As one of the most reputable companies in the world, Lego aims to not only help children develop through creative play, but foster a healthy planet. Interest groups can be either public or private. An economic system is a system that a society uses for resource allocation, production and distribution of value. Interest Group Adidas. Corporate social responsibility is a way of doing business that aims to increase a company's social impact while meeting business objectives such as growth and revenue goals. One Global Network 5. 3 Supporting charity and philanthropy initiatives Going beyond legal requirements in adopting progressive human resource management pro-grams Not testing product on animals It implies the concept of consumer responsibility which can affect many areas from the ecological impact of consumption to its social, economic and health impact. Let’s look at some specific corporate social responsibility examples and consider what company practices can inspire trust in consumers. It can also refer to any effort to improve a company's eco-friendliness or carbon footprint. Externality: An externality is a consequence of an economic activity experienced by unrelated third parties ; it can be either positive or negative. CSR Examples McWilliams, A., & Siegel, D. (2001). A person, such as a very small child, who has no agency also has no personal responsibility. Although it may often be the case that when a person is morally responsible for an act, they are also legally responsible for it, the two states do not always coincide. Types of Corporate Social Responsibility | Pacific 1. This section identifies the State's efforts to support the State's strategic vision and goals that are identified in the Strategic Planning … Public, Private and Economic Interest Groups. Examples