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Social Contribution Activities of Corporations( Ambassador Report for August 2022)

by ankit kumar Verma | 31-08-2022 19:14 recommendations 0


environment

Corporate social responsibility is a social concept that refers to the way companies contribute to society. Companies that fail to contribute to society are vulnerable to accusations of greed. At the same time, companies are morally obliged to contribute in some way to make better lives for everyone. Contributing is a legitimate way for corporations to generate income and promote their brands.

Corporate Social Responsibility (CSR) is a self-regulatory business model that helps companies assume social responsibility. Corporate Social Responsibility (CSR) refers to the strategies companies implement as part of their corporate governance to ensure that their operations are ethical and benefit their communities. Corporate Social Responsibility (CSR) is a commitment by a company to responsibly manage the social, environmental and economic impacts of its operations and meet the expectations of target groups.

Charity can also add value to poverty alleviation and directly enhance a company's reputation and strengthen its brand, but the concept of CSR is of course much more than that. It is generally understood as a means of achieving a balance between economic and economic profit, taking into account the ecological and social imperatives (triple bottom line approach) as well as shareholder and stakeholder expectations. . In today's world, it matters how companies give back to their communities, have a positive impact on the environment, and not only increase profits, but work for greater good. Businesses can make a significant contribution to greenhouse gas emissions, pollution, waste, and the depletion of natural resources, but by being environmentally responsible, businesses take responsibility for their impact on the environment
 

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  • Dormant user ankit kumar Verma
 
 
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2 Comments

  • Chelwoon Mentor says :
    Hello Ankit, this is your mentor Chelwoon.

    CSR is not just a concept of service or volunteer. Its ultimate goal is realizing socio-economic development of all society. I would like to recommend you to search various CSR activities going on by different companies.

    Thank you for the article!

    Regards,
    Chelwoon

    Posted 01-09-2022 23:51

  • Joon Mentor says :
    Hello ankit, this is your mentor Joon.

    CSRs should not remain as a strategy, but as an action which should be acted out on the bottom of one's heart. Such tendency of treating it as a strategy should be avoided.

    It was a pleasure for me to mentor you on past 6 months. What I feel, and realize now is that I have not been knowledgeable enough to provide more information related to different subjects. Hope you could keep up with environmental activities as well as your other works. Once again, thank you for following me.

    Well read your article, and let's keep up!

    Best,

    Joon
    Posted 01-09-2022 03:01

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