Corporate social responsibility involves initiatives and programs that are designed to fulfill an ethical obligation to some party, such as the local community or the environment, rather than simply to increase profits. A devastating earthquake hit western China in 2008. As part of its corporate social responsibility program, Google funded the construction of 15 schools in Szechuan Province, helping 18,000 elementary and high school students to return to the classroom.
- The Minvest Mission to Empower Gen Z Investors
- Strategic Marketing: Brands Consider the Power of Purpose
- The KWHS Essay Contest: Social Responsibility in the Corporate World The four winners of the Knowledge@Wharton High School Essay Contest “Socially Responsible Business” category discovered companies both large and small that are finding ways to help society and the environment. Their essays take readers from the farmlands of India to the Adirondack Mountains of the United States, demonstrating that social responsibility is a global commitment.
- Entrepreneurship in North Korea? Bringing Business Concepts to a Communist NationNo Facebook or Twitter? No access to the Internet? If it sounds too radical to believe, then consider this: It is the reality in North Korea. What’s more, young professionals in North Korea, which is under restrictive communist rule, know very little about basic business concepts like entrepreneurship and private equity. Geoffrey See, founder of Choson Exchange, is helping to bring business knowledge to the country, where young people are excited by new ideas and the potential for change.
- The ‘Green’ Path from Corporate Social Responsibility to Brighter Earth DaysAs we celebrate our planet on Earth Day 2015, we also take a closer look at the connection between business and the environment. With the help of some smart teen environmentalists, Wharton Global Youth explores corporate social responsibility and why businesses are “morally responsible to replenish and sustain the sources that provide foundations for their economic success.”