Social responsibility

Social responsibility is an ethical framework in which a person works and cooperates with other people and organizations for the benefit of the community.^[1]

An organization can demonstrate social responsibility in several ways, for instance, by donating, encouraging volunteerism, using ethical hiring procedures, and making changes that benefit the environment.^[2]

Social responsibility is an individual responsibility that involves a balance between the economy and the ecosystem one lives within,^[3] and possible trade-offs between economic development, and the welfare of society and the environment.^[4] Social responsibility pertains not only to business organizations but also to everyone whose actions impact the environment.^[5]

^ Jensen, Derrick (2006). "Responsibility". Endgame. Vol. II. Toronto, Ont.: Seven Stories Press. p. 696. ISBN 978-1583227305.
^ Ganti, Akhilesh. "Social Responsibility in Business: Meaning, Types, Examples, and Criticism". Investopedia. Archived from the original on 2023-08-27. Retrieved 2023-08-27.
^ Anheier, Helmut K.; Toepler, Stefan (2009). International Encyclopedia of Civil Society. U.S.A.: Springer Science & Business Media. p. 577.
^
- Palmer, Karen (1 September 1995). "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?". The Journal of Economic Perspectives. 9 (4): 119–132. doi:10.1257/jep.9.4.119. JSTOR 2138393.
- Preston, Lee E. (1 December 1997). "The Social-Financial Performance Relationship" (PDF). Business & Society. 36 (4): 419. doi:10.1177/000765039703600406. S2CID 153778049. Archived (PDF) from the original on 13 October 2017. Retrieved 20 July 2015.
- Emerson, Jed (2003). "The Blended Value Proposition" (PDF). California Management Review. 45 (4). doi:10.2307/41166187. JSTOR 41166187. S2CID 153947907. Archived from the original (PDF) on 2016-03-04. Retrieved 20 July 2015.
^ "Perceptions and Definitions of Social Responsibility" (PDF). Winnipeg, Manitoba: International Institute for Sustainable Development. May 2004. p. 1. Archived from the original (PDF) on 2006-10-07.

[1] Jensen, Derrick (2006). "Responsibility". Endgame. Vol. II. Toronto, Ont.: Seven Stories Press. p. 696. ISBN 978-1583227305.

[Ganti-2] Ganti, Akhilesh. "Social Responsibility in Business: Meaning, Types, Examples, and Criticism". Investopedia. Archived from the original on 2023-08-27. Retrieved 2023-08-27.

[3] Anheier, Helmut K.; Toepler, Stefan (2009). International Encyclopedia of Civil Society. U.S.A.: Springer Science & Business Media. p. 577.

[4] 
Palmer, Karen (1 September 1995). "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?". The Journal of Economic Perspectives. 9 (4): 119–132. doi:10.1257/jep.9.4.119. JSTOR 2138393.
Preston, Lee E. (1 December 1997). "The Social-Financial Performance Relationship" (PDF). Business & Society. 36 (4): 419. doi:10.1177/000765039703600406. S2CID 153778049. Archived (PDF) from the original on 13 October 2017. Retrieved 20 July 2015.
Emerson, Jed (2003). "The Blended Value Proposition" (PDF). California Management Review. 45 (4). doi:10.2307/41166187. JSTOR 41166187. S2CID 153947907. Archived from the original (PDF) on 2016-03-04. Retrieved 20 July 2015.

[5] Palmer, Karen (1 September 1995). "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?". The Journal of Economic Perspectives. 9 (4): 119–132. doi:10.1257/jep.9.4.119. JSTOR 2138393.

[6] Preston, Lee E. (1 December 1997). "The Social-Financial Performance Relationship" (PDF). Business & Society. 36 (4): 419. doi:10.1177/000765039703600406. S2CID 153778049. Archived (PDF) from the original on 13 October 2017. Retrieved 20 July 2015.

[7] Emerson, Jed (2003). "The Blended Value Proposition" (PDF). California Management Review. 45 (4). doi:10.2307/41166187. JSTOR 41166187. S2CID 153947907. Archived from the original (PDF) on 2016-03-04. Retrieved 20 July 2015.

[5] "Perceptions and Definitions of Social Responsibility" (PDF). Winnipeg, Manitoba: International Institute for Sustainable Development. May 2004. p. 1. Archived from the original (PDF) on 2006-10-07.

[1]

[2]

[3]

[4]

[5]