What are the main criticisms of corporate social responsibility?
Some criticisms include that it can be a form of greenwashing, distract from core business goals, and lack genuine commitment.
Can you explain what greenwashing means?
Greenwashing is when a company exaggerates or falsely claims to be environmentally friendly to improve its public image.
How does CSR distract from core business goals?
Critics argue that focusing on social responsibility can divert resources and attention from profit-making activities, affecting competitiveness.
Are there any successful companies that have balanced CSR and profitability?
Yes, companies like Patagonia and Unilever have successfully integrated CSR into their business models while maintaining profitability.
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