CSR, what does it mean?

Corporate social responsibility (CSR) is getting to be a bigger and bigger draw for companies and brands regarding their consumer outreach. CSR can be defined as a businesses ethical duty and responsibility to give back to humanity through environment and social initiatives. This can be seen in many ways such as environmental responsibility, ethical responsibility, philanthropic responsibility, and economic responsibility. In today’s world, there is a larger emphasis on social responsibility. People are beginning to realize the impact we have on the planet we live on and the negative effects of said impact. It is getting harder to ignore, and those that do are seen as ignorant to the ever changing times. CSR was born from this newfound quest of bettering the world and how we as people do things. Now people care about workplace environments and discrimination. Businesses see benefits from outwardly supporting global causes that could have little to do with the actual business themselves. The benefits could outweigh the costs of the social contribution. The benefits not only being, bettering society or the environment, but also connecting more with their consumers and building a sense of trust. CSR can mean so many things, but here is a little video that explains the basics of what we are diving into.

https://www.youtube.com/watch?v=ZoKihFLCY0s

Leave a Reply

Your email address will not be published. Required fields are marked *