What is corporate social responsibility?


Quick Answer

Corporate Social Responsibility, or CSR, is defined as operating a company in a way that positively impacts society and the environment. Companies often develop plans to integrate CSR programs into their every day activities.

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Full Answer

CSR programs allow companies to plan the elimination of their waste with as little impact on the environment as possible. A positive impact on society may be accomplished through educational and social programs. The social programs can include charities and using locally grown products.

The term CSR originated in the 1960s as a term used to explain legal and moral responsibilities of a corporation.

There is little regulation on the implementation of CSR programs.

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