A Consumer's Perspective of CSR
Corporate Social Responsibility (CSR) is often likened to "Conscious Capitalism," a term used to describe how businesses can make positive change in the world. The three big tenets of CSR are: environmental friendliness, fair treatment of employees in corporate culture, and ethics of accountability and transparency.
Today, engaging in a CSR dialogue and initiating projects for the greater good has become a near necessity for businesses. In a 2013 survey, illustrated by this infographic, Nielson reported that "half of all respondents said they would be willing to reward companies that gave back to society by paying more for their goods in services."