editedbook

CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABILITY

Area/Stream: Management,
Authors: Dr. Mamta Mishra (Tiwari)
Keywords: Corporate social responsibility, The Triple bottom line, sustainable development goals, ISO 26000
Book Name /series: Futuristic Trends in Management, Volume 2, Book5, Part 1, Chapter 8
Publication: IIP Proceedings

Year: 2022,
Month: November

Page No: 71-80,
ISSN/ISBN: 978-93-95632-91-1,
DOI/Link: https://www.rsquarel.org/assets/docupload/rsl202358199EC3D86BD2A.pdf


Abstract:

An organization's responsibility towards society for implementing sustainable business practices is called as Corporate social responsibility (CSR). CSR comprises of the activities of an organization which have its impact on society. It is a medium by which an organization can take care of a large number of its stakeholders and also nature. Earlier CSR was considered only as charity; but slowly it expanded to philanthropy. In today’s era CSR also addresses various social issues, leading to sustainability and better governance and also taking up efforts for development of society and people. Through this chapter, the readers can know the reasons and factors responsible for growth of CSR in India. Organizations should take the responsibilities to do business in a socially, economically and environmentally responsible manner to survive for a longer period. While they earn profits, they should simultaneously take up activities and business practices that are beneficial to society and planet. They can extend support through charity, sharing of human resources, developing greener business operations, etc. Needless to say, that CSR practices the concept of give and take.

Cite this: Dr. Mamta Mishra (Tiwari),"CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABILITY", Futuristic Trends in Management, Volume 2, Book5, Part 1, Chapter 8, November, 2022, 71-80, 978-93-95632-91-1, https://www.rsquarel.org/assets/docupload/rsl202358199EC3D86BD2A.pdf
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