Question

Assignments :

2. "CSR as a business strategy for sustainable Development"
(15)

Sub: professional ethics

Explain elaborately( the whole concept)

Answer 1

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Abstract

The meaning of CSR (Corporate Social Responsibility) can be defined as below :

" To be social responsible, enterprises “should have in place a process to integrate social, environmental, ethical human rights and consumer concerns into their business operations and core strategy in close collaboration with their stakeholders "

CSR as a business strategy for sustainable Development

1. CSR is deeply linked to the concept of sustainable development and both are “moving targets” that can be achieved only by a process of continuous improvement.
2. CSR can be seen as the way firms balance environmental, social, and economic aspects, trying to be transparent and accountable and establishing better practices to create wealth and improve society.
3. CSR can help to boost sustainable development by the way of eliminating poverty and hunger, educate, house and employ people, secure peace, security and freedom and to preserve the Earth’s life support systems for future generation
4. CSR can help to Changing the quality of growth
5. CSR can help to Meeting essential needs for job food water energy and sanitization
6. CSR can help to Enhancing the resource best natural resources
7. CSR can help to interlink between environment and economics in decision making

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