Corporate social responsibility (CSR) refers to business practices that benefit society. The goals of CSR include increasing long-term profits, upholding high ethical standards to reduce risk, and encouraging positive environmental and social impacts. CSR can be based in human resources, business development, or public relations departments, or as a separate unit reporting to top executives. Key areas of CSR interventions include the environment, philanthropy, and ethical labor practices. CSR differs from other tools by creating shared value for businesses and society.