Corporate Social Responsibility: Integrating Ethics and Sustainability into Business Practices

Abstract

In the contemporary business environment, corporate social responsibility (CSR) has emerged as a critical imperative. This article explores the concept of CSR, highlighting its key aspects and the importance of integrating ethics and sustainability into business practices. The paper discusses the benefits of CSR for businesses and society, including improved stakeholder engagement, enhanced brand reputation, risk management, and increased profitability. It also examines the challenges of implementing CSR effectively, such as balancing economic interests with social and environmental goals, measuring and reporting on CSR initiatives, and navigating complex stakeholder expectations.