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Corporate Social Responsibility And Its Effects On Environmental And Social Wellbeing Essay

Decent Essays

Corporate social responsibility is something that is practiced in every company. However, every company is different and is portrayed in the way they complete their Corporate social responsibilities. Because of this, each company is unique, especially Ben and Jerry’s. Ben and Jerry’s needs very specific corporate social responsibilities and because they are environmentally friendly.
First, what is CSR? CSR is corporate social responsibility, which “refers to business practices involving initiatives that benefit society. A business 's CSR can encompass a wide variety of tactics, from giving away a portion of a company 's proceeds to charity, to implementing "greener" business operations” (Sammi Caramela). “Corporate social responsibility is a corporation’s initiative to assess and take responsibility for the company’s effects on environmental and social wellbeing. The term generally applies to efforts that go beyond what may be required by regulators or environmental protection groups” (Corporate Social Responsibility).
There are four main categories of social responsibility that many companies are partaking in: environmental efforts, philanthropy, ethical labor practices, and volunteering. As for environmental efforts, every company whether small or big has a large carbon footprint. Any movements a company makes to reduce that will benefit both the company and society as a whole. For philanthropy, companies are socially responsible for donating to large and small charities.

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