Businesses are actively involved in the success of today’s world. Corporate social responsibility and sustainability strategies enable businesses to develop a connection with society. Philanthropy among businesses is the standard norm. Philanthropy enables businesses to solve some of the societal burning issues. For instance, philanthropy from businesses has enabled many girls to access sanitary pads. Often, businesses’ philanthropy activities provide educational opportunities to disadvantaged students. Human capital development is the primary source of society’s growth and development. As such, philanthropy as corporate social responsibility enables businesses to be actively involved in human capital growth.
Climate change is a primary concern in modern society. Industrialization is threatening humanity’s existence. At the moment, businesses need to be involved in climate conservation. The long-term survival of numerous businesses depends on climate change. As such, businesses are heavily investing in preserving natural resources. Such a sustainability strategy coupled with a continuous effort to reduce environmental pollutions is essential to prevent further climate change. Noteworthy, businesses’ corporate social responsibility towards climate change involves heavily investing in climate research. Electric vehicles are a result of innovation and research that will significantly mitigate the effects of climate change. Thus, this significantly reduces any potential future economic costs resulting from climate change.
Diversity is fundamental in the twenty-first century. The world is a global village. As such, there is a need for an objective understanding and acceptance of diversity. Businesses have instituted sustainability strategies to ensure that their employees represent the various aspects of diversity. Such an effort portrays a global united front towards getting rid of any diversity stereotypes. The world cannot withstand any form of human life violations due to a lack of empathy for diversity. Most businesses have labor policies that provide equal employment opportunities to all. Disability is not inability. Businesses are offering excellent employment opportunities to the disabled to ensure they positively impact the world.