corporate social responsibility
noun
UK/ˌkɔː.pᵊr.ət ˌsəʊ.ʃᵊl rɪˌspɒn.sɪˈbɪl.ə.ti/
US/ˌkɔːr.pɚ.ət ˌsoʊ.ʃᵊl rɪˌspɑːn.səˈbɪl.ə.t̬i/
Definitions of corporate social responsibility noun
- Uncountablebusiness
the concept that a company should actively consider and support the welfare of society and the environment, in addition to focusing on its products and profits.
The company demonstrated its corporate social responsibility through various initiatives, including reducing carbon emissions and supporting local communities.
Many investors now consider a company's social responsibility record when making investment decisions.
The corporate social responsibility report detailed the company's efforts in environmental protection and social equity.