The term corporate social responsibility is a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment .It is represented by the contributions undertaken by companies to society through its business activities and its social investment.

 

Over the last years an increasing number of companies worldwide started promoting their Corporate Social Responsibility strategies because the customers, the public and the investors expect them to act sustainably as well as responsibly. In most cases CSR is a result of a variety of social, environmental and economic pressures.

 

Corporate Social Responsibility refers not only to the compliance of human rights standards, labour and social security arrangements, but also to the fight against climate change, sustainable management of natural resources, consumer protection, philanthropy and volunteering.