The definition of business success goes beyond profitability, growth rate and brand recognition. In today’s world, customers, employees and other stakeholders judge a company by how its activity impacts the community, economy, environment and society at large. In other words, by whether it cares about the greater good and not only greater profit. Corporate social responsibility practices are a way to demonstrate your business’s stance on the matter.
Social responsibility is an ethical theory in which individuals and corporations are accountable for fulfilling their civic duty, and their actions must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment. If this equilibrium is maintained, then social responsibility is accomplished. Cornerstone recognizing the positive contribution of Corporate Social Responsibility to society, has adopted as part of its long-term strategy various actions for contributing to society.
Cornerstone (CY) HQ helps startup businesses grow and succeed by providing free workspace, mentorship, expertise, access to investors, and in some cases working capital.
The information contained on this website is for general information purposes only and should not be viewed as offering of any investment service