corporate social responsibility

  

Definition

A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes, (2) by contributing educational and social programs, and (3) by earning adequate returns on the employed resources. See also corporate citizenship.

Use this term in a sentence

  • Many organizations have learned that corporate social responsibility not only benefits their surrounding community but it can also be good for business by helping the company grow and addressing shareholder concerns.

    Was this Helpful?   (4)   (1)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/corporate-social-responsibility.html

Have a question about this term? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z