Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders.
CSR is a concept with many definitions and practices. The way it is understood and implemented differs greatly for each company and country. Moreover, CSR is a very broad concept that addresses many and various topics such as human rights, corporate governance, health and safety, environmental effects, working conditions and contribution to economic development. Whatever the definition is, the purpose of CSR is to drive change towards sustainability.
Although some companies may achieve remarkable efforts with unique CSR initiatives, it is difficult to be on the forefront on all aspects of CSR. Considering this, the example below provides good practices on one aspect of CSR – environmental sustainability.
According to Forbes-
Companies do CSR because it is onne of the easiest places for a company to start engaging in sustainability is to use it as a way to cut costs. Whether it’s using less packaging or less energy, these savings add up quickly.
“The only reason we’re doing sustainability is to drive the growth of Unilever,” McDonald said in the video mentioned above. Indeed, CSR is an effort to look at the company’s long-term interest.
Here are the examples of those companies who are best at CSR-
Disney, NuSkin, Microsoft, TomShoes etc.
At BrainWeave we help various companies to streamline their CSR projects and its implementation. Because we understand how significant it is to leave an impact on the society as it is not only an obligation but a basis to stand in the market.
It is aiding to collaborate the CSR Initiatives with societies and NGOs.
It is a kickstart for BrainWeave in the right direction with the aim to be on top.