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Corporate Social Responsibility and its Benefits: An Analysis of the International Framework in the UK

   

Added on  2023-06-08

9 Pages2823 Words102 Views
Law and Ethics ( Pass
Criteria)

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
CONCLUSION ...............................................................................................................................8

INTRODUCTION
Corporate Social Responsibility refers to the practice and policies that are adopted by the
corporations that have a positive impact on the world. It is the concept where companies indulge
through social and environmental concerns for operations of business. Its purpose is to serve
corporations in order to achieve the social objectives for growth and development of the
organisation. It also intends to increase or maximize its profits by adhering to the corporate social
responsibility for the organisation (Alhouti, and D’Souza, 2018). The main benefit of CSR for
corporations is that it helps in increasing the sales of the company by effectively saving its costs
with better performance and also gaining the loyalty of its customers. The main objective of CSR
is to reduce the externalities from the environment, facilitating positive interaction among the
employees and contributing towards the society by doing charity. This essay will cover the
various aspects of Corporate Social Responsibility in relation to international framework of
United Kingdom.
TASK
A business framework is a set for the organisation to enhance and improve its internal and
external system for development of the corporation. The efforts that company make in improving
the social, environmental aspect of the corporation for its overall development and proving to be
safe and efficient for the society as well (Isaksson, and Mitra, 2019). The main purpose of CSR is
to contribute towards the society by serving the community in such a way that it adds value to the
society and leaves a positive impact. Corporations are rapidly turning towards the practice of
CSR to build a productive system for the organisation and to enhance the brand value for growth
of the company. When the operational framework of the company adheres to the ethical and
sustainable procedure for dealing with social and environmental changes in order to have a
positive and influential impact (Beck, Frost, and Jones, 2018). The valuable contribution towards
the community or society by imparting positive attribute towards the corporation helps in
considering the social and environmental changes for benefit of the organisation.
Corporate Social Responsibility helps in demonstrating the social responsibility for the
operational work of the organisation. In today's time, consumers are becoming aware of the

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