CSR Full Form

What is the full form of CSR?

The full form of CSR is Corporate Social Responsibility. It is defined as a business structure that allows a business to be accountable to the public towards its public & stakeholders to make it aware of its effect on various facets of society, like social, economic & environmental facets.

CSR aims to incorporate economically valuable services and activities into an organisation’s business model and culture. It strictly implies that companies must lead to social, economic & environmental growth, which positively affects society. To support the weaker segment of society and protect the environment, the government keeps a close watch on the CSR component of firms as it requires private sector participation.

Demands of CSR

To create a positive effect on society, CSR allows businesses to control their operations. It states that a firm should also carry out its social obligations along with doing corporation, which may involve,

  • Monetary gifts to different non-profit organizations
  • Helping individuals with natural disasters such as hurricanes, earthquakes, & drought
  • Talent promotion in the fields of sports, entrepreneurship, and cultural events.
  • Take steps to decrease air & water pollution and so on.
  • Corporations are expected to set up a CSR committee that approves the board’s CSR planning and policy practices.
  • The act also includes penal provisions for companies that do not comply with CSR requirements.


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