An organization's voluntary obligation toward the environmental good.

An organization's voluntary obligation toward the environmental good.

• A. Corporate Governance
• B. Social Responsibility
• C. Sustainability Initiative
• D. Environmental Stewardship

Answer: (B)

The idea being tested is voluntary actions by a company to benefit society, including the environment. This is what social responsibility embodies: acting beyond legal requirements to promote the well-being of people and the planet, with environmental considerations as a key component. Corporate governance is about how a company is run and held accountable, not about voluntary environmental commitments. A sustainability initiative describes a specific program aimed at long-term viability rather than the overall obligation to act for the environmental good. Environmental stewardship focuses on protecting and caring for natural resources, which is part of social responsibility, but the broader concept that captures the voluntary, society-wide duty is social responsibility.

The idea being tested is voluntary actions by a company to benefit society, including the environment. This is what social responsibility embodies: acting beyond legal requirements to promote the well-being of people and the planet, with environmental considerations as a key component. Corporate governance is about how a company is run and held accountable, not about voluntary environmental commitments. A sustainability initiative describes a specific program aimed at long-term viability rather than the overall obligation to act for the environmental good. Environmental stewardship focuses on protecting and caring for natural resources, which is part of social responsibility, but the broader concept that captures the voluntary, society-wide duty is social responsibility.