CSR Flashcards
1
Q
CSR
A
The concept that businesses have a responsibility to integrate social objectives within their decision making and consider their positive impact on society beyond generating a profit. Areas of focus for CSR include protecting the environment, sustainable sourcing of materials, e.g.
2
Q
3 advantages of a business having high CSR
A
- Increased reputation
- Adds value to products (can charge more)
- Solves social problems
3
Q
Greenwashing
A
When a company is gaslighting about their CSR efforts.
