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Corporate Social Responsibility (CSR) is the concept that has been developed by the IISD which puts a mandatory obligation on every corporation which caters to large group of stakeholders mainly employees, suppliers, consumers, government, regulatory bodies and society as the whole. The guidance so adopted puts a social and environmental responsibility on these corporations and to take up the act of social sustainability in the long run of the corporation. CSR activities of late have gained wide importance due the factors of sustainability issues, stakeholder’s interest deprivation and many other such factors. The model presents the optimization of the present economic activities with conserving and preserving of resources for the future society and business activities. The model as a whole includes the strategically practices and processes to meet various ends of the stakeholders and to protect and meet the requirements of the resources in the future.
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