Corporate Social Responsibility (CSR)

Question 1

What is Corporate Social Responsibility CSR?

Answer 1

A business approach that integrates ethical practices, social well-being and environmental sustainability into operations.
Purpose : To create a positive impact on society while maintaining profitablity

Question 2

Key Areas of CSR

Answer 2

Environmental Responsibility : Reducing carbon footprint, managing waste and conserving resources
Social Responsibility : Promoting diversity, fair labor practices and community engagement
Economic Responsibility : Ensuring ethical business practices and transparency

Question 3

Why is CSR important?

Answer 3

1. Builds trust with stakeholders
2. Enhances brand reputation
3. Aligns business operations with sustainability development goals (SDGs)