Corporate Social Responsibility

    Corporate Social Responsibility (CSR)

The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their company.

Corporate Social Responsibility (CSR) is the funding and grants process under which Non-Profit Organizations (NGOs) can get financial and other support from the corporate sector.

The fashion industry is the second largest polluter, according to The CSR report. Today, fashion brands are becoming more aware of the social responsibility that comes with the accountability of running a company. Fashion companies that take Corporate Social Responsibility (CSR) do their part by helping the environment by creating company wide initiatives. 

WHAT DOES CORPORATE SOCIAL RESPONSIBILITY MEAN?

“Means a business’s obligation to pursue achievable and good long-term goals for its people and the world at large.”

When it comes to practicing corporate social responsibility, a company can uphold its image to consumers in a positive way. When companies do practice good corporate social responsibility, it empowers the leaders and employees to leverage their resources to do good. And, those actions are not only for the environment but for the global community as well. Through philanthropic help and volunteer efforts, these types of activities can produce a positive work environment for employees, meaning a stronger company bond. 

Businesses that create positive corporate social responsibility are able to engage better with their consumers, which also creates trust.