CSR and Social Entrepreneurship Way to Achieve Sustainability
Abstract
Sustainability may be attained through social entrepreneurship
and corporate social responsibility (CSR). The term “corporate
social responsibility” (CSR) is the obligation of any organization
towards society. On the other hand, social entrepreneurship entails
applying commercial ideas to solve social and environmental
issues. By encouraging ethical corporate practices, minimizing
environmental effect, and tackling social concerns like poverty
and injustice, CSR and social entrepreneurship may both support
sustainability. Businesses may produce long-term value for
themselves and society by incorporating sustainability into their
fundamental activities. These include a lack of understanding of
the significance of sustainability among enterprises, a shortage of
funding for social entrepreneurs, and challenges in determining
the effects of these activities. Despite these difficulties, social
entrepreneurship and corporate social responsibility provide viable
paths to sustainability. Businesses, social entrepreneurs, and other
stakeholders may build a more sustainable future for everyone by
cooperating. Sustainability may now be attained with the help of
CSR and social entrepreneurship. We will examine how CSR and
social entrepreneurship might help sustainability and the difficulties
involved in putting these efforts into practice in this essay, which
solely relies on secondary data sources. The combination of CSR and
social entrepreneurship can result in a more sustainable future by
promoting responsible business practices and addressing social and
environmental challenges. Social entrepreneurship, on the other
hand, involves developing innovative solutions to social problems
while also generating revenue to the organization.
and corporate social responsibility (CSR). The term “corporate
social responsibility” (CSR) is the obligation of any organization
towards society. On the other hand, social entrepreneurship entails
applying commercial ideas to solve social and environmental
issues. By encouraging ethical corporate practices, minimizing
environmental effect, and tackling social concerns like poverty
and injustice, CSR and social entrepreneurship may both support
sustainability. Businesses may produce long-term value for
themselves and society by incorporating sustainability into their
fundamental activities. These include a lack of understanding of
the significance of sustainability among enterprises, a shortage of
funding for social entrepreneurs, and challenges in determining
the effects of these activities. Despite these difficulties, social
entrepreneurship and corporate social responsibility provide viable
paths to sustainability. Businesses, social entrepreneurs, and other
stakeholders may build a more sustainable future for everyone by
cooperating. Sustainability may now be attained with the help of
CSR and social entrepreneurship. We will examine how CSR and
social entrepreneurship might help sustainability and the difficulties
involved in putting these efforts into practice in this essay, which
solely relies on secondary data sources. The combination of CSR and
social entrepreneurship can result in a more sustainable future by
promoting responsible business practices and addressing social and
environmental challenges. Social entrepreneurship, on the other
hand, involves developing innovative solutions to social problems
while also generating revenue to the organization.
Keywords
CSR
Social Entrepreneurship
Sustainability
Environment
Innovative
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