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Corporate Social Responsibility

Using the information covered in Chapter 3 of your textbook, briefly define corporate social responsibility (CSR). Then, find a current activity in the past 1-2 years in which the company you selected from the approved company list went above and beyond to demonstrate CSR or where they may have sorely failed. In your post, provide details on the good or bad deed. Do your findings change or enhance the way you will support the company in the future?

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Sample Answer

 

 

Corporate social responsibility (CSR) is a concept whereby businesses consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment.

Company: Google

Current activity: In 2022, Google announced that it would be investing $1 billion in carbon removal projects over the next decade. This investment will help to fund research and development of new technologies to remove carbon dioxide from the atmosphere. Google is also working to reduce its own carbon emissions, and it has set a goal of being carbon neutral by 2030.

Full Answer Section

 

Good deed: This is a good deed because it shows that Google is taking the issue of climate change seriously and is willing to invest in solutions. Carbon removal is a promising technology that has the potential to make a significant impact on the fight against climate change. Google’s investment in this area will help to accelerate the development of these technologies and make them more accessible.

Does this change or enhance the way I will support the company in the future? Yes, this does change the way I will support Google in the future. I am more likely to support companies that are taking steps to address climate change. Google’s investment in carbon removal is a positive step, and I am hopeful that the company will continue to make progress in this area.

Other examples of CSR activities by Google:

  • Google has a number of programs in place to support diversity and inclusion. These programs include the Google Founders’ Fund, which provides funding to underrepresented entrepreneurs, and the Google Anita Borg Scholarship, which provides scholarships to women studying computer science.
  • Google also has a number of programs in place to support environmental sustainability. These programs include the Google Green Team, which works to reduce the company’s environmental impact, and the Google Earth Engine, which is a platform that uses satellite imagery to track changes in the environment.

Conclusion

Google is a company that is committed to CSR. The company has a number of programs in place to support diversity and inclusion, environmental sustainability, and other important social causes. I am more likely to support Google in the future because of its commitment to CSR.

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