Carroll’s Pyramid of CSR

Carroll’s Pyramid of CSR is a framework that illustrates the different levels of a company's responsibilities. At the base are economic responsibilities—being profitable and providing goods or services. Moving up, companies are expected to follow laws and ethical standards—these are legal and ethical responsibilities. At the top are philanthropic responsibilities—giving back to the community through charitable efforts. The pyramid highlights that a successful business should first be financially sound, then operate legally and ethically, and finally contribute positively to society through voluntary initiatives. This layered approach guides companies in balancing profit with social good.