
Social responsibility
Ethical framework / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Social responsibility?
Summarize this article for a 10 years old
Social responsibility is an ethical framework in which a person works and cooperates with other people and organizations for the benefit of the community.[1]

An organization can demonstrate social responsibility in several ways, for instance, by donating, encouraging volunteerism, using ethical hiring procedures, and making changes that benefit the environment.[2]
Social responsibility is an individual responsibility that involves a balance between the economy and the ecosystem one lives within,[3] and possible trade-offs between economic development, and the welfare of society and the environment.[4] Social responsibility pertains not only to business organizations but also to everyone whose actions impact the environment.[5]