Corporate social responsibility is a company's sense of obligation towards social and physical environments in which it operates.
Most arguments both for and against CSR are based on how a company's attempts to be socially responsible affect its bottom line.
Social responsibility audits are a process of evaluating a corporation's social responsibility performance.
One type of corporate social responsibility focuses on three key dimensions of sustainability—environmental, social, and economic.
Philanthropic corporate social responsibility involves donating funds, goods, or services.
According to the ecocentric model of CSR, environmental protection and sustainability are more important than economic or social benefits.
CSR provides a financial return in the form of lower costs, higher revenue, and returns to investors.