Meeting of Uzbekistan and the United States Presidents

Social responsibility

Social responsibility means that individuals and companies have a duty to act in the best interests of their environments and society as a whole. Social responsibility, as it applies to business, is known as corporate social responsibility (CSR). Many companies, such as those with "green" policies, have made social responsibility an integral part of their business models.

Additionally, some investors use a company's social responsibility, or lack thereof, as an investment criterion. As such, a dedication to social responsibility can actually turn into profits, as the idea inspires investors to invest and consumers to purchase goods and services from the company. Put simply, social responsibility helps companies develop a good reputation.
In general, social responsibility is more effective when a company takes it on voluntarily, as opposed to being required by the government to do so through regulation. Social responsibility boosts company morale, and this is especially true when a company is able to get buy-in among its employees and actively engage them in its social cause.

Dictionary

Social responsibility individual companies environment society applies business business models criterion dedication actually profits

Ijtimoiy mas'uliyat shaxsiy kompaniyalar atrof-muhit jamiyat qo'llaniladi biznes biznes modellari mezon bag'ishlanish aslida daromadlar