1. Corporate social responsibility refers to the obligation of enterprises to safeguard and promote social interests in addition to maximizing the rights and interests of owners or shareholders. No enterprise can bear the increased cost due to social responsibility alone for a long time. Enterprises should bear certain social responsibilities while creating value, but we can't overemphasize this social responsibility, otherwise it will lead to the decrease of enterprise value and improper use of social funds.
2. Legal basis: Article 5 of the Company Law of People's Republic of China (PRC).
Company obligations and protection of rights and interests A company engaged in business activities must abide by laws and administrative regulations, social morality and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities.
The legitimate rights and interests of the company are protected by law and shall not be infringed.
Second, what are the ten principles of corporate social responsibility?
1. Enterprises should support and respect the declaration on the protection of human rights made to the international community within their influence;
2. Failure to protect human rights violations and labor;
3. Effectively guarantee the freedom to form trade unions and the right to negotiate with groups;
4. Eliminate any form of forced labor;
5. Effectively abolish child labor;
6. Eliminate discrimination in employment and occupation;
7. Enterprises should take preventive measures against environmental problems;
8. Take the initiative to take responsibility for environmental protection;
9. Promote the development and popularization of environmental protection technologies;
10. Actively take measures against any form of corruption, such as extortion and bribery.