Corporate Social Responsibility
Corporate Social Responsibility (CSR) is a companyʼs accountability for its operational activities and decision-making related to all stakeholders who have a direct interest in the company or who indirectly impacted by it.
The concept of CSR is a result of a national sustainable development strategy that also addresses legal, ethical, commercial and societal expectations to ensure fair decision-making by corporations.
CSR is viewed as a comprehensive set of policies and programs that are incorporated into business operations throughout the company, taking into account past, present and future results. The issues encompassing a companyʼs CSR vary according to its business type, size, sector and geographic region. Typically, issues include subjects related to business ethics, community investment, environment, governance and human rights.