CSR aims to balance the interests of stakeholders, including shareholders, employees, customers, suppliers, and the community, while minimizing negative impacts on the environment.

Philanthropy is a voluntary act of giving, while CSR is a strategic approach to managing a company's impact on society and the environment.

The TBL approach recognizes that a company's success should be measured not only by its financial performance but also by its social and environmental impact.

Social responsibility initiatives aim to improve the well-being of employees, customers, suppliers, and the community.

CSR can lead to improved brand reputation, customer loyalty, reduced operating costs, and increased shareholder value.

Stakeholders play a crucial role in CSR by holding companies accountable, providing support, and participating in decision-making.

Environmental responsibility initiatives aim to minimize a company's negative impact on the environment.

CSR can help companies manage risks by identifying and mitigating social and environmental risks, reducing compliance costs, and improving operational efficiency.

Government plays a role in CSR by regulating practices, providing incentives, and promoting awareness and education.

Economic responsibility initiatives aim to ensure that a company's activities contribute positively to the economy.

CSR can help companies attract and retain top talent by creating a positive work environment, offering competitive benefits, and demonstrating a commitment to social and environmental responsibility.

CSR and philanthropy differ in terms of their strategic nature, focus on long-term impact, and alignment with business goals.

CSR can contribute to sustainable development by promoting economic growth, protecting the environment, and promoting social justice.

Companies face challenges in implementing CSR initiatives due to lack of resources, resistance from stakeholders, and difficulty in measuring impact.

Trends shaping the future of CSR include increasing stakeholder engagement, greater focus on environmental and social issues, and integration of CSR into core business strategies.