Corporate social responsibility, also known as sustainability, corporate responsibility and corporate citizenship is about companies “going beyond looking solely at how to make the most money, to include a wider commitment to building a better society” (BBC). Practically this takes the form of investing in local communities and caring for the environment. This can look like anything from companies running mentoring programmes in local schools and universities, to giving money to charity, doing volunteering in the community and employees sitting on advisory boards of local organisations. One company has a charity partner for a full year, chosen by the employees. All fundraising goes to that partner for the year and they get a space in the company offices. Another company brings students form local schools into the office, where they run sessions on professional etiquette, CV writing, have a conference call with one of their overseas offices and give them some time to workshadow. CSR also involves thinking about how the company can care for the environment. One company for example always keep their lights on over the weekend, and had one weekend where they switched their lights off to save electricity.
Read more about CSR here.
The Guardian has a page on CSR where you can keep up to date with what is going on in the industry.