Understanding the impact of corporate social responsibility

2 mins read
Edwina Baden-Powell

In this four-part series, corporate social responsibility (CSR) is explored at both an academic level and in a real-world context to help high school students understand the social, economic and environmental obligations underpinning modern-day business operations.

CSR and Stakeholders

With Marks & Spencer providing a case study of how corporate social responsibility is applied in a real, multinational context, this video explores the sometimes complex relationship between stakeholders and CSR. Students gain insight into how CSR can have a positive impact on the opinions and experiences of staff, employees, and shareholders and the tensions when stakeholder interests and CSR operations don’t align.

Series: Corporate Social Responsibility
Production Year: 2019
Audience: High School
Subject: Economics and Business

See more content in Corporate Social Responsibility

CSR and Stakeholders is one episode in our four-part series explaining Corporate Social Responsibility through the lens of academics and real businesses. See the rest in the series below:

Carroll’s CSR Pyramid

Carroll’s corporate social responsibility pyramid has long been used as the framework through which to think about a business’s economic, social, and environmental responsibilities. In this comprehensive video, students will be guided through the four layers of Carroll’s pyramid, introduced to its strengths, and shown the ambiguities and omissions that limit its usage.

CSR and the Triple Bottom Line

The term “triple bottom line” is often used in dialogue about corporate social responsibility to define the three interrelated areas by which modern companies should measure their success: people, planet, and profit. Students will gain valuable insight into how the triple bottom line affects business operations in a practical, measurable way by seeing it explained in the context of multinational retailer Marks & Spencer.

CSR in Action: Benefits and Limitations

Corporate social responsibility has the potential to create lasting positive changes in the communities with which a business interacts, increase an organization’s trustworthiness, and increase the fulfillment of employees. However, CSR can also unearth new tensions among businesses, their stakeholders, and the supply chains. In this video, students will explore the many benefits and limitations of this unavoidable part of modern business operations.

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