ABSTRACT

Throughout the chapter, we will look at examples of case studies of big fat companies involved in different contexts around the world who have adopted a wide array of CSR initiatives and practices across a wide variety of sectors. By addressing several social and environmental issues either through stakeholder relations and collaborations with NGOs or agencies or adhering to government regulations regarding corporate social responsibility, the chapter aims to highlight the active participation of companies from developed or developing nations towards challenging opportunities. Companies’ nature plays an important role in determining the kind of CSR practices they undertake, or else the environmental or social situation of the country dictates the manner in which CSR practices should be undertaken. Collaboration with government or non-government organizations makes it easier to implement CSR practices for corporations. Diverse CSR practices have been practiced by both developing and developed countries. We are now in the midst of a time when businesses are able to provide more to society than they have received by transforming challenges into opportunities through a magic word called Corporate Social Responsibility.