Corporate social responsibility (CSR) refers to voluntary business practices that improve community well-being through corporate resources and discretionary contributions. CSR involves doing something voluntarily for social development, though some governments now mandate CSR initiatives for all companies. The document discusses a company's commitments to reduce water usage in production, recycle water, replenish water supplies through conservation initiatives, and empower local communities through sustainable projects while efficiently using water and striving for net zero groundwater usage.