From Longman Business Dictionarycorporate social responsibilityˌcorporate ˌsocial responsiˈbility (abbreviation CSR also corporate responsibility) [countable, uncountable] the idea that a company’s role is not just about producing goods, but that it has a duty to help people in society and protect the environmentFor our firm, corporate responsibility means striving to do what is right and being a good neighbor in the community.Corporate social responsibility (CSR) is becoming fundamental to the creation of long-term wealth for corporations, as well as being ‘the right thing to do’. → responsibility