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CORPORATE SOCIAL RESPONSABILITY, Differences and Definitions: - Coggle…
CORPORATE SOCIAL RESPONSABILITY
ETHICAL RESPONSIBILITY
It involves maintaining high ethical standards in all business operations and decisions.
Integrity:
The quality of being honest and having strong moral principles.
ENVIROMENTAL RESPONSIBILITT
This reders to a company's efforts in enviromental conservatiosn and waste reduction
Conservation Efforts:
Actions taken to preserve and protect the environment.
Waste Reduction:
Initiatives to minimize waste and promote recycling.
PHILANTROPIC RESPONSIBILITY
This entails donations and charitable activities aimed at improving society and communities.
Donations:
Contributions made to charitable causes and organizations.
Differences and Definitions:
Environmental Responsibility vs. Ethical Responsibility:
Environmental Responsibility focuses on a company's impact on the environment and its efforts to minimize that impact.
Ethical Responsibility pertains to a company's commitment to conducting its business with integrity and adhering to ethical principles in all aspects.
Environmental Responsibility vs. Philanthropic Responsibility:
Environmental Responsibility concentrates on sustainability and environmental conservation.
Philanthropic Responsibility involves giving back to the community through charitable donations and social initiatives.
Ethical Responsibility vs. Philanthropic Responsibility:
Ethical Responsibility is about upholding moral values in business practices.
Philanthropic Responsibility is about making positive contributions to society and communities through donations and social programs.