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Wednesday

Corporate Social Responsibility (CSR)

Hello everyone!

Last english lesson we were listening an audio about corporate social responsibility. There, six speaker gave their statements.

The main points that were mentioned were that CSR can have many positive effects on a business, but it's not an option for any business. If a company is surviving hard times, it will not be able to afford to spend money on talented people.

There are several ways in which CSR can help companies cut costs or increase profits, such as: Reduce energy and fuel consumption or lower bills to save money.
A spokesman said that social responsibility for a company in the global market could be harmful. The reason for this is that cleaning the environment, ensuring product safety or spending too much.

I don't really have an opinion on this subject because I have not dealt with that topic before. But I think that it's not an unimportant topic.