Corporate Social Responsibility of Tesla and Facebook (Essay Sample)

Corporate Social Responsibility Nowadays
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Corporate Social Responsibility Nowadays
Corporate social responsibility (CSR) is a business practice that integrates sustainable development into a firm’s business model. According to Grayson and Hodges (2017), the primary areas of concern include environmental protection, employees’ well-being, community, and civil society. Today, more companies have realized the significance of integrating social responsibility into their overall business strategy. This essay examines the aspect of CSR in the contemporary world with a specific interest in Tesla and Facebook.
As a leading social network with more than 2.85 billion global users, Facebook has invested in philanthropic activities, such as education, science and technology, and social justice through the Chan Zuckerberg Initiative (CZI). For instance, the CZI enables a partnership between students, teachers, and families to create tools and programs that meet students’ needs. With projects and tools like Meta and IDseq, Facebook has specialized in science and technology to solve biological, health care, and economic problems (Williamson, 2020). In addition, the social justice program focuses on criminal justice