CSR (Corporate Social Responsibility) – Description
Rotary International style community service and sustainable development activities are often strengthened through CSR partnerships between companies and social organizations.
Corporate Social Responsibility (CSR) is a concept where companies and business organizations contribute towards the social, economic, and environmental development of society while conducting their business operations responsibly and ethically. CSR reflects a company’s commitment to give back to society and create a positive impact on communities.
In India, CSR has become an important part of corporate governance under the provisions of the Companies Act 2013, where eligible companies are required to spend a portion of their profits on social welfare activities.
