The full form of CSR is corporate social responsibility. Every organization is having CSR in which they help society. By taking the responsibility of CSR, the organization not only help its employees but also safeguards the interest of society. CSR brings the most out of an agency. Additionally, every company practice CSR to improve its image in front of the world. We have seen many times big companies avoid legal readings and pay the fine quietly. This is only because they don’t want to lose their CSR points. Additionally, several organizations have special provisions for CSR in all employees. Sustainable development and good quality product is also good way to contribute to CSR.
Corporate Social responsibility (CSR) is continuing commitment by businesses to integrate social and environmental concerns in their business operations.
CSR is generally known as corporate social responsibility. Nowadays, every organization has CSR in which they help society. Most of the company practice CSR to improve their image in front of the world. However, several officialdoms have special provisions for CSR in all the employees. By supporting growth and developing good quality products, one can easily achieve the top tier of CSR.
Furthermore, Motorola was one of the companies that receive the highest points for its impeccable CSR records. However, they are to be a company that can hire special people to take care of all the responsibilities for CSR. The main goal for this person would be to assign CSR points to an agency. These managers also take care of the staff to have a friendly environment at work. Finally, by sustaining development and by manufacturing good quality products one can achieve the top tier of CSR
Now the CSR became law in India 1-4 -2014 yes on this date India became the first country and India mandate CSR a new rule in section 135 in India’s companies act intersect is mandatory for all companies. ( certain turnover & profitability to spend 2% of their average net profit for the past three years on CSR.
Any company totally contacts with the public our environment so so that’s why if the company should follow CSR system then it can be beneficial for the company or for the social environment.
Example of CSR Company.
1-Lego
2-Toms
3-Johnson and Johnson
4-Starbucks
5-Google
6-Pfizer
The aim of CSR is to give back to society and bring a positive change in society. There are four types of CSR namely Environmental Responsibility, Ethical Responsibility, Philanthropic Responsibility, Economic Responsibility. Some of the responsibilities include reducing carbon footprint, Engaging in charity work, Purchasing fair trade products, etc.
Due to CSR, businesses have started to take a wide interest in social issues. Now let us see the Top 8 Companies With The Best Corporate social responsibility (CSR) Reputation in the world:
1) Disney
2) Adidas Group
3) Microsoft
4) Sony
5) Cannon
6) Michelin
7) Netflix
8) Bosch
| Term | Full Form |
| CSR | Corporate social responsibility |
CSR FAQ’s
Every organization is having CSR in which they help society. By taking the responsibility of CSR, the organization not only help its employees but still plan objects in the interest of society.
CSR is short form of corporate social responsibility.
corporate social responsibility is full form of CSR.
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