Answer to Question #278203 in Java | JSP | JSF for Nicky

Question

IT is useful for implementing a firm's corporate social responsibility (CSR). Discuss two ways the IT profession can contribute to CSR. 

Answer 1

According to the online course Sustainable Business Development Strategy, corporate social responsibility (CSR) is the idea that a business is accountable to the society that exists around it.

Firms that adhere to corporate social responsibility are usually organized to be and operate in a socially responsible manner. It is a form of self-regulation that can be expressed in initiatives or strategies, depending on the goals of the organization.

Exactly what “socially responsible” means varies from organization to organization. Firms are often guided by a concept known as triple bottom line, which requires companies to measure their social and environmental impact as well as their bottom line. The proverb “profit, people, planet” is often used to refer to the driving force behind triple profit.