The expectation that business has a responsibility to the immediate communities in which they operate and to national development imperatives has become entrenched in society. Globally, businesses have responded by embracing the discourse and practice of corporate social responsibility (CSR), albeit at different levels. Such responses have been shaped by local business cultures and the national economic and political contexts.
The discourse on CSR or corporate social investment (CSI) has ascended to global prominence, and there are numerous definitions of what it consists of. However, emerging and common themes point towards legislative compliance, meeting stakeholder expectations and contributing to the upliftment of the broader society while increasing and sustaining business profitability.