Building skills a, one, the host is introducing the concept of corporate social responsibility. C, S, R, listen to the podcast and decide whether the following statements are true tea or false. F, if the information is not mentioned in the podcast circle. N, G, not given. Do companies have any social responsibility besides making money? Many people, including leading CEO, think so. Society as a whole is affected by what companies do, both positively and negatively. More business leaders have started acknowledging that they have a role to play in protecting the environment and improving the lives of people all around the world. Corporate social responsibility, or CSR, is the idea that companies go be on their business, aims to do something that will benefit society. When a company engages in C. SR, IT chooses to set higher standards for itself. Then what is required by law, one typical example would be to have a company wide environmental policy. A company might, for instance, decide to use only recycled paper and reduce its energy consumption. Making donations is another common form of C. S. R. A company will donate a part of its profits to a particular organization, such as an educational institution, a charity. Csr can be good for business. Firstly, IT can strengthen a company's reputation, and companies that engagin C, S, R are seen as trust reliable. For that reason, companies like to mention their C, S, R programs in their ads. Secondly, many consumers are willing to pay more for for products from companies that are ethical, unsustainable. Finally, C, S, R can also make companies more efficient. For instance, an environmental policy can reduce waste. A retail company that reduces the amount of packaging material accuses will be able to save money unless in its environmental impact.