Critical Challenges in the Corporate Implementation of CSR
What Challenges Do Companies Face in Implementing CSR?Corporate Social Responsibility (CSR) has become an integral part of modern business strategy. Companies across the globe are realizing the importance of contributing to societal goals and improving their environmental, social, and governance (ESG) performance. However, the journey towards implementing CSR is fraught with complications. Here, we delve into the multifaceted challenges companies encounter in their CSR endeavors.Defining Clear ObjectivesThe first obstacle is setting a clear and actionable CSR agenda. Many organizations struggle to articulate what they want to achieve through their CSR initiatives. This confusion often stems from competing priorities within a…