Corporate Social Responsibility
Using the information covered in Chapter 3 of your textbook, briefly define corporate social responsibility (CSR) in your own words.
Social responsibility is how a corporation presents itself in society, how it can influence the lives of its stakeholders, and the obligation to hold itself accountable for its effect on the community and environment due to company actions or inactions.
How is the company you selected from the Approved Company List accountable to itself, its stakeholder, and the public?
Capital One has “three core pillars: 1) advocating for an inclusive society; 2) building thriving communities, and 3) creating financial tools that enrich lives (1)”. They have also steadily lowered their energy output and greenhouse gas emissions since 2018(2). In an interview for LinkedIn, Shavonne Gordon- the head of Capital One’s diversity recruitment sector- went over the various ways capital one holds itself accountable, including instituting a program called advancing black leaders, which helps associates partner with senior-level members to help them reach their career(3). They also have representation requirements for interviewees and panel members(3). a new five-year, $200 million commitment to advancing the goal of sustained socioeconomic mobility.
Find a current event in the past 1–2 years in which your selected company went above and beyond to demonstrate CSR or where they may have sorely failed. In your post, provide the good or bad deed.
Do your findings change how you will support the company in the future?
In 2020 Capital One implemented a $200 million impact initiative to ” advance Socioeconomic Mobility (1)”. Essentially they have partnered with organizations that focus on providing resources or services to underrepresented communities to help further economic opportunities and create a more equal society. Capital One assists by providing the resources to help those programs be successful.
Finding out this information does not affect my association or how I interact with Capital One. It does make me look at their company in a more favorable light. However, I still will probably not have much interaction with the institute myself- I do not own any of their credit or debit cards and have no plans on signing up for one anytime soon.
References
https://capitalone.com/about/corporate-information/csr-2019/
https://investor.capitalone.com/static-files/5e126c92-c312-4512-b799-d57e31b14810 .PG 5
https://linkedin.com/business/talent/blog/talent-acquisition/how-capital-one-holds-itself- accountable-on-diversity-and-inclusion
-Ashtin W.
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Question 
Corporate Social Responsibility
Corporate Social Responsibility
- Using the information covered in Chapter 3 of your textbook, briefly define corporate social responsibility (CSR). Then, find a current activity in the past 1-2 years where the company you selected from the approved list went above and beyond to demonstrate CSR or where they may have sorely failed. In your post, provide details on the good or bad deed. Do your findings change or enhance the way you will support the company in the future?
- Cite the textbook to support your response.
- Be sure to respond to at least one of your classmates’ posts.
Copy and paste the link below to access chapters 2 and 3 for this discussion board
https://media.capella.edu/CourseMedia/sumid000144/wrapper.asp