This report provides an analysis of Corporate Social Responsibility (CSR) within the sports industry, addressing both moral and rational arguments for its implementation. Section A delves into the moral and rational justifications for CSR, offering a comprehensive understanding of its significance within the context of sports and events. It explores the ethical dimensions and the strategic advantages of adopting CSR practices, supported by real-world examples. Section B examines various approaches to CSR activities, emphasizing ethical responsibilities, leadership engagement, goal setting, employee education, and project ownership. The report also underscores the importance of celebrating achievements and sharing knowledge to foster a sustainable and impactful CSR strategy. The report also includes references to support the arguments and findings.