Corporate Social Reporting

Corporate Social Reporting (CSR) refers to a company’s practice of publicly sharing information about its social, environmental, and economic impacts. Essentially, it’s how a business communicates its efforts to be responsible and sustainable. This reporting helps stakeholders—like customers, investors, and communities—understand how the company’s activities affect society and the environment. By being transparent about their practices, companies show accountability and can foster trust, potentially attracting more support and investment. CSR is a key component of Social Accounting, which focuses on measuring and reporting a company's social and environmental performance, alongside financial results.