Corporate Social Responsibility

Corporate social responsibility (CSR) refers to companies conducting their core operations in a responsible and sustainable way to create a positive corporate social impact. It is a form of international private business self-regulation, which aims to contribute to societal and environmental goals by reducing harm. CSR is a form of corporate self-regulation integrated into a business model, and is a subclass of corporate liability and social responsibility. As reported by various sources, CSR is an important aspect of business ethics, with companies recognizing the need to demonstrate their commitment to social and environmental responsibility.