Corporate Social Responsibility: Strategies for Global Impact

Abstract

Corporate Social Responsibility (CSR) has evolved from a voluntary practice into a strategic imperative for companies aiming to make a global impact. This paper explores various CSR strategies that multinational corporations (MNCs) can adopt to enhance their social and environmental contributions on a global scale. It examines the drivers behind CSR initiatives, including regulatory pressures, consumer expectations, and competitive advantage. The study highlights successful case studies of global companies that have implemented effective CSR strategies and assesses the challenges and opportunities in achieving meaningful global impact. By providing a comprehensive overview of CSR best practices and their implications, this paper offers valuable insights for businesses seeking to integrate CSR into their core strategies.