Ask the Readers $200 Giveaway: What Does Corporate Social Responsibility Mean to You?

By Ashley Jacobs on 19 May 2015 226 comments

Editor's Note: Congratulations to our winners Renee, Rachel, and Kathe for winning this week's contest!

Corporate social responsibility (CSR) means different things to different people. From a company's perspective, it can be an effective way to tap corporate resources to drive positive social change, and it often includes programs that promote employee volunteerism and philanthropy—from matching charitable donations to organizing employee volunteer projects and more. While some people view CSR programs with skepticism, most prefer working for and doing business with companies that support the communities in which they operate.

What does corporate social responsibility mean to you? Do you believe it can be impactful?

This week, to celebrate its 12th annual Schwab Volunteer Week in which more than 4,500  employees volunteer for hundreds of service projects in communities nationwide, Charles Schwab is sponsoring $200 in prizes for our Ask the Readers giveaway! Make sure to tell us what corporate social responsibility means to you and we'll enter you in a drawing to win a $150 Amazon Gift Card or one of two $25 Amazon Gift Cards!

Win a $150 Amazon Gift Card or 1 of 2 $25 Amazon Gift Cards

We're doing three giveaways — here's how you can win!

Mandatory Comment Entry for a Chance to win a $150 Amazon Gift Card:

  • Post your answer in the comments section below. One commenter will win a $150 Amazon Gift Card!

To Win One of Two $25 Amazon Gift Cards:

  • You can tweet about our giveaway for an extra entry. Use our Rafflecopter widget for your chance to win one of two $25 Amazon Gift Cards:

a Rafflecopter giveaway

If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it!

Giveaway Rules:

  • Contest ends Monday, May 25th, at 11:59 pm Pacific. Winners will be announced after May 25th on the original post. Winners will also be contacted via email.
  • You can enter all three drawings — once by leaving a comment and once by tweeting.
  • This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.
  • You must be 18 and US resident to enter. Void where prohibited.

This week, our Ask the Readers giveaway is sponsored by Charles Schwab in celebration of Schwab Volunteer Week!

Here is a message from our sponsor:

“Serving our communities is an important part of Schwab’s culture. In fact, one of our benefits is paid time off for employees to volunteer. We also organize a nationwide, week-long volunteer event called Schwab Volunteer Week (May 18-22, 2015), where thousands of employees volunteer with nonprofits in their communities. This year’s event has a record number of participants, with more than 4,600 Schwabbies donating approximately 18,000 service hours to 376 projects benefiting over 200 charities.

We support a vibrant mix of national nonprofit groups such as Boys & Girls Clubs, Habitat for Humanity, Goodwill and The Salvation Army, as well as local schools, parks, food banks, cultural centers, and organizations that provide health and human services to women, children, families and seniors.

Employee volunteer photos will be posted throughout the week on http://photos.aboutschwab.com/Schwab-Volunteer-Week. To learn more about what drives our commitment to investing in our communities during Schwab Volunteer Week and throughout the year, watch this video.”

© 2015 Charles Schwab & Co., Inc. (Member SIPC) All rights reserved

#0515-3632

Amazon is not a participant in or sponsor of this giveaway and is not affiliated with Charles Schwab & Co., Inc.

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Guest's picture
joni

It makes good sense business-wise to be seen by customers as a socially responsible company. Giving back can only do good for all parties involved.

Guest's picture
Frank P

Corporate social responsibility means that community is just as important as business and profit. I do believe it can be impactful.

Guest's picture
Cynthia

Corporate social responsibility means reaching out, becoming involved and supporting positive efforts in the community.

Guest's picture
holly m.

Be fair -- to your employees, to your customers, to your long-term mission.

Guest's picture
Guest

Corporate social responsibility (CSR) is an intentional business strategy of understanding and addressing stakeholder interests in the pursuit of profit and other business purposes.

The base premise of CSR is that businesses can do well (i.e., make profit) by doing good. CSR is a foundation for business sustainability. CSR has evolved to the "triple bottom line" of business of financial, human and environmental objectives, goals and measures.

The activities of CSR go beyond human rights, governmental compliance, ethics and license to operate. Likewise, CSR is more than promotion and public relations. CSR can be measured by traditional business evaluation methods, including return on investment (ROI). CSR is a business strategy that allows businesses to leave a lasting legacy while pursuing profit.

Guest's picture
Karen L

I view CSR as a company's responsibility towards society and the environment being important guiding factors for the future.

Guest's picture
Jennifer H.

It means supporting the community that supports the corporation. If every cooperation would do this, imagine all the things that they could do!

Guest's picture
Kelly O

Corporate social responsibility is the idea that corporations should have responsibility to the society. This can include paying employees appropriate wages, being eco-friendly, giving back to the community etc. Yes, I think corporations can make a huge difference in the world we live in. The US is a capitalistic society and I believe in it. I think the market can determine the success of our economy. That being said, I choose to not purchase items from companies with questionable social responsibility. I think that is much more effective than laws which they can just get around.

Guest's picture
Jenilee Dunson

Corporate Social Responsibility means that the business gives back to the community, through volunteer work, or community events (for example, relay for life). Doing so, gives the impression to their consumers that they care about more than just profits, and it's also a way for the employees to feel good about the positive changes they're bringing, and boost team work amongst coworkers.

Guest's picture
Claudia Davis

Corporate social responsibility means to me by being responsive to those who purchase from them and there needs to be transparency and stand behind their product. It can be impactful because people gain a sense of trust about the company and the product itself.

Guest's picture
Cara Dierdorf

Corporate Social Responsibility means giving back, both to the community and to the employees. A company is at its best when the employees are treated fairly and appreciated and the community believes in and appreciates the company.

Guest's picture
kristen

it means doing things in your community treating your customers like family and taking responsibility for the community as a leader

Guest's picture
Sheryl Edwards

To me corporate social responsibility means that companies should be setting goals to improve the environment and protect earth's resources instead of harming the environment or using too many resources.

Guest's picture
Karen L

To me corporate social responsibility means that businesses must keep in mind the needs of the community and ensure that the well being of society and of the environment is not sacrificed by the business' profit goals, but enhanced.

Guest's picture
Alison Tolar

To me, corporate social responsibility means taking responsibility and acting morally and ethically. Corporations should run in a way where they not only do not harm the citizens and the environment, but actually are beneficial to both. If companies did this it would have a huge impact.

Guest's picture
Joiceann

Corporate responsibility is fantastic all around -- employees feel better and the world becomes a little bit better place to live.

Guest's picture
Stacey A Smith

it mean's a lot to me.like when a company help are area with a trail to help people get to the store easier.

Guest's picture
Jane D

To me, Corporate Social Responsibility means a company doing its part in taking care of the world and its inhabitants (human or not). This could be by cleaning up inner cities, or even natural landscapes. This could be by allowing employees paid time off to help tutor children/adults for free. This could be donating funds to an non-profit that helps men and woman find free clothes to wear for job interviews. This could mean hosting parties to honor people who give selflessly of themselves to help the world become a better place for all of us to live in. The ways a company can to implement its Corporate Social Responsibility program(s) is truly limitless--anything that can help better nature, flora, fauna, human beings, education, fighting racism, teaching others new skills, allowing employees to volunteer for non-profit organization, etc.

Most important, though, is that any company that takes on a Corporate Social Responsibility role is that is it SINCERE, not looking for kudos and appreciation. Adding its belief in Corporate Social Responsibility to its Mission Statement would mean a lot to me.

I have seen for myself how Corporate Social Responsibility can have an impact. One of my brothers has been allowed to leave work and teach English as a Second Language for free to immigrant farmworkers. One of those farmworkers was able to teach others, and then that person started teaching English as well. :)

Guest's picture
Shawn

Corporate social responsibility should start with fairness, honesty, & incentives with their own employees first. Then being a part of the solution for any number of social charities in their local community with a combined effort of the executives and employees as a united front.

Guest's picture
Bonnie C

It means treating your employees and the environment well. No abuse of animals, people, or the earth in the course of doing your business..

Guest's picture
Thomas Murphy

corporate social responsibility means taking care of there employees & community.

Guest's picture
james jenkins

Corporate responsibility means, to me, that profits, market share, and growth derive from being a positive, contributing member of society; they are not opposed by being that; corporate welfare and social welfare support and promote each other. Corporate interest is not pursued at, or despite, costs or harm to your community; if something does go wrong, or is discovered to be causing harm, you don't cover-up or stonewall; you accept the problem, do all that it takes to correct the situation, and view it as an opportunity to enhance your reputation as a desirable, positive community member. More than just "do no harm", corporate responsibility means structuring your efforts so that promoting positive, do-good community results are baked-in from the get-go!

Guest's picture
james jenkins

Corporate responsibility means, to me, that profits, market share, and growth derive from being a positive, contributing member of society; they are not opposed by being that; corporate welfare and social welfare support and promote each other. Corporate interest is not pursued at, or despite, costs or harm to your community; if something does go wrong, or is discovered to be causing harm, you don't cover-up or stonewall; you accept the problem, do all that it takes to correct the situation, and view it as an opportunity to enhance your reputation as a desirable, positive community member. More than just "do no harm", corporate responsibility means structuring your efforts so that promoting positive, do-good community results are baked-in from the get-go!

Guest's picture
james jenkins

Corporate responsibility means, to me, that profits, market share, and growth derive from being a positive, contributing member of society; they are not opposed by being that; corporate welfare and social welfare support and promote each other. Corporate interest is not pursued at, or despite, costs or harm to your community; if something does go wrong, or is discovered to be causing harm, you don't cover-up or stonewall; you accept the problem, do all that it takes to correct the situation, and view it as an opportunity to enhance your reputation as a desirable, positive community member. More than just "do no harm", corporate responsibility means structuring your efforts so that promoting positive, do-good community results are baked-in from the get-go!

Guest's picture
steven weber

Corporate social responsibility means taking care of there employees & community

Guest's picture
allyson becker

It proves that making money is not all that is important. It is about giving back. caring about people and consumers and knowing that those contributions to society make the world a better place.