Corporate Social Responsibility
- Corporate Social Responsibility
- Corporate initiative to assess and take responsibility for the company's effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups.
Corporate social responsibility may also be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead promote positive social and environmental change.
Companies have a lot of power in the community and in the national economy. They control a lot of assets, and may have billions in cash at their disposal for socially conscious investments and programs. Some companies may engage in "greenwashing", or feigning interest in corporate responsibility, but many large corporations are devoting real time and money to environmental sustainability programs, alternative energy/cleantech, and various social welfare initiatives to benefit employees, customers, and the community at large.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
corporate social responsibility — also corporate responsibility ➔ responsibility * * * corporate social responsibility UK US noun [U] (ABBREVIATION CSR, also corporate responsibility) … Financial and business terms
corporate social responsibility — UK US noun [uncountable] business See:CSR … Useful english dictionary
Corporate social responsibility — For other types of responsibility, see Responsibility (disambiguation). Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business)[1] is a form of… … Wikipedia
Corporate Social Responsibility — Der Begriff Corporate Social Responsibility (CSR) bzw. Unternehmerische Gesellschaftsverantwortung (oft auch als Unternehmerische Sozialverantwortung bezeichnet), umschreibt den freiwilligen Beitrag der Wirtschaft zu einer nachhaltigen… … Deutsch Wikipedia
corporate social responsibility — CSR The encouragement of correct social and environmental practice by organizations. The term corporate social responsibility (CSR) is used widely, in contexts as varied as the following: (i) environmental considerations (as elaborated by… … Auditor's dictionary
Corporate Social Responsibility (CSR) — 1. Begriff: Neuausrichtung der gesellschaftlichen Rolle und Verantwortung von Unternehmen, sozial und ökologisch vertretbare Produktionsweisen, globaler Fokus. Weitgehend deckungsgleich mit der sozialen Dimension der ⇡ nachhaltigen Entwicklung.… … Lexikon der Economics
Corporate Online Responsibility — ist ein an die Konzepte der Corporate Social Responsibility (CSR) und des Corporate Citizenship (CC) angelehntes Konzept, das explizit auf unternehmerisch verantwortungsvolles Handeln im Internet eingeht. Inhaltsverzeichnis … Deutsch Wikipedia
corporate social responsibility — UK / US noun [uncountable] business See: CSR … English dictionary
Social responsibility — is an ethical or ideological theory that an entity whether it is a government, corporation, organization or individual has a responsibility to society but this responsibility can be negative. In that it is a responsibility to refrain from acting… … Wikipedia
social responsibility — UK US noun [U] SOCIAL RESPONSIBILITY ► the practice of producing goods and services in a way that is not harmful to society or the environment: »The whole area of social responsibility is becoming much more important to the consumer. »Corporate… … Financial and business terms
