Corporate social responsibility (CSR) has now become a mainstream business practice. But it has gone through several stages and its meaning has been changed with time. From a simple deed of charity by some industrialist, it has evolved into being a good business practice with a huge socio-economic impact. Today corporates closely involved in CSR are recognised worldwide through awards and adulations. Such recognitions give a good boost to the image of these companies as well. Every country has a different way of reporting CSR, but in India CSR is officially a law. After making it a law, India has witnessed large amount of investments from the private sector for social good. All over the world CSR has created a huge impact. It is for this reason that many see CSR as the route through which NGOs, private sector, and governments can come together to fulfil SDG2030.
Understand what CSR is and the importance of it
Difference between CSR and Philanthropy
History behind CSR and what role it can play in achieving SDG 2030