Read the words or phrases and their explanations. Then complete the following paragraph with the words or phrases. Change the form when necessary. 1 corporate citizenship: the social responsibility of businesses and the extent to which they meet legal, economic and ethical responsibilities as established by shareholders 2 environmentally friendly: not harming the environment 3 conduct: the manner in which an organization or activity is managed or directed 4 human rights: rights inherent to all human beings, regardless of race, sex, nationality, ethnicity, language, religion, or any other status 5 risk management: the process of identifying, analyzing and managing the risks an organization faces 6 sustainable development: the organizing principle for meeting human development goals and at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend Corporate Social Responsibility, or CSR, is a concept that is changing the way that companies conduct their business operations at home and abroad. Otherwise known as ________________ or Corporate Responsibility, CSR encourages firms to adopt practices that are based on principles of good ______ in relation to issues such as ___________________, climate change, __________, and ethical business. In addition to this, CSR provides public relations opportunities for companies to promote themselves in new and existing markets and to develop innovative products and services which are more __________________. CSR also motivates companies to put in place _____________ strategies that eliminate business practices which could expose them to negative publicity in the media.