Answer to Question #153910 in Management for Wajahat Ali Raki

Question

What is CSR? Why it is necessary to adopt CSR by the organization/companies?

Answer 1

Corporate Social Responsibility (CSR) is a self-regulating corporate model that enables a business to be socially accountable to itself, the public, and stakeholders. CSR is an important element of corporate public relations because it paints the business as being ethical, focused on environmental sustainability, and mindful of the wellbeing of the community.