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Four Types of Corporate Social Responsibility | Wachs Strategies

Have a look at this presentation to explore different types of Corporate Social Responsibility programs and how companies get involved in these programs. It helps to ensure that you get the best value from each of them. To get the best CSR consulting visit Wachs Strategies - https://www.wachsstrategies.com

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Four Types of Corporate Social Responsibility | Wachs Strategies

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Presentation Transcript

  1. Wachs Strategies Types of Corporate Social Responsibility Programs By implementing CSR, organizations are conscious about the impact they have on the community besides business transactions.

  2. What is CSR? Corporate social responsibility is a corporation approach that assures the facility’s services are profitable and ethical for society. Although the most company objective is to obtain benefits, focusing exclusively on productivity isn’t enough in the current world.

  3. Types of CSR Programs • 1 • Philanthropic Corporate Social Responsibility • 2 • Environmental Corporate Social Responsibility • 3 • Ethical Corporate Social Responsibility • 4 • Economic Corporate Social Responsibility

  4. Philanthropic Corporate Social Responsibility • Organizations satisfy their philanthropic duty by giving their time, money to good cause and associations at public or worldwide levels.

  5. Environmental Corporate Social Responsibility • Environmental CSR involves the assessment of the company’s production difficulties to locate wasteful activities and destroy them from the business structure.

  6. Ethical Corporate Social Responsibility • Ensuring fair labor practices for employees means that there will be no gender, race, or religious discrimination among the employees. It ensures that each employee will be given equal pay for equal work.

  7. Economic Corporate Social Responsibility • It is an interconnected domain that concentrates to find some kind of equivalence between business, environmental, and philanthropic works.

  8. Businesses can improve their public image by supporting nonprofits through volunteerism and making monetary or materialistic donations to build strong partnerships with their consumers and the community alike. With these 4 types of CSR programs, you can take your CSR programs to the next level and ensure that you get the best value from each of them.

  9. Looking for a CSR Consulting firm for your Business? You can consider Wachs Strategies, a CSR consulting firm. We work closely with clients and help to move the needle on pressing social problems while elevating visibility and achieving business objectives. Wachs Plans provides social influence consulting to companies so as to come up with a cohesive plan that raises both their enterprise and impact bottom lines.

  10. Thank you! Source: https://www.wachsstrategies.com/

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