Corporate Social Responsibility and the Significance of its Promotion

Abstract

Corporate Social Responsibility is today frequently used concept, as companies to a larger extent are held accountable for what is happening in the society. In their effort to make a contribution on the solution of various societal problems, the companies engage in different corporative social initiatives. To enjoy multiple benefits arising from implementation of CSR practices companies should reaffirm their commitment to issues of wide public interests as well as promote all the activities pursued in diminishing and solving different social and envronmental problems. It is very important to make company`s social involvement as transparent as possible, which can be, aparat from other ways, enhanced by proper and up-to-date use of the web site. Through the web site company can inform wide public (all relevant stakeholders) about its CSR activities – programs, undertaken initiatives, partners involved, results achieved and future plans and goals in CSR domain. Placing these informating reperesents an efficient way of promoting company`s CSR profile. Aparat from that, company can regulary place announcements on its web site about all other ways of promoting its CSR engagement.