Meaning of corporate social responsibility | Babel Free

Definitions

A form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature.

uncountable

Examples

“Far too often, those defending or advocating for corporate social responsibility are interested in diminishing the status of capitalism, profit seeking, self-interest, and/or neoclassical economics. But I think one can embrace corporate social responsibility without this baggage.”

“The company's move isn't an act of corporate social responsibility—it’s a response to labor economics that others may soon follow.”

“There are normally anti-embarrassment clauses in such arrangements and, from a corporate social responsibility point of view, the upside of standing by a tarnished individual is often outweighed by the downside.”

CEFR level