How does corporate social responsibility CSR differ from corporate citizenship?
 Show
Corporate citizenship is how a company exercises its rights, obligations, privileges, and overall corporate responsibility within our local and global environments. The measurement and return on investment (ROI) of corporate responsibility and corporate citizenship is defined by how well companies responsibly manage not only their financial performance but also their environmental and social impact. Whether we call it CSR, Corporate Responsibility, or ESG, great corporate citizenship goes beyond a focus on addressing surface-level sustainability efforts or corporate philanthropy. Today’s leading responsible corporations draw on the collective impact of a variety of initiatives that address an array of trends and emerging issues. What is their secret to making the greatest impact? They select the issues that can be met most directly by their unique resources. By addressing those issues that are most material to your company and industry, you can work with colleagues across your company to develop corporate citizenship programs through which value is shared by shareholders, employees, and other stakeholders—delivering both meaningful social value and a strong financial bottom line. As CSR professionals, we create, execute, and communicate initiatives that address many of the world’s most pressing challenges—issues that affect company operating contexts. The underlying goal of corporate citizenship remains clear: create a better world in which to do business and a better world in which to live. The Boston College Center for Corporate Citizenship is here to help. Below is a sample of the corporate citizenship examples and research we offer our members.Resources and Research on Corporate CitizenshipState of Corporate Citizenship
The State of Corporate Citizenship is a research project of the Boston College Center for Corporate Citizenship that examines how executives view corporate citizenship and their firms' performance in the environmental, social, and governance dimensions of business. Profile of the Practice
The Profile of the Practice is a research project of the Boston College Center for Corporate Citizenship that explores how companies are executing corporate citizenship strategies, and how these practices have evolved to best address social and environmental issues while delivering business value. Corporate Citizenship Strategy
COURSE - Strategic planning is one of the most difficult but critical activities a citizenship professional can do to understand potential value and the steps they must take to reach it. Upcoming Courses in Corporate CitizenshipWEBINAR | Emerging Trends- Year in ReviewDECEMBER 14, 2022 | As we end the calendar year, let’s take a step back to look at emerging trends in corporate citizenship and what they may mean for the industry looking ahead. Join Boston College Center staff for a reflection and discussion of the changes that have occurred in the corporate citizenship space over the past year and what these shifts may mean for the coming year. Enroll Now 2023 Spring Summit for Certificate of Practice in Corporate CitizenshipFebruary 6-10, 2023 - Join us in San Diego to kick-start your Certificate in Corporate Citizenship Practice. This is a great event for DEI officers, community engagement professionals, sustainability executives, and anyone else working toward corporate ESG goals. Enroll Now WEBINAR | Human and Labor Rights in Global Supply ChainsFEB 15, 2023 | Join this webinar to learn about the increasing demand for due diligence in global supply chains and one approach to due diligence that involves connecting directly with workers. Enroll Now The main difference between social responsibility and corporate social responsibility is that corporate social responsibility concerns obligation of business companies to ensure their business benefit the society as well as the environment while social responsibility is the general way of a person(s) being responsible for the societal and environmental benefit. Hence, social responsibility, when applied to business, becomes corporate social responsibility. Ethic and responsibilities are common to anyone, even in the business world. The business world is a diverse and a challenging world; however, there are specific ethics and rules that should be followed in order not to create any discrepancy for any party in the business as well as to the outside society. Corporate social responsibility (CSR) ensures that companies fulfill their social responsibility to the world. Key Areas Covered1. What is Social Responsibility Key TermsBusiness ethics, Corporate Social Responsibility, CSR, Ethics, Social Responsibility Social responsibility is an individual’s or a social entity’s accountability and responsibility to maintain a certain behavior and to contribute to the development of society as a whole. Hence, in general, it means individuals and social entities such as societies, organizations, and companies have a duty to act in the best interests of their environments and society as a whole. Therefore, social responsibility is an ethical framework social individual, and social entities as a whole can follow in order to ensure they act in a way to benefit society at large. Therefore, people can behave and engage in activities that do not harm society and the environment but improves the standards of both. These include, therefore, living in a peaceful way so that it does not harm other people in a society, and not contributing to destroying the environment, etc. Moreover, scientists, researchers etc. should be accountable and responsible when performing experiments and other related activities. They have to make sure that they are not by creating negative consequences to humans or the ecosystem. Social responsibility can happen in both passive and active way such as by avoiding engaging in socially and environmentally harmful acts (passive manner) and by performing activities that directly advance environmental sustainability (active manner). Corporate Social Responsibility or CSR is the social responsibility of business corporations to ensure that their business does not harm but benefit the society and the surrounding environment. Hence, it is a self-regulating business model that assists a company to be socially responsible and accountable to the company itself, to its stakeholders and the general public as a whole. Jen Boyton, the vice president of member engagement at 3BL Media corporation, explains CSR as “Corporate responsibility is simply a way for companies to take responsibility for the social and environmental impacts of their business operations.” Likewise, to make CSR into action business companies use various CSR promoting activities such as philanthropy, and volunteer efforts, environmental conservation programmes (initiating green business policies), and ethical labor practices (treating employees fairly and ethically). By these corporate social responsibility actions, the companies help the society as well as boost their own image and market scope as well. Moreover, by implementing the CSR in a company, a specific company can forge a strong bond between the employees, the stakeholders, the company CEOs as well as with its customers. Eventually, it will not only benefit the environment and society, but it will also increase company profits as well. Thus, undertaking socially responsible initiatives such as CSR activities is truly a win-win situation. Relationship Between Social Responsibility and Corporate Social Responsibility
DefinitionSocial Responsibility refers to the duty of individuals and social entities such as societies, organizations, and companies to act in such a way to benefit their environments and society as a whole. Corporate Social Responsibility (CSR), on the other hand, refers to the social responsibility of the business corporations to ensure that their business processes do not harm, but benefit the society and the surrounding environment. Thus, this is the main difference between social responsibility and corporate social responsibility. UsageThe term social responsibility is used in a general sense whereas when applied to the business world, it is known as corporate social responsibility. Therefore, the term corporate social responsibility is used exclusively in the business world and business jargon. Hence, this is also a difference between social responsibility and corporate social responsibility. AimThe aim of each contributes further to the difference between social responsibility and corporate social responsibility. The aim of social responsibility is to ensure that the individual or the social entity do not harm, but benefit the society as well as the environment while the aim of corporate social responsibility is also the same; however, in CSR the business company aims for their benefits as well. People InvolvedMoreover, another difference between social responsibility and corporate social responsibility is that while social responsibility involves an individual or a social entity, corporate social responsibility involves corporate business companies. ConclusionSocial responsibility and corporate social responsibility are related terms. However, their application makes them distinguishable. Social responsibility, when applied to business, becomes corporate social responsibility. Thus, this is the main difference between social responsibility and corporate social responsibility. Reference:1. Caramela, Sammi. “What Is Corporate Social Responsibility?” Business News Daily, 8 June 2018, Available here. Image Courtesy:1. “480985” (CC0) via Pixabay What is the difference between CSR and corporate citizenship?Corporate social responsibility (CSR) is a broad concept of corporate citizenship that can take various forms depending on the company and industry. Through CSR programs, philanthropy, and volunteer efforts, businesses can benefit society while boosting their own brands.
What is the difference between corporate social responsibility and corporate responsibility?The aim of social responsibility is to ensure that the individual or the social entity do not harm, but benefit the society as well as the environment while the aim of corporate social responsibility is also the same; however, in CSR the business company aims for their benefits as well.
What is the difference between corporate citizenship?A corporation cannot be a citizen in the same way a person can. A corporation can be considered a person as far as its legal status is concerned. The conflation of a corporation with an individual citizen obscures the gaps between individual citizen rights and corporate rights.
What's the difference between corporate social responsibility and corporate culture?Corporate social responsibility (or CSR) is when an organization is mindful of the social and environmental impact of its business, while company culture includes an organization's values, work environment, expectations, and goals.
|
