The birth and evolution of CSR activities and the Concept of Sustainable Development

Abstract

CSR activities and Sustainable Development was first introduced back in the 1970’s. To this day they go hand in hand. Focusing on the social and economic dimensions of the business environment, the following research paper discusses about how the presence of CSR activities create opportunities and benefit business organizations to portray their organization and create a better image of themselves to the society and stakeholders. Commitment towards CSR activities is no longer an option to the organizations. It is a win-win situation for both, organizations as well as the people of the society. As companies, they get to exhibit their core values and give benefits to buyers, and fulfill their responsibility towards the growth of the economic development of the country.