Sustainability Flashcards
1
Q
what is corporate social responsibility
A
obligation of a business to act accordingly to be desirable in terms of values in society
2
Q
CSR - environmental
A
Aims to reduce damaging effects from business activities
( energy, water, recycling, emissions, travel )
In safeguarding the environment the company is safeguarded too
3
Q
CSR - Economic
A
Aims to strike a balance between maximisation of profits and sustainable practices
