Corporate social responsibility is a growing phenomenon. More and more larger companies are realising that they must act responsibly. Take a look at our Corporate Social Responsibility Business English and see what new words you can find.
Beginner
| Word | Meaning | Example Sentence |
| Help | To give assistance or support. | The company helps the local community through donations. |
| Give | To donate or contribute. | They give a portion of their profits to charity. |
| Care | To feel concern or interest. | The company cares about the environment. |
| Good | Morally excellent; beneficial. | The company does good work in the community. |
| Community | A group of people living in the same place or having a particular characteristic in common. | The company is involved in several community projects. |
| Environment | The surroundings or conditions in which a person, animal, or plant lives or operates. | The company is committed to protecting the environment. |
| Fair | Impartial and just. | The company promotes fair labor practices. |
| Responsible | Accountable for something. | The company is a responsible corporate citizen. |
| Ethical | Morally good or correct. | The company follows ethical business practices. |
| Benefit | A good or helpful result or effect. | The community benefits from the company’s initiatives. |
Intermediate Corporate Social Responsibility Business English
| Word | Meaning | Example Sentence |
| Sustainability | Meeting the needs of the present without compromising the future. | The company focuses on sustainability in its operations. |
| Impact | The effect or influence of something. | The company assesses its impact on the environment. |
| Stakeholder | A person or group with an interest in a business. | The company considers the needs of all its stakeholders. |
| Transparency | Openness and accountability. | The company believes in transparency in its reporting. |
| Accountability | The state of being answerable for one’s actions. | The company is committed to accountability in its CSR efforts. |
| Volunteer | Freely offer to do something. | Employees volunteer their time to support local charities. |
| Initiative | A new or original plan or program. | The company launched a new initiative to reduce its carbon footprint. |
| Donation | Something that is given to a charity or cause. | The company made a generous donation to the local food bank. |
| Partnership | A collaboration between two or more parties. | The company has a partnership with a local environmental organization. |
| Philanthropy | The desire to promote the welfare of others, especially by the generous donation of money to good causes. | The company engages in philanthropy through its charitable foundation. |
Advanced
| Word | Meaning | Example Sentence |
| Corporate Citizenship | A company’s responsibility to society. | The company demonstrates strong corporate citizenship. |
| Social Responsibility | A company’s obligation to act in a way that benefits society. | Social responsibility is a key part of the company’s mission. |
| Triple Bottom Line | A framework that measures a company’s performance in three areas: profit, people, and planet. | The company uses the triple bottom line to assess its overall success. |
| ESG (Environmental, Social, and Governance) | Criteria used to evaluate a company’s performance in sustainability and social impact. | Investors are increasingly focusing on ESG factors. |
| Materiality | The significance of an issue to a company and its stakeholders. | The company conducts a materiality assessment to identify its most important CSR issues. |
| Value Chain | The series of processes involved in producing and delivering a product or service. | The company examines its value chain to identify opportunities for improvement in sustainability. |
| Circular Economy | An economic system aimed at minimizing waste and making the most of resources. | The company is adopting principles of the circular economy. |
| Stakeholder Engagement | The process of involving stakeholders in decision-making. | The company prioritizes stakeholder engagement to understand their concerns. |
| Shared Value | Business policies and practices that enhance the competitiveness of a company while simultaneously advancing social and economic conditions in the communities in which it operates. | The company’s1 CSR strategy focuses on creating shared value. |
| Impact Investing | Investments made with the intention of generating social and environmental impact alongside a financial return. | The company is exploring impact investing opportunities. |
We hope you enjoyed our Corporate Social Responsibility Business English
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