Corporate social responsibility (CSR) is the idea that businesses should not only make a profit, but also take care of the world around them. It’s an investment that looks after the best interest of both the firm and its surrounding environment. A long-term strategy designed to improve sustainability, stakeholder wellbeing and corporate reputation. This article will identify the two types of CSR, showcase their benefits, and give a real-life example of the CSR initiatives at Bibby Financial Services.
