Essentially, corporate social responsibility is an acknowledgement by business leaders that

companies have an ethical responsibility to do more than make profits.  Creating a culture of
ethics and respect for the individual involves giving back to the community and using
sustainable business practices. It has been socially responsible behaviour that has been at
the forefront of corporate awareness since the 1960s. It is the responsibility of businesses to
ensure that society is not negatively impacted by its activities. Therefore, companies should
consider how their actions may affect the community in their day-to-day operations. As a
general rule, companies should look at four primary areas of social responsibility and act
ethically in all of them. As individuals, we should be aware of these areas of social
responsibility. (Carroll, 1991)

Source from https://www.financialeducatorscouncil.org/corporate-social-responsibility-definition-and-history/

 Economic aspects to show social responsibility.

Business survival depends on maintaining vital economic interests. A company's

social responsibility includes being profitable and providing value to
shareholders. The ultimate goal is not only to maximise profits but also to positively
impact the environment, people, and society as a whole.

 Legal aspects to show social responsibility.

Corporations may fulfil welfare state goals based on statutory or political mandates
through social responsibility. Socially responsible companies may contribute to the
integration of immigrants, education and training, access to health services, and
employees' financial security after retirement; (Buhmann, 2006). For example, The
car industry must comply with specific emission standards when producing cars.
  Ethical aspects to show social responsibility
Taking ethical action means going above and beyond the legal requirements and
meeting society's expectations. Taking ethical action means going above and beyond
the legal requirements and meeting society's expectations. The concept of social
responsibility is based on the belief that individuals are responsible for fulfilling their
civic obligations and that their actions must benefit society as a whole. It is, therefore,
necessary to strike a balance between economic growth and the welfare of society
and the environment.(Potocan et al., 2013)
Examples of Evidence of Ethical Responsibility
 Partnerships, collaborations, and teamwork.
 Learning through service.
 Volunteer work.
 Participate in social/political action activities, engage in community advocacy,
and advocate for social causes.
 leadership roles
 .Ethical training certificates.
 Teaching others
 Conducting training, leading workshops.

 Philanthropic aspects to show social responsibility

A company is expected to donate time, money, and goods to society as charitable

donations. Money is not the best type of donation unless the organization is a financial
institution. To support charities, an organization should provide for them from the
proceeds of its activities. IT companies should donate some of their IT products to
charity, and construction companies should do the same. Secondly, continuous charity is
better than discontinuous charity.(Masoud, 2017)

Buhmann, K. (2006). Corporate social responsibility: what role for law? Some aspects of law and CSR.
Corporate Governance: The international journal of business in society, 6(2), 188-202.
Carroll, A. B. (1991). The pyramid of corporate social responsibility: Toward the moral management
of organizational stakeholders. Business horizons, 34(4), 39-48.
Masoud, N. (2017). How to win the battle of ideas in corporate social responsibility: the International
Pyramid Model of CSR. International Journal of Corporate Social Responsibility, 2(1), 1-22.
Potocan, V., Mulej, M., & Nedelko, Z. (2013). The influence of employees’ ethical behavior on
enterprises’ social responsibility. Systemic practice and action research, 26(6), 497-511.