Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

 Savings of taxes

 Increase in wealth and efficiency


 Indicate the values and mission of
Corporate citizenship the firm
 Improvement in the morale of the
employee
 Earn goodwill
 Competitive advantage
Corporate citizenship is a practice carried out by several companies. An example of
good corporate citizenship is Starbucks' input in community welfare and Disney's
responsibility for every initiative under its name. Over the past two years, Shopify
purchased carbon removal to eliminate shipping emissions from every order placed
during the Black Friday/Cyber Monday shopping weekend, offsetting more than
120k tons of carbon.
 Large employee engagement
 Support for local and global
communities
Corporate social Responsibility
 Increased investment opportunities
 A stronger employer brand
 Customer retention and loyalty.
Corporate social responsibility is a way of describing how companies measure and
control their impact on society . Reducing carbon footprint and energy consumption
are one of the main examples of CSR by corporates. Improving labor policies,
ensuring diversity and equality in the workplace, investing in nonprofit
organizations
 Calculate the performance over a
particular duration
 Verify corporate citizenship
Corporate social performance
 Comparing of various stakeholders
 Deliberate actions toward multiple
stakeholders
Corporate social performance is essential because it helps companies gauge
whether they are doing enough regarding social responsibility and corporate
citizenship. when a company donates a certain percentage of its revenue for causes
within the community it is a great example for Corporate social performance.
Difference between Corporate citizenship Corporate social
Responsibility and Corporate social performance with examples ?

You might also like