CSR requires companies to ensure they are always working towards four pillars of societal accountability: economic, legal, ethical, and philanthropic. Using the material from Chapter 4 of the text as well as your own independent research, you will draft an informative essay that makes the connection between a theoretical understanding of CSR and how it is reflected in the strategies of a real organization.
Important Checklist:
- Using your research skills, locate and define the CSR policy of one well-known public company.
- Referring to your selected company’s CSR initiatives, identify which pillars of responsibility they seem most focused on: economic, legal, ethical, or philanthropic. Give at least two specific examples.
- Research the mission statement of your chosen company. Describe how the company’s mission statement aligns with their CSR policy. Give at least two specific examples.
- Utilize at least two external sources as part of your research. Sources might include your textbook, the company’s website, or another resource found in the university library.
Tips:
Using your research skills, locate and define the CSR policy of one well-known public company. – Consider a company like PayPal:
- Look at the company’s mission and vision statements.
- Understand what the company is doing to ensure its social responsibility aligns with a positive impact.
- “Building upon our mission to democratize financial services, we help catalyze advances in global financial wellness for individuals, businesses, and nonprofits around the world. This includes our platform to power giving globally and support for the communities in which we live and work”.
Referring to your selected company’s CSR initiatives, identify which pillars of responsibility they seem most focused on: economic, legal, ethical, or philanthropic. Give at least two specific examples.
Examples: Economic Aspect
“..foster inclusive economic opportunity and strengthen financial health for people, businesses, and communities around the world by democratizing financial services for consumers and commerce capabilities for merchants”.
