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Corporate Social Responsibility

Author: Kate Eskra
Video Transcript
Terms to Know
CSR

Corporate Social Responsibility; typically stated in reference to a corporate social responsibility report, where an entity provides detail specific to its social (philanthropic), environmental, and financial activities.

Corporate Governance

How a company or entity oversees its operational and financial processes; corporate governance has oversight of operating strategy, risk management, and capital allocation among other items and is typically managed through a board of directors on behalf of stakeholders.

Environmental Management

The management of natural resources and activities that may impact the environment; a method of ensuring the least harm to the environment.

Philanthropy

Corporate giving or financial contribution in support of charitable causes.

Supply Chain

Singular inputs within a production or operation.