What is Corporate Social Responsibility, CSR?

Corporate means business, social means people, and the responsibility here refers to = environment =  forthings you have to do. It is about how your company balances between the environment, economic, and social factors. Let’s talk about CSR, Corporate social responsibility. What exactly does it mean?

• Global Warming
• Diminuendo Natural Resources
• The Extinction of various Animal and Plant species
• Global population increase and migration (the global population can increase up to 10 billion)

Including others, these are some of the genuine ecological and social problems we face today. The need of the time is how we can address these issues while ensuring food, education, and health for all. How can we ensure that economic development and technological progress benefit a great number of people?

Faced with these challenges, a more sustainable developmental approach becomes necessary.

This requires the commitment of all, international organizations, governments associations, companies, citizens, in short everyone is concerned.

What Should The Company Do?

The general objective is to combine financial progress, social integrity, and ecological preservation. Based on corporate social responsibility, a company can guarantee that its economic growth and financial benefits are favorable to everyone in society. Its sellers, workers, customers, suppliers, and the local population in short all its shareholders get benefits.

While reducing its influence on the planet, and depending on the sector of activity, the challenges,tasks and specific issues vary from company to company.

Let’s Take a Pharmaceutical Company.

It can act responsibly in many ways. For example, offer as many people as possible safe and quality medicines.  Keep in mind the requirements of patients by supporting and helping them throughout their healthcare. And for all companies being accountable also means taking care of its workers and guaranteeing their security at work

It also means being compliant with the application of the various laws and regulations as well as defining ethical business practices. It also means reducing the environmental impacts of its production sites and choosing less polluting modes of transport

What Should Be The Ambition Of The Responsible Company

The ambition for the responsible company is to contribute to

• An economically efficient
• Socially equitable
• Environmentally sustainable development

A company should contribute to the mentioned parameters whilst ensuring profitability and economic growth.

As such corporate social responsibility CSR, is now recognized as a real performance driver, particularly it encourages innovation, reduces costs, and brings employees together around a meaningful project. Within our daily activities, both individually or collectively we can all be part of this evolution and that’s what inspires

Purpose of CSR

• To recognize & improve influence on the public & environment
• Brand development and enhancement
• Market differentiation
• Satisfaction of workers

And at a server, CSR is a conviction resulting in concrete actions implemented with enthusiasm. Global Right Concert main goal is to create awareness about CSR among the people and companies for healthy and beneficial relationship between companies, society and environment.