social-responsibility

Vocabulary Word

Definition

Social responsibility is all about being accountable for the impact your actions have on your community and environment. This could mean making sure your company doesn't pollute, or organizing a community outreach.

Examples in Different Contexts

In corporate ethics, social responsibility refers to businesses acting in the best interest of society at large, beyond just making a profit. A CEO might say, 'Our commitment to social responsibility involves sustainable practices and contributing to community welfare.'

Practice Scenarios

Business

Scenario:

Our shareholders are keen on how we're contributing to our community. We might need to escalate our corporate citizenship efforts.

Response:

Absolutely. Demonstrating social responsibility will boost our reputation. Let's start a mentorship program for local students.

Academics

Scenario:

There's much discussion on how we, as an educational institution, can contribute to societal good. Perhaps, higher emphasis on community-oriented and impact-focused research?

Response:

I concur. Fulfilling our social responsibility means conducting research that addresses societal issues. Let's allocate more funding for social science research.