Social responsibility

Meaning:
Social responsibility refers to the idea that individuals and
organizations have a responsibility to act in a way that benefits society as a
whole, beyond simply maximizing profits or achieving individual goals. It
encompasses actions that contribute to the well-being of society, such as
protecting the environment, promoting ethical behaviour, and supporting social
causes.

Social responsibility involves recognizing that our actions have an impact beyond
ourselves and our immediate surroundings. It is a way of thinking about how our
decisions and actions affect others and the world around us.

Definition:
definition of social responsibility is "the obligation of organizations to
take actions that protect and improve the welfare of society as a whole along with their
own interests".

Social responsibility refers to the ethical obligation of individuals, organizations, and

businesses to act in ways that benefit society at large, beyond their own self-interest. It
involves considering the impacts of one's actions on others and making decisions that
promote social welfare and sustainability.

Examples:
Examples of social responsibility can include:

A. Philanthropy: donating money or resources to support social causes and charities.

B. Environmental sustainability: implementing policies and practices that reduce

environmental impact, such as reducing carbon emissions, conserving resources,
and minimizing waste.
C. Ethical labor practices: treating employees fairly and ensuring safe working
conditions, providing fair wages and benefits, and promoting diversity and
inclusion.

D. Community involvement: supporting local communities through volunteering,

sponsoring community events, and supporting local businesses.

E. Consumer protection: ensuring that products and services are safe, high-quality,
and fairly priced, and providing accurate and transparent information to
consumers.