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Pro Bono – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is Pro Bono?Pro Bono is coined from the Latin phrase pro bono publico. Pro bono means working for the public, and its popularly utilized in the legal profession. Generally, it refers to professional services offered voluntarily at no cost to the recipient. The...

Social Responsibility – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is Social Responsibility?Social responsibility is a social theory that maintains that businesses, organizations, and entities should not just focus on making a profit; rather, they also have an obligation towards the benefit of the society. Social responsibility...

Social Enterprise – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is Social Enterprise?A social enterprise refers to a business or a commercial organization whose main objectives are social and environmental impacts. A social enterprise generates income by maximizing all potentials that will have positive social and...

Fair Trade Investing – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is Fair Trade Investing?Fair trade investing is a method of investment that places value on promoting fair trade with suppliers of emerging countries. In this form of trading, an investor only purchase or sell from and to companies that enhance fair trade in...

Impact Investing – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is Impact Investing?Impact investing refers to a form of investment that is tailored towards generating significant environmental and social impact. Companies and organizations that are socially responsible are scouted by investors or individuals that want to...

SA 8000 Certification – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Ethics & Social Responsibility

What is SA8000 Certification?SA8000 Certification is an attestation issued to a company having met the criteria and standards of SA8000. SA8000 was established in 1989 by a coalition of corporate organizations. It is an international workplace-quality standard or an...
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