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Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR) is the ethical framework that guides


businesses to act responsibly and contribute positively to society. In today's
interconnected world, companies play a crucial role in shaping communities and
the environment. CSR goes beyond profit-making; it emphasizes the importance
of sustainable practices, ethical behavior, and social impact.
Firstly, CSR involves environmental sustainability. Companies are increasingly
adopting eco-friendly practices, reducing carbon footprints, and promoting
resource conservation. This not only benefits the environment but also
enhances a company's reputation.
Secondly, social responsibility extends to community welfare. Businesses are
expected to actively engage in philanthropy, supporting local initiatives,
education, and healthcare. By investing in communities, companies foster
goodwill and create a positive impact on society.
Moreover, CSR encompasses ethical business practices. It demands
transparency, fairness, and accountability in all dealings. This not only builds
trust among stakeholders but also contributes to the overall integrity of the
business environment.
In conclusion, CSR is not merely a trend; it is a fundamental aspect of modern
business. Companies embracing CSR demonstrate a commitment to sustainable
development, social progress, and ethical conduct. As consumers and
stakeholders increasingly value responsible businesses, the integration of CSR
becomes a strategic imperative for long-term success.

Thank You
Om Gori
FY BBA MM
A-15

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