Collected on this page are various interpretations of the idea of “social responsibility” and the responsibility of business to take an active, passive or indifferent role in building a more sustainable world read on below, or learn more on triplepundit’s front page. Social responsibility social responsibility and business ethics are often regarding as the same concepts however, the social responsibility movement is but one aspect of the overall discipline of business ethics. Recognizing how important social responsibility is to their customers, many companies now focus on and practice a few broad categories of csr: 1 environmental efforts: one primary focus of corporate social responsibility is the environment businesses regardless of size have a large carbon footprint.
Social responsibility has become increasingly important to companies over the last several years whether it's by empowering women, helping the environment, or trying to end poverty, more and more. Most of the discussion of social responsibility is directed at corporations, so in what follows i shall mostly neglect the individual proprietors and speak of corporate executives in a free-enterprise, private-property system, a corporate executive is an employee of the owners of the business.
The social responsibility of business is to increase its profits by milton friedman the new york times magazine, september 13, 1970 copyright @ 1970 by the new york times company.
Social responsibility is an ethical framework and suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large  social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems. Ignoring your company’s social responsibility could spell disaster in fact, csr should be an active part of your business plan for 2016 it’s never too late to start making a difference consumers frown upon companies that ignore social responsibility and develop unethical reputations.
1 environmental efforts: one primary focus of corporate social responsibility is the environment businesses regardless of size have a large carbon footprint any steps they can take to reduce those footprints are considered both good for the company and society 2 philanthropy: businesses can also practice social responsibility by donating money, products or services to social causes larger companies tend to have a lot of resources that can benefit charities and local community programs. The times, they are a-changin’ so is the way we do business and the way companies present themselves to their customers related: 7 steps to up your corporate social responsibility game ten years ago, only a handful of fortune 500 companies issued sustainability reports.
Social responsibility in business or corporate social responsibility (csr) pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues striving for social responsibility helps individuals, organizations, and governments have a positive impact.
Social responsibility is an ethical framework that obliges every member of the society to act and behave in a manner that benefits the entirety even business organisations have a social responsibility.