress and publishing annual statements, the directive emphasizes the need for transparency and accountability in corporate operations.

Compliance with the CSDDD requires a proactive approach to data protection and privacy. Corporations must establish robust data governance frameworks, implement privacy-by-design principles, and conduct regular audits of their data processing activities. By prioritizing data protection and privacy, corporations can demonstrate their commitment to responsible data management and build trust with customers and stakeholders. You should work to develop a data protection policy that outlines your organization’s commitment to data protection and privacy. Train employees on data protection best practices and provide ongoing support to ensure compliance with the CSDDD.

This is also true around Privacy impact assessments (PIAs), which  are an essential tool for identifying and mitigating privacy risks associated with data processing activities. By conducting a PIA, corporations can assess the potential impact of their data processing activities on individuals’ privacy rights and take steps to minimize any adverse effects. PIAs are especially important in the context of the CSDDD, where data protection and privacy are paramount concerns. You should work to integrate privacy impact assessments into your data processing workflows to proactively identify and address privacy risks. Engage with data protection authorities and stakeholders to ensure transparency and accountability in your privacy practices.

While the CS-DDD is a European directive, its reach extends beyond the borders of the EU, impacting US companies with significant operations or income derived from the region. This broad scope necessitates a thorough evaluation of supply chains, supplier relationships, and potential risks associated with non-compliance. The CSDDD’s requirements for due diligence and supplier engagement underscore the interconnected nature of global business operations.

As organizations strive to align with the CSDDD, the integration of existing laws and guidelines from other related legislation such as GDPR becomes essential. From incorporating OECD guidelines to addressing human rights and environmental impact, companies must adopt a comprehensive approach to compliance. By leveraging technological solutions and strategic staffing, businesses can streamline their compliance efforts and enhance their impact on society and the environment.

The convergence of directives like the CSDDD and GDPR heralds a new era of ethical governance for businesses worldwide. By embracing the principles of sustainability, human rights protection, and environmental stewardship, organizations can not only meet regulatory requirements but also contribute to a more responsible and equitable corporate landscape. As we navigate the complexities of corporate responsibility, let us heed the lessons from these directives and strive to do the right thing, both ethically and legally.

Navigating the complexities of impact assessments and due diligence in the context of the CSDDD may seem daunting, but with a proactive approach to data protection and privacy, corporations can demonstrate their commitment to responsible data management and build trust with customers and stakeholders. By prioritizing GDPR compliance, conducting privacy impact assessments, and implementing robust data protection measures, corporations can navigate the complexities of the CSDDD effectively.

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