How Corporate Social Responsibility works
Until a few years ago, companies were dedicated to producing only trying to do so with the minimum possible costs and increasing profits to the maximum. However, little by little the social conscience has been creating new concerns that companies should take into account, such as good human resources policies or respect for the environment . These issues are responsible for corporate social responsibility, whose operation we will explain in this article.
What is corporate social responsibility
We can understand Corporate Social Responsibility or CSR as all those activities carried out by the company that go beyond the simple pursuit of maximum benefit, but are focused on improving the environmental, social and economic situation of the area where they perform its activities and the population as a whole.
In this way, companies manage to improve their image for the rest of the world, investors and especially consumers. It is not only a matter of complying with the standards imposed by governments and international organizations, but of taking a step beyond what these standards require, in such a way that companies that demonstrate this responsibility, demonstrate that they are truly committed to the environment that surrounds them.
Commitments subject to Corporate Social Responsibility
Among the different obligations carried out by companies to reaffirm their corporate social responsibility, it is very common to carry out the following:
- Act fairly with workers and clients.
- Promote the increase of the country's wealth.
- Fight against corruption.
- Supervision of waste management, carrying out plans for its treatment.
- Promote sustainable development.
- Activities that stop the advance of climate change.
- Improvement of the reputation and image of the company.
- Respect for the law
- Maintain ideal working conditions.
- Conscientious use of natural resources.
In also you can consult How to apply social responsibility in a company.