CSR Full Form is Capital Social Responsibility. This term refers to the business practice, which involves in taking part in social initiatives. It is also termed as Corporate Conscience or Responsible Business or Corporate Citizenship. In simple words, CSR is a type of self-regulation of corporates integrated into business models. Different countries have identified different ways of CSR.
For instance, for consumers of China, CSR offers high-quality and safe products. For Germans, CSR offers secure employment. For South African citizens, CSR contributes towards education and health care. There is one more approach to CSR. That is to incorporate the strategy of CSR into operations directly. For example, this could be procurement of a Fair Trade Coffee and Tea.