Should Your Business Care About CSR? Here is the Honest Answer

In a business ecosystem, the core responsibility for companies had always been to generate revenue and boost shareholder value. Today, it also encompasses responsibilities like helping the environment, serving the community, improving working conditions and following ethical practices. This new movement is called CSR or Corporate Social Responsibility. CSR defines the company’s efforts to strike a fine balance between economic, social, and environmental causes while addressing the concerns of shareholders and stakeholders. Here’s more about why and how your business should care about CSR.