CSR 101
CSR stands for this term that describes a company’s efforts to contribute positively to society.
What is Corporate Social Responsibility?
ICSR can reduce this costly internal challenge related to employee departures.
What is employee turnover?
A practice businesses may use where they mislead the public of leading environmentally sustainable efforts
What is greenwashing?
This CSR practice helps reduce pollution in the air, water, and land.
What is environmental sustainability?
CSR efforts address these 3 main areas: society, economy, and ____.
What is the environment?
Companies with strong CSR values attract this key group beyond consumers.
What are investors?
An adjective that describes a business facing backlash from consumers after using CSR as a marketing tool
What is inauthentic?
This initialism is a metric used to measure social impact
What is ESG?
CSR-focused companies often implement this eco-friendly practice.
What is reducing pollution or emissions?
A 2021 study found that this % of people don’t want to work for companies without a strong purpose.
What is 70%?
When employees use their good deeds to justify their unethical behavior
What is a moral licensing?
This CSR approach ensures fair wages, equal pay, and safe working conditions.
What is ethical labor or fair labor practices?
Practices businesses may use to conduct fair labor practices, such as fair wages and equal pay.
What is ethical business practices?
CSR-focused companies retain employees this much more effectively than their competitors.
What is 40%?
Some critics argue that CSR distracts a business from...
What is maximizing profit?
A result of CSR where employees believe they can take extra breaks or slack.
What is sense of entitlement?