CSR

Hey guys,

last english lesson we were talking about corporate social responsibility and we were listening to opinions of some business people regarding CSR.

Basically what they say is that CSR has advantages and disadvantages for different companies.

The first speaker's opinion on corporate social responsibility is that CSR can have many positive impacts on a business. One of them is to enhance the reputation of a company.

An other business man says that it's especially for companies, which are fighting for surviving, difficult to afford the necessary resources for CSR. So, CSR is very well for the very big companies with lots of money but a big disadvantage for small businesses.

One more opinion was that CSR is essential to get talented and high qualified employees and that CSR is also important for potential employees to apply for a job. He also mentioned that CSR policy can improve staff perception of a business and motivate employees through fundraising activities.

In my mind the austrian business people think positive about CSR, because in local business it's usual to donate money for local organisations for their festivals or activities.

So, I think that CSR policy should be made by every company, because they will improve their reputation owing to the methods of CSR like using fair trade products to create goods or ensuring that no animal testing takes place anywhere in their supply chain or using less energy and fuel.

See you!