SIS CHARITY
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Corporate social
responsibility (CSR) refers to business practices involving initiatives that
benefit society. A business's CSR can encompass a wide variety of tactics, from
giving away a portion of a company's proceeds to charity, to implementing
"greener" business operations.
There are a few broad
categories of social responsibility that many of today's businesses are
practicing:
1.
Environmental efforts: One primary focus of corporate social responsibility is
the environment. Businesses regardless of size have a large carbon
footprint. Any steps they can take to reduce those footprints are considered
both good for the company and society as a whole.
2.
Philanthropy: Businesses also practice social responsibility by donating to national
and local charities. Businesses have a lot of resources that can benefit
charities and local community programs.
3.
Ethical labor practices: By treating employees fairly and ethically, companies can also
demonstrate their corporate social responsibility. This is especially true of
businesses that operate in international locations with labor laws that differ
from those in the United States.
4.
Volunteering: Attending volunteer events says a lot about a company's sincerity. By
doing good deeds without expecting anything in return, companies are able to
express their concern for specific issues and support for certain
organizations.
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