Aspects Of Corporate Social Responsibility

Corporate social responsibility (CSR) is the way a corporation achieves a balance among its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. It is known by many names, including corporate responsibility, corporate accountability, corporate ethics, corporate citizenship, sustainability, stewardship, and triple-E bottom line (economical, ethical, and environmental). CSR is a general management concern; that is, it is important to all aspects of business, and it is integrated into a corporation’s operations through its values, culture, decision making, strategy, and reporting mechanisms.

CSR is important because the business system is the mechanism selected

The resources of society could be used by the corporation to make profi ts as long as the corporation complied with the few rules imposed by governments to check abusive practices. The market system provided the regulation necessary to police the system, and profi ts provided incentive and ensured effi ciency. The work ethic and self-interest were the guiding principles of the system. By making a profi t, corporations contributed to a growing, healthy economic system that provided employment and adequate incomes for all. In other words, corporate social responsibility was to operate profi tably, and the corporation could not survive without profi ts, much less play a social role.

More recently, there has been a belief that business exists for more than profi ts (or economic goals), with the public expecting something else from business. As a result, the original concept of social responsibility involving the maximization of profi ts has been modifi ed.

Although profi ts are to be made, social, as well as economic, goals are to receive attention.

Society depends on business to achieve social as well as economic goals—that is, social responsibilities are placed on

A few things you can do to get started today: Switch to compact fluorescent lighting, unplug your gadgets,

2. Make Safe, Sustainable Seafood Choices

Sustainable seafood symbolises a healthy relationship with our oceans that can sustain forever. Sustainable seafood is seafood that is either caught or farmed in ways that consider the long-term vitality of harvested species and the welfare of the oceans, as well as the livelihoods of fisheries-dependent societies. Global fish populations are rapidly being depleted due to demand, loss of habitat, and unsustainable fishing practices. When shopping or dining out, help decrease the demand for overexploited species by choosing seafood that is both healthy and sustainable.

3. Use Fewer Plastic Products

Research goes to show that approximately 80 percent of marine pollution comes from land pollution. So, one of the key ways to reduce sea pollution is to carefully reduce land pollution every chance we get. One of the major sources of land pollution are plastics. Plastics that finish off as ocean rubble contribute to habitat destruction and trap and kill tens of thousands of marine animals each year. To limit your influence, carry a reusable water bottle, store food in non-disposable containers, bring your own reusable bag when shopping, and recycle whenever