What is the difference between social responsibility and corporate social responsibility

The main difference between social responsibility and corporate social responsibility is that corporate social responsibility involves companies' obligation to ensure that their business benefits society and the environment, while social responsibility is the general way in which a person (s) is responsible for society and environmental benefits. Therefore, when applied to companies, social responsibility becomes corporate social responsibility.

Ethics and responsibility are common to everyone, even in the business world. The business world is a diverse and challenging world; However, there are specific ethics and rules that should be followed so as not to create discrepancies for any party in the company as well as for the outside world. Corporate Social Responsibility (CSR) ensures that companies meet their social responsibility towards the world.

Key areas covered

1. What is social responsibility - definition, characteristics 2. What is corporate social responsibility - definition, characteristics 3. What is the relationship between social responsibility and corporate social responsibility - outline of the similarities 4.What is the difference between social responsibility and corporate social Responsibility - Comparison of the main differences

key terms

Business ethics, corporate social responsibility, CSR, ethics, social responsibility

What is the difference between social responsibility and corporate social responsibility

Social responsibility is the accountability and responsibility of a person or a social unit to maintain certain behavior and to contribute to the development of society as a whole. Therefore, it generally means that individuals and social entities such as societies, organizations and corporations have an obligation to act in the best interests of their environment and society as a whole.

Therefore, social responsibility is an ethical framework that the social individual and social units as a whole can follow to ensure that they act for the good of society as a whole. Hence, people can behave and engage in activities that do not harm society and the environment, but improve the standards of both. This includes living a peaceful life so that it does not harm other people in a society and does not contribute to the destruction of the environment, etc.

In addition, scientists, researchers, etc. should be accountable and accountable in conducting experiments and other related activities. You need to make sure that it doesn't by causing negative consequences for humans or the ecosystem.

Social responsibility can be passive as well as active, for example by avoiding socially and environmentally harmful actions (passive) and carrying out activities that directly promote ecological sustainability (active).

Corporate social responsibility or CSR is the social responsibility of companies to ensure that their business does not harm society and the environment, but benefits from them. Hence, it is a self-regulating business model that helps a company to be socially responsible and accountable to the company itself, its stakeholders and the public as a whole.

Jen Boyton, Vice President of Member Engagement at 3BL Media Corporation, explains CSR: "Corporate responsibility is simply a way for companies to take responsibility for the social and environmental impact of their business."

To put CSR into practice, companies use various CSR-promoting activities such as philanthropy and volunteering, environmental protection programs (initiation of green business guidelines) and ethical work practices (fair and ethical treatment of employees). With these corporate social responsibility measures, companies help society as well as their own image and market presence.

In addition, by implementing CSR in a company, a particular company can build strong bonds among its employees, stakeholders, the company's CEOs, and its customers. After all, it will not only benefit the environment and society, but also increase company profits. Therefore, running socially responsible initiatives like CSR activities is really a win-win situation.

Relationship between social responsibility and corporate social responsibility

  • Corporate social responsibility is when a company realizes its social responsibility towards society and its external environment. Therefore, CSR is a form of social responsibility, but it is used in the specific corporate world. Both are therefore ethical frameworks.
  • In addition, the ultimate goals of corporate social responsibility and corporate social responsibility often overlap.

definition

Social responsibility refers to the duty of individuals and social units such as societies, organizations and companies to act in a way that benefits their environment and society as a whole. Corporate Social Responsibility (CSR), on the other hand, describes the social responsibility of companies to ensure that their business processes do not harm society and the environment, but rather benefit. So this is the main difference between social responsibility and corporate social responsibility.

purpose of use

The term social responsibility is used broadly while in the business world it is referred to as corporate social responsibility. Therefore, the term corporate social responsibility is only used in the business world and in business jargon. Hence, this is also a difference between social responsibility and corporate social responsibility.

target

The goal of each individual further contributes to the difference between social responsibility and corporate social responsibility. The aim of social responsibility is to ensure that the individual or social unit does not harm society and the environment but benefits society and the environment, while the aim of corporate social responsibility is the same; In the case of CSR, however, the company also strives for its benefits.

Involved people

In addition, another difference between social responsibility and corporate social responsibility is that social responsibility affects an individual or a social unit, while corporate social responsibility affects corporate entities.

diploma

Social responsibility and corporate social responsibility are related terms. However, their application makes them distinguishable. Social responsibility, when transferred to companies, becomes corporate social responsibility. So this is the main difference between social responsibility and corporate social responsibility.

Reference:

1. Caramel, Sammi. “What is Corporate Social Responsibility?” Business News Daily, June 8, 2018,available here .2. Chen, James. Corporate Social Responsibility (CSR). Investopedia, Investopedia, February 11, 2019, available here .3. Caramel, Sammi. “What is Corporate Social Responsibility?” Business News Daily, June 8, 2018,available here . 4. “Social Responsibility”. Wikipedia, Wikimedia Foundation, January 14, 2019, available here .

Image courtesy:

1. "480985" (CC0) via Pixabay 2. "CSR-Framework - Wert1" By Touro - Own work (Public Domain) via Commons Wikimedia 3. "9848Caloocan City Barangays Landmarks 49" By Judgefloro - Own work (CC0) via Commons Wikimedia

What is the difference between social responsibility and CSR?

Social responsibility is an ethical framework and suggests that a company has an obligation to act for the benefit of society and the community at large while on the other hand CSR relates to the continued commitment by companies to behave ethically and to contribute to the development of the economy while improving ...

What is the difference between social responsibility and corporate governance?

Corporate governance demands that executives make their companies more transparent and accountable; social responsibility demands that companies support society with their activities, and business ethics clarifies moral norms for employees.

What is the relationship between corporate social responsibility?

Corporate Reputation and Corporate Social Responsibility CSR allows a company to be aware of its impact on all elements of society, including economic, social, and environmental issues, and being a socially responsible firm can help the image and brand of a company.

What is the relationship between corporate governance and social responsibility?

The relationship between good corporate governance and social responsibility helps corporations keep things in good balance. It also supports the company's efforts to develop control mechanisms, increasing shareholder value and improving satisfaction among shareholders and stakeholders.