the contribution that a company makes to society through its core business activities, its social investment and philanthropy programs, and, its engagement in public policy is known as what? please be sure and spell these two words correctly.



Answer :

The contribution that a company makes to society through its core business activities, its social investment and philanthropy programs, and, its engagement in public policy is known as corporate citizenship.

Corporate citizenship is the level of societal responsibility that firms have toward upholding moral, ethical, and commercial norms.

The way a business utilizes its privileges, rights, and general corporate responsibility in our local and global settings is known as corporate citizenship.

When businesses utilize their core strengths to address opportunities, goals, and operating context concerns in the environmental, social, and governance (ESG) elements of business, corporate citizenship generates value.

Strong corporate social and environmental performance is no longer just a "luxury" component of a company's overall strategy, according to research.

Corporate social responsibility is essential for company in the modern, global economy.

Hence, the public policy is known as corporate citizenship.

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