Corporate Social Responsibility: Impacts on Workplace, Market Space, Community, Supply Chain and Public Policies

BUSINESS LAW AND
ETHICS (REPORT )

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Corporate social responsibility refers to activities and policies undertaken by
organizations with an intention to have an optimistic influence over the world. The basic purpose
of CSR actions is to enhance the mutual values among establishment's employees, consumers,
shareholders and various community members (Baskentli and et.al., 2019). CSR is responsible
for development of the policies in order to manage company in ethical manner along with
sustaining and fulfils environmental responsibilities. This report will highlight the concept of
CSR activities which plays major role apart from just making profits along with their impacts
over the workplace, market space, community, supply chain and public policies.
MAIN BODY
Corporate social responsibility of any organizations are set according to the international
standards that the responsibility of any organization while taking any decisions regarding any
activity within the society and within the environment under which the firm continues their
work. The firm should be highly ethical and transparent while doing their tasks and contribute
their maximum towards the sustainable development which somehow includes well-being and
health awareness of society through which the establishment takes into account the overall
expectations of the society from the company. The corporate social responsibilities in today's era
compiled with different rules and regulations with the inclusion of current laws which helps the
firm to remain consistent with matching their work with international standards with the
behaviour that are highly required in nature (Sardana and et.al., 2020). Ethical behaviour are
extremely integrated throughout the firm and implement their relationships with their employees
as well as with the consumers in a manner which illustrates the impacts in optimistic ways.
From various perspective, it has been identified that the firms who actively participate
into CSR actions such as the stakeholders from consumers to investors or even workers also are
intimately looked into the matter that the ways in which the companies are help them to handle
the main potential risks that come in front of them at any particular point of time duration. They
have prepared various CSR strategies in a way through which they are able to contribute towards
the betterment of the social affairs in various manner which includes with the help of their
products, resolving environmental issues, health issues, etc. In order to perform better in
collective manner, the organizations contribute their maximum towards the social, economic and
environmental activities so that they actively resolve various issues in optimistic manner