What is Corporate Social Responsibility

1.

Taking into account the organization’s social, economic and environmental impact, and consideration of human rights; conducting business in an ethical way. Learn more in: What Can Organizations Do to Combat Human Trafficking?

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To be socially responsible, a firm has to operate in ways that uphold the principles of sustainable development. Corporate social responsibility can take many forms depending on the firm and industry. It’s a broad concept that encompasses all the practices put in place by a firm in order to be economically viable, to enhance society and preserve the environment. Learn more in: The Relationship Between CSR, Corporate Governance, and Firm Performance: Evidence From Moroccan Listed Firms

3.

The obligation of an organization's management towards the welfare and interests of the society in which it operates. Learn more in: Broadening the Concept of Green Marketing: Strategic Corporate Social Responsibility

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A firm’s voluntary activities that benefit the society without economic or technical interest by using social values and firm power. Learn more in: An Entrepreneur Sees the Reward: The Importance of Intellectual Capital and Corporate Social Responsibility in a Company

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The triple responsibility that a company must fulfil to meet the economic, environmental and social expectations of its stakeholders. Learn more in: The Importance of Consumer Perception of Corporate Social Responsibility to Meet the Need for Sustainable Consumption: Challenges in the Sportswear Sector

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The moral obligation and voluntary action of any company to satisfy their stakeholders and to compensate them the economic, social and environmental impact. Learn more in: Innovation through Corporate Social Responsibility: Insights from Spain and Poland

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It is the set of policies that a company develops to have a responsible impact on society. Society is understood as the set of stakeholders that interact with the company: customers, employees, shareholders, suppliers, competitors, public administration, and society in general. Learn more in: Value-Based Management and Responsibility in the Management of People: A Competitive Advantage for Family Business

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This is the voluntary integration of social, economic, and environmental concerns in the daily activities of companies, organizations, and institutions. Learn more in: Improvement in Higher Education: The Role of Chairs in University Social Responsibility

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It is a business model that helps a firm be socially accountable to itself and all its stakeholders. It is giving back to the society that firms operate in. Learn more in: Corporate Social Responsibility: Strategy for Boosting Brand Perception and Competitive Advantage

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The sum of policies concerning a corporate self-regulation integrated in its business model. Learn more in: Meanings and Implications of Corporate Social Responsibility and Branding in Grocer Retailers: A Comparative Study over Italy and the UK

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Concept that addresses the linkages and interrelationships between companies and the society at large by calling for increased sense-making and legitimacy processes of corporate activities. Learn more in: Strategic Sustainability Marketing and Social Responsibility in the Textile Industry: Opportunities and Challenges in Africa

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The commitment of a company to help economic development, welfare, and improve employees’ life quality, including families and society. Learn more in: The Electronic Obsolescence as an Opportunity for Social Entrepreneurship: The Case of EEE in Manizales, Colombia

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Attitude of a company focused on meeting the needs of all the interest groups within its organization, going beyond the traditional economic objective. This is an approach which should integrate economic, social, philanthropic, and environmental aspects into corporate level decisions. Learn more in: CSR in the Spotlight: Location and Gender as Drivers of Its Development

14.

voluntary integration by the organizations of social and environmental concerns in its business operations and the relationships with their interlocutors. Learn more in: Corporate Social Responsibility: Benefits and Costs of Its Implementation

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Corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare. Learn more in: Leveraging Workforce Diversity in Practice: Building Successful Global Relationships with Minority-Owned Suppliers

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It is the responsibility that institutions have and apply to the social themselves and their stakeholders (society). Learn more in: Working With New Media on Strategic Corporate Social Responsibility Campaigns

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A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Learn more in: Sustainability and Competitive Advantage: A Case of Patagonia's Sustainability-Driven Innovation and Shared Value

18.

It is a term describing obligations of a company towards all its stakeholders in all its activities to behave ethically and contributing their welfare. Companies are required to consider their need to profit together with their societal influence. Learn more in: Impact of Digital Transformations on Corporate Social Responsibility (CSR) Practices in Turkey: A Study of the Current Environment

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It refers to the social responsibility activities performed by the companies. Learn more in: Economic Effects in Islamic Stock Development of the European Countries: Policy Recommendations for Ethical Behaviors

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Commitment by businesses to be socially responsible towards employees and their families, and towards society at large, while still meeting long-term profit goals. Learn more in: Smart Citizens, Wise Decisions: Sustainability-Driven Tourism Entrepreneurs

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(CSR): The responsibility of businesses towards society and the environment. Learn more in: Mainstreaming Corporate Social Responsibility at the Core of the Business School Curriculum

22.

It is the voluntary integration of social, economic and environmental concerns in daily activities of the companies/organizations/institutions. Learn more in: Innovation in Higher Education: The Experience of Socially Responsible Universities

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A concept describing the voluntary actions of an organization for fulfilling their responsibilities towards third parties providing resources for the community and the organization. Learn more in: Are Social Marketing Investments Used as a Tool for Voluntary Reporting or Disclosure?

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The view that corporations have moral duties to stakeholders beyond those who own stocks or shares in the company. Corporate Social Responsibility extends to consumers, employees, the industry in which a business operates, community members impacted by corporate choices, and the natural environment. Learn more in: Facilitating Trust: The Benefits and Challenges of Communicating Corporate Social Responsibility Online

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A concept according to which organizations take into account the interests of society, taking responsibility for the impact of their activities on companies and other public stakeholders. This commitment goes beyond the legal obligation to comply with legislation and suggests that organizations voluntarily taking further steps to improve the quality of life of workers and their families, as well as the whole local community and society. Learn more in: Corporate Social Responsibility: A Business Contribution to Sustainable Development

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The continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large. Learn more in: E-Commerce Online Purchase Intention: Importance of Corporate Social Responsibility Issues

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A concept that a business needs to be concerned with its impacts on the society, which calls for responsible business practices. A business needs to integrate environmental, social, and economic issues into their business decisions and activities to meet corporate social responsibility. Learn more in: Corporate Social Responsibility in SMEs: The Role of Non-Audit Services

28.

Set of business policies designed and implemented to improve their corporate image and their relationship with customers, while also changing the socio-economic environment where they are deployed. Learn more in: Managing Social Innovation Through CSR 2.0 and the Quadruple Helix: A Socially Inclusive Business Strategy for the Industry 4.0

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Projects or initiatives undertaken by an organization, for the benefit of the society. Learn more in: Sustainable Development Goals: The Case of Safaricom Limited

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Programs that are done by businesses in order to benefit society while boosting their own brands or services. Learn more in: Social Entrepreneurship

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A concept embodied in the fair, ethical, and socially responsible treatment for profit of transnational corporation employees, local communities, and other stakeholders; particularly to increase human development and the standards of living of stakeholders both internal and external to a commercial enterprise. Learn more in: Can Codes of Ethical Conduct Work?: Evaluating the Effectiveness of Privatised Corporate Governance in a World of Political and Economic Convergence

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Corporate social responsibility is a management perception whereby firms consider economics, social and environmental issues in their operations. Learn more in: The Role of Corporate Sustainability on Firm Value: An Application on Borsa Istanbul

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The continuing commitment by the business to behave ethically and contribute to economic development while improving the quality of life of the workforce as well as the local community and society. Learn more in: An International and Socially Responsible SME Based on Tailored Innovative Products: empakando From El Salvador

34.

Abbreviated as CSR, this term is a business approach that contributes to sustainable development by bringing economic, social and environmental benefits to all stakeholders. Learn more in: Governance as a Bridge to Sustainability

35.

(Also known as corporate responsibility) is the integration of socially and environmentally beneficial programs and practices into a corporation’s business model. It is a form of corporate social and environmental self-regulation integrated into its business model or how companies manage the business processes to produce an overall positive impact on society. Learn more in: Influence of CSR Activities on Stakeholders in Foreign Markets

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A framework that aims to present an integrated vision of social and environmental organizations’ operations and interactions with their stakeholders in a voluntary manner. Learn more in: Disclosure of Corporate Social Responsibility on the Websites of Portuguese Foundations

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Self-regulation policies adopted by corporations regarding legal, ethical, and international norms including environmental protection and stakeholder considerations. Learn more in: Identifying Corporate Social Responsibility (CSR) Curricula of Leading U.S. Executive MBA Programs

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A company´s sense of obligation towards the community, the social environment and the ecological environment in which a corporation operates. Learn more in: Clusters as Entrepreneurial Ecosystems for Corporate Social Responsibility in SMEs

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A type of international private business self-regulation aimed at taking care of the society and environment and minimizing or reducing a negative impact of the company on them. Learn more in: Global Pharmaceutical Industry: Characteristics and Trends

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Corresponds to the intervention of profit-seeking entities in social matters with no prospect of immediate return. Learn more in: Social Entrepreneurship and Social Innovation: A Conceptual Distinction

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An organization’s responsibilities to its stakeholders other than its business activities Learn more in: Corporate Social Performance and Governance Quality Across the BRICS Countries

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A number of corporate activities that focus on the welfare of stakeholder groups other than investors, such as customers, employees, suppliers and society. Learn more in: Corporate Social Responsibility and Financial Information: Theoretical Approaches and Recent Developments

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The moral duty of the firm to recognise the needs of the society in which it operates by acting in an ethical and responsible manner. Learn more in: Analysing the State of Sector-Specific CSR Reporting: Evidence From Pakistan

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The social, ethical, economic and legal obligation of a manager to consider the needs of the society. Learn more in: The Impact of Entrepreneurial Sustainable Universities in Regional Development

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A policy through which organizations further social good. Learn more in: Social Capital Accounting: The Social Capital Protocol and the United Nations' Sustainable Development Goals

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Responsibility of companies to their stakeholders, environment and society and voluntary activities for solving social problems. Learn more in: The Use of New Media Applications in Corporate Social Responsibility: Vodafone “#BuMamaBenden” Case Study

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CSR represents one of the theoretical frameworks aimed at clarifying the role of business in society. “The new concept of social responsibility recognizes the intimacy of the relationship between the corporation and society and realizes that such relationships must be kept in mind by top managers as the corporation and the related groups pursue their respective goals” (Walton 1967, p. 18). Learn more in: Sustainable Innovation in Fashion Products: An Opportunity for Italian SMEs

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It is about how an organization operates in the economic, environmental and social spheres with its value chain, including compliance with legal requirements on (compulsory) disclosure and voluntary disclosure to stakeholders, which involves socioenvironmental risks. Besides, it is identified by short, mid- and long-term organizational policies compatible with Sustainable Development. Learn more in: Corporate Social Responsibility and Disclosure of Socioenvironmental Risks by Credit Unions

49.

It is about how companies manage the business processes to produce an overall positive impact on society. This concept goes beyond compliance and engages in actions that appear to further some social good, beyond the interests of the firm and that which is required by law (e.g., waste and pollution reduction processes, educational and social programs…). Learn more in: Integrating Sustainability and CSR in the Value Chain of the Information Technology Sector

50.

The belief that apart from generating profits companies should contribute to the society by performing socially important activities to benefit the society as a whole and its certain groups. Learn more in: Legal and Ethical Aspects of CSR: Potential in New Business Models Development

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Corporate initiative to assess and take responsibility for the company's effects on the environment and impact on social welfare. Learn more in: Minority-Owned Suppliers A Growing Global Supply Base

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Corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefit society. Learn more in: The Networked Self: Collectivism Redefined in Civic Engagements through Social Media Causes

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A self-regulation mechanism that is integrated into a business model to ensure its active compliance with the spirit of the law, ethical standards and international norms. Learn more in: Adoption of Supply Chain Sustainability in Developing Countries: An Empirical Investigation

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How companies handle their business processes to ensure a positive impact on society. Learn more in: Corporate Social Responsibility in the Digital Age

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Companies while engaging in economically profitable activities should behave responsibly to its other stakeholders such as the community and environment both ecological and social. Learn more in: Managers' Responses to the Challenges of Globalization Within the Context of Global Political Economy

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A code of internal conduct developed by all types of companies and organizations (municipal authorities, national governments, NGOs, etc.) that includes a set of voluntary rules and principles based on ethical values and responsible actions to be reflected in the behavior of employees, company directors and other interested parties. Learn more in: Analysis of the Ethical (and Aesthetic) Framework and Its Relation to Corporate Social Responsibility: The Case of the Textile Industry

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All the initiatives taken by the company which leads to the enhancement of society, stakeholders, and environment in a positive manner. Learn more in: Human Resource Management Strategies of the Indian Information Technology Sector Post-Pandemic

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A concept describing the voluntary actions of an organization for fulfilling their responsibilities towards third parties providing resources for the community and the organization. Learn more in: Sustainability Reporting Framework for Voluntary Reporting or Disclosure in Turkey

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A company's sense of responsibility towards the stakeholders, the community, and the environment (both ecological and social) in which it operates. Learn more in: Local Authorities' Incubator as a Tool Supporting the Synergies Between Companies That Apply Corporate Social Responsibility and Social Enterprises

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(CSR): A concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. Learn more in: Value Creation via Corporate Social Responsibility: The Case of Emerging Countries

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Voluntary efforts by companies to address provide positive economic, social and environmental benefits to the communities in which they operate. Learn more in: Development and Progress of the Mining Association of Canada's Towards Sustainable Mining Program

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Is how companies manage their business processes to produce an overall positive impact on society. It covers sustainability, social impact and ethics. Learn more in: The Integrated Project for the Redevelopment of a Historic Building: An Example of BIM and IoT Integration to Manage the Comfort of the Building

63.

Set of social, environmental, and ethical initiatives, developed by companies to meet the needs of their stakeholders. Learn more in: Transparency of Information in Spanish Family Businesses and Its Role in Online Reputation Management: An Exploratory Study in Family Businesses in Castile and León

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An organization’s sense of economic, legal, ethical, and philanthropic responsibility towards the society and environment in which it operates. Learn more in: Globally Responsible Intergenerational Leadership

65.

It is also known also as corporate citizenship, is a concept that attracted by far a lot of attention in the last years due to its appealing nature as well as its intriguing implications, and represents a self-regulating business model that enables companies to be socially accountable to their customers, public, communities, stakeholders, governments, and state by showing that they are conscious at all times about the manner in which their activities affect the economy, the society, and the environment. Learn more in: Analyzing the Impact of Green Marketing Strategies on the Financial and Non-Financial Performance of Organizations: The Intellectual Capital Factor

66.

Long-term commitment to ethical business conduct, in which economic objectives are combined with measures to improve the quality of life of the workforce and of society as a whole. Learn more in: Digitization as a Stimulus for Corporate Social Responsibility

67.

This is the voluntary obligation that companies owe to the society as a commitment to giving back to the society. Learn more in: Enriching Organisational Knowledge of Corporate Social Responsibility From the Traditional African-Nigerian and Islamic Religion Perspectives

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The responsibilities of the business toward the society in which it exists and operates. Learn more in: The Corporate Social Responsibility Meme as a Business Foundation for Economic Peacemaking

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Procedures and actions that organisations adopt in order to apply best practices in the management of the economic, social and environmental impact of their actions. Learn more in: Online Disclosure of Social Responsibility Strategies: Perceptions and Reality Among Nonprofit Organisations

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Voluntary integration by the organizations of social and environmental concerns in its business operations and the relationships with their interlocutors. Learn more in: Analysis of Entrepreneurial Dynamics in Spain: The Role of Corporate Social Responsibility

71.

It is a way of directing companies based on managing the impacts that their activity generates on their customers, employees, shareholders, local communities, the environment and on society in general. Learn more in: Strategic Greening and Social Responsibility of Organizational Development

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This concept is the result of trying to translate sustainable development (DS) in a business context, one where DS should echo in everyday operations. As a result, new conceptualizations arise and try to incorporate all related ideas, such as development, sustainability, and social responsibility. Learn more in: Sustainable Balance Scorecard as a CSR Roadmap for SMEs: Strategies and Architecture Review

73.

Corporate Social Responsibility or CSR can be considered in two ways: either as a theoretical or philosophical concept based on ethics and theories of right and wrong doing by corporations and corporation decision makers, incorporating more recently not just the production, but also the social and the environmental dimensions; or as a practice by corporations of integrating in their behaviors, decision processes, strategies and communication the responsibility towards all stakeholders and the environment. Learn more in: Corporate Social Responsibility and Management in a Glocal Context

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Business concept that include companies’ responsibility to the employees, environment, and whole economy. Learn more in: Appropriateness of Standard Accounting Tools in Measuring Social Innovation in the New Global Economy

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It is a business self-regulation that aims to contribute to societal goals of a philanthropic, activist, or charitable nature or by engage in or support volunteering or ethically oriented practices. Learn more in: Mandatory Corporate Social Responsibility and After That?: An Analysis From India

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The obligation of organizations to take into consideration the interests of stakeholders and ecological considerations in all aspects of their operations. This obligation is seen to extend beyond their statutory obligation to comply with legislation. Learn more in: Organizational Factors for Implementing E-Democracy in Organizations