CSR: Corporate Social Responsibility

Corporate social responsibility (CSR) is a strategy that has become a matter, of course, for companies to act in a sustainable manner in the sense of taking ethical and social responsibility. CSR challenges companies to address current social, environmental, and societal issues and to broaden the focus of their own profit maximization. The article focuses on the basics and developments of corporate social responsibility, establishes a connection to the topic of social challenges, and asks whether CSR can also be helpful as a strategy to confront populism.