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What is Corporate social responsibility (#CSR) ?

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Servier

Joined: Nov 2024
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What is Corporate social responsibility (#CSR) ?


Servier is commited for #sustainable #development and its #CSR #strategy structured around 4 areas and 17 priority #stakes:
1️⃣ A company committed to healthcare
2️⃣ Caring about people
3️⃣ Focused on our business practices
4️⃣ Aiming for a positive footprint

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49 Comments

  8. As nice as it sounds in theory, the actual idea of CSR has got to be the biggest oxymoron I've ever heard in a good while. The concept of profit centered private businesses not acting like profit driven businesses to care about society is by itself counterintuitive. I ain't even a communist/socialist and I can see so much wrong with this while having the audacity to still call it "capitalism". There is a single panel satiric cartoon perfectly describing the entire issue with this with a boss telling at a corporate meeting: "Okay, we need a campaign to tell the public we put social responsibility ahead of profits so we can make more profits".

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  18. Entrepreneurship is the process of designing, launching, and running a new business, often with the goal of creating value, generating profits, and addressing market needs. Key aspects of entrepreneurship include:

    Innovation: Entrepreneurs often seek to introduce new products, services, or business models, demonstrating a capacity for innovation and a willingness to take risks.
    Risk-Taking: Entrepreneurship involves navigating uncertainties and taking calculated risks to pursue opportunities. Risk management and resilience are crucial skills.
    Creativity: Entrepreneurs need creative thinking to identify and capitalize on opportunities. This includes finding unique solutions to problems and adapting to changing circumstances.
    Vision and Planning: Successful entrepreneurs have a clear vision for their business and develop strategic plans to achieve their goals. Planning involves setting objectives, outlining strategies, and anticipating challenges.
    Resource Management: Entrepreneurs must effectively manage resources, including finances, time, and human capital, to ensure the sustainable growth of their ventures.
    Adaptability: The business landscape is dynamic, and entrepreneurs need to adapt to changing market conditions, technological advancements, and consumer preferences.
    Persistence: Facing obstacles and setbacks is common in entrepreneurship. Persistence and the ability to learn from failures are crucial for long-term success.
    Networking: Building relationships with other entrepreneurs, investors, mentors, and industry professionals can provide valuable support, guidance, and opportunities.
    Entrepreneurship is diverse, encompassing various types of businesses and industries. It plays a vital role in economic development by fostering innovation, creating jobs, and driving growth.

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  33. Basically a decent summary to encapsulate a topic that requires a long talk when looking at the actual issue in the planet at the moment in regards to the main instigator's of those issues.

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  34. Surprised about finding out such video on youtube. Actually, this is the core of ancient human society policies and philosophy, esp in the Eastern part of our planet, where production and work were heavily indulged in caring about the healthy environment, nature, and good cultural improvement. In our modern time, this idea should be even more obvious but somehow to all this "glamorous" and self-centered life image that postmodern economy-based humans obsessed with media, have, it is deeply forgotten. Companies and governments mostly look at their own benefit which is only monetary value, power and financial success, without caring about cultural, and environmental issues and the impact that is made out of their work. Not to mention that nature is heavily neglected. Instead of caring about such social improvement, nowadays people send money for weapons on wars. Only a few are screaming about real and crucial problems which are so present nowadays, about our environment, about our modern culture and neglected upbringing and proper education of youth, with all this negative influence from the internet and mass media getting out of control nowadays (supported by companies or wealthy individuals driven by economically success only). CSR is an approach which already should long ago be widely spread and maintained as soon as 21st century came and as soon as technological development started to rapidly grow. This video should be widely spread on a daily basis in any country, so humans can actually start to open their eyes and mind, locked by rotten capitalism.

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  37. After watching this video, I learned that corporate social responsibility (CSR) is not just about what they do as a company. In my understanding, CSR is a role of a company where they do things that are beneficial not only to them but also to society, especially to our environment. It's a way or approach used by a government, organizations and those who are concerned to work together and unite to fulfill each other's responsibilities for the economy, social justice and environment. Being responsible, everyone should know what is needed and should really be done because not only one is affected, not just us humans, all things that have life are also affected. So we must be aware of what we do and be accountable for the things we have done that are not right because even small things still cause damage.

    I learned a lot from this video, it was well-explained by the presenter. Thank you for creating a very infromative video.

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  38. The presenter explained it very well. I've learned a lot from this video. I've learned that Corporate social responsibility basically talks about businesses having good public relations. In my understanding, CSR is an approach or a way used by government, businesses and other who are concerned in working together executing each of their responsibilities to the economy, social justice and to the environment.

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  39. Being realistic, the only real way to make companies take social responsibility is to give them business incentives if they do. Tax breaks and other incentives should be given to socially responsible companies, instead of just expecting them to be better because you think they should. Most large companies are mostly affected by business and not necessarily by the society, which is why the change needs to come from the government.

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  45. good info in theory barely any major corporation today cares about profit sharing or the environment…exactly opposite…Business is actually driven by greed

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  46. CSRA is basically the ethical conduct of a business to go above and beyond legal requirements to operate in this type of manner. So for example providing a safe workplace For employees is not socially responsible as it is a legal requirement

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