Corporate Social Responsibility (CSR) is the impact that a company has on the world around them, on their employees, society, the environment, and the economy.
But why is this such an important concept?
Because aside from our own moral compass and ethical values, our company’s ethics are important to our clients. Take, for example, fast fashion. Consumers want to be at the forefront of fashion but not if the cost is the exploitation of workers who may be suffering in inhumane working conditions. A clear CSR approach can reassure customers that you share their values and active promotion of your values and the actions you are taking will increase awareness and recognition of your business.
If you are interested in learning more about CSR, a good place to start is the Institute of Corporate Responsibility and Sustainability.