Corporate social responsibility is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby businesses monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.
A corporate social responsibility (CSR) report details how the company applies its expertise, technology and partnership strategies to address environmental, social and governance issues. The report outlines efforts in areas of: governance and ethics; value chain; employees; society; and the environment.
The CSR report also provides updates on key issues including supply chain management, economic development, data security and privacy, and employee engagement. The report should be available in an easy-to-read and searchable format on internet, with accompanying convergence with the Global Reporting Initiative (GRI) index