MRL2601
Assignment 2 Semester 2 2025
Unique Number:
Due Date: September 2025
QUESTION 1
Corporate Social Responsibility and the Companies Act 71 of 2008
Corporate Social Responsibility (CSR) refers to a business approach in which companies
voluntarily take accountability for their economic, social, and environmental impacts. It
promotes sustainable development by ensuring that businesses contribute positively to
society while still aiming for profitability. CSR encourages companies to engage ethically with
all stakeholders, including shareholders, employees, suppliers, communities, and the
environment, acknowledging that corporate decisions affect more than just the bottom line.
In South African company law, CSR is closely linked to corporate governance, which ensures
responsible corporate conduct while pursuing efficiency and profitability. The Companies Act
71 of 2008 reflects the principle of CSR in several provisions.
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Terms of use
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
By making use of this document you agree to:
Use this document
Fully accept the consequences
solely as a guide forshould you plagiarise
learning, reference,or and
misuse this document.
comparison purposes,
Ensure originality of your own work, and fully accept the consequences should you plagiarise or misuse this document.
Comply with all relevant standards, guidelines, regulations, and legislation governing academic and written work.
Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.
Assignment 2 Semester 2 2025
Unique Number:
Due Date: September 2025
QUESTION 1
Corporate Social Responsibility and the Companies Act 71 of 2008
Corporate Social Responsibility (CSR) refers to a business approach in which companies
voluntarily take accountability for their economic, social, and environmental impacts. It
promotes sustainable development by ensuring that businesses contribute positively to
society while still aiming for profitability. CSR encourages companies to engage ethically with
all stakeholders, including shareholders, employees, suppliers, communities, and the
environment, acknowledging that corporate decisions affect more than just the bottom line.
In South African company law, CSR is closely linked to corporate governance, which ensures
responsible corporate conduct while pursuing efficiency and profitability. The Companies Act
71 of 2008 reflects the principle of CSR in several provisions.
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Terms of use
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
By making use of this document you agree to:
Use this document
Fully accept the consequences
solely as a guide forshould you plagiarise
learning, reference,or and
misuse this document.
comparison purposes,
Ensure originality of your own work, and fully accept the consequences should you plagiarise or misuse this document.
Comply with all relevant standards, guidelines, regulations, and legislation governing academic and written work.
Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.
