![]() For others, it means enacting a company-wide recycling program or donating to and volunteering for local environment-focused organizations. For some companies, it means using alternative energy sources and sustainable materials. Corporations can be significant contributors to greenhouse gas emissions, pollution, waste, and natural resource depletion-but by committing to environmental responsibility, a business takes ownership over its impact on the environment.ĭepending on a business’s size and industry, environmental responsibility can take many different forms. Environmental Responsibilityįor companies committed to CSR, it’s important for businesses to engage in environmentally friendly practices. ![]() Read on to discover the four types of corporate social responsibility of business and how they look in action. But what does this really mean in practice? CSR means that a company should self-regulate its actions and be socially accountable to its customers, stakeholders, and the world at large. What is corporate responsibility? Corporate social responsibility, also known as CSR, is the concept that a business has a responsibility to do good. ![]() That’s where the corporate social responsibility of a business comes in. In today’s world, how a company gives back to its community, positively impacts the environment, and acts for the greater good-not just a greater profit-is critical. A business’s measure of success goes beyond the bottom line.
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