Purpose of Corporate Social Responsibility

The continuing commitment by businesses to behave ethically and contribute to economic development while
improving the quality of life of the local community and society at large.

Purpose of Corporate Social Responsibility

  • CSR programmes are internal programmes that businesses use to comply with laws and ethics.
  • Key areas of concern are protecting the environment, the well-being of employees from the community and civil society in general.
  • Businesses seek to promote public interest and do away with harmful practices without the need for any formal legislation.
  • Business operations address the Triple bottom line through CSR programmes by considering its impact on people, profit and the planet.
  • CSR aims at creating a safe working environment for employees.
  • CSR programmes and activities the business undertakes to contribute positively to the community in which the business operates.
  • CSR may take the form of a monetary donation to support local organisations