FAQs

What is CSR? – Definitions, Terminology
Why CSR? – Key Considerations
Which are the benefits of CSR?
What are the roles of CSR in MNCS?
How the Government will monitor such activity towards CSR properly served to the public ?


CSR (“Corporate Social Responsibility”) is a Company’s Social Responsibility. Social responsibility as defined by ISO26000 is:

The responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour that

  • contributes to sustainable development, including health and the welfare of society;
  • takes into account the expectations of stakeholders;
  • is in compliance with applicable law and consistent with international norms of behaviour; and
  • isintegrated throughout the organization and practiced in its relationships.

Note 1: Activities include products, services and processes
Note 2: Relationships refer to an organization’s activities within its sphere of influence
Note 3: Sphere of influence is the area across which an organization has the ability to affect decisions or activities, where Area can be understood in a geographical sense, as well as in a functional.
Note 4: Stakeholder is individual or group that has an interest in any activities or decisions of an organization


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