corporate social responsibility
of, for, or belonging to a corporation or corporations
noting or pertaining to activities designed to remedy or alleviate certain unfavorable conditions of life in a community
a particular burden of obligation upon one who is responsible
Do corporations have any obligations to society? Yes.
Corporations have a responsibility, just as every individual has a responsibility, to positively impact society and give back. This obligation sparked the creation of Corporate Social Responsibility (CSR).
Most corporations have their own CSR Departments, but no two CSR departments are alike. CSR departments exist to:
- Ensure compliance with certain ethical standards;
- Work directly with the community or develop partnerships with non-profits to address social issues; and/or
- Focus on sustainability and going green.
No two CSR departments are the same. But all CSR departments strive to give back to society and be socially and/or environmentally responsible. CSR proves that corporations care about the triple bottom line: people, planet and profit.
Some departments you might find yourself working in: