What is corporate social responsibility?
An example of an AI chatbot conversation about corporate social responsibility.
What is corporate social responsibility?
Corporate social responsibility (CSR) refers to a company's commitment to conducting business ethically and contributing to economic development while improving the quality of life for its workforce, their families, the local community, and society at large.
Can you give me some examples of CSR initiatives?
Sure! Examples include environmentally sustainable practices, community engagement programs, ethical labor practices, and charitable donations.
Why is CSR important for businesses?
CSR is important because it helps build trust with consumers, enhances brand reputation, attracts talent, and can lead to long-term profitability.
How can a company implement CSR effectively?
A company can implement CSR by assessing its impact, engaging stakeholders, setting clear goals, and regularly reporting on progress.
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