According to the online course Sustainable Business Strategy, corporate social responsibility (CSR) is the concept that a business has a responsibility to the society in which it operates. 

  Firms that embrace corporate social responsibility are typically structured in a way that allows them to be and act responsibly. It is a type of self-regulation that can take the form of initiatives or strategies, depending on the goals of the organisation. 

  The definition of “socially responsible” varies from organisation to organisation. Firms are frequently guided by the triple bottom line concept, which states that a company should be committed to measuring its social and environmental impact in addition to its profits. The phrase “profit, people, planet” is frequently used, to sum up, the driving force.