Carrol's Pyramid of CSR

Carroll’s Pyramid of CSR describes the different levels of a company's responsibilities. At the base, economic responsibilities mean making a profit and being financially viable. Moving up, legal responsibilities require companies to follow laws and regulations. Next, ethical responsibilities involve doing what’s right beyond rules, like fair treatment. At the top, philanthropic responsibilities focus on giving back to the community through charity and supporting social causes. The pyramid shows that a responsible company balances making money with obeying laws, acting ethically, and contributing positively to society.