Extent of Corporate Social Responsibility (CSR) Adoption by Corporations

Essay on the extent to
which corporations take
Corporate Social
Responsibility (CSR)
Seriously.

Table of Contents
INTRODCTION...................................................................................................................................4
MAIN BODY.......................................................................................................................................4
CONCLUSION....................................................................................................................................7
REFERENCES.....................................................................................................................................8

INTRODCTION
CSR is a framework which depicts a businesses commitment and accountability for
contributing in the community from several social and environmental measures. This plays an
important role in company's brand image, for attracting the customers, employees and all other
stakeholders who are involve in the business for the success. This is adopted by the company to
possess a positive impact on the society. It includes the respect of the employees, giving back to the
society, promotes equality and diversity at the firm or an organisation, poverty eradication,
corruption, sustainable development and also assures that the decision-making in businesses are
ethical. The corporate social responsibility is essential for both society as well as company, it can be
small or mid size company also(Barnett, Henriquesand Husted, 2020).This activity can perform
either by involving the internal employees or by hiring an other party to conduct this activity. The
corporate social responsibility is operated world wide including UK and other international areas.
This essay includes the entire learning about the Corporate Social Responsibility, how it is adopted
by the company, the impact of CSR on environment and society, framework of CSR, their theories
and many more.
MAIN BODY
In today's era the company is judged by the activity it performs and how it effect the society,
through the different perspective of employees, customers and stakeholders which are involved ion
the businesses. The CSR is basically creating a share value for the society. This is a relation of give
and take it means when the company takes anything from the society and community, they have to
return it in any form. Such as when a paper manufacturing industry cut down the trees for making a
paper then in return company also do a campaign of tree plantation. The corporate social
responsibility is a process in which the company compounded the environment and social concern
in their business and interact with the company's stakeholder's. The CSR is to render the social,
economical and environmental services to the society. This activity is done for the sake of company
and society to remain sustainable. It has focused on three major areas that is knowledge, well being
and environment. This three components are also based on the principles of CSR that change
modification, diversity, innovative and leadership which affects the stakeholders like society,
government organisation, investors, employee's and customers. This components are implemented
in different scenario's at different situation(Rhou and Singal, 2020).
The first component is knowledge in which the company raise awareness
about the waste education programmes which includes the 3R's. This is used to spread the
knowledge about waste. This can be done through education and innovation. Education includes the