Corporate Social Responsibility
In today’s globalized and interconnected world, Corporate Social Responsibility (CSR) has evolved from a voluntary initiative to an essential element of business strategy. Modern consumers, governments, and stakeholders expect corporate organizations to play a constructive role in addressing pressing societal and environmental challenges. No longer is profit the sole determinant of business success—social impact and community engagement are equally important. At its core, CSR refers to a company’s responsibility toward the community, environment, and economy in which it operates. It goes beyond compliance with laws and regulations, emphasizing ethical practices, sustainability, and contributions to social development. This holistic approach not only benefits communities but also strengthens a company’s reputation, competitiveness, and long-term growth. Understanding Corporate Social Responsibility Corporate Social Responsibility can be defined as a business model in which companies int...