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In the financial and corporate world, corporate social responsibility is given with a positive impact on performance. There are, however, several factors that show the need for corporate social responsibility. Our success allowed us to establish the New Balance Foundation in , and we continue to lead and serve local communities through corporate outreach and foundation grants, associate volunteerism and product donation.
Corporate Social Responsibility (CSR) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment in all aspects of .
Introduction New Balance is privately owned company, which is the second largest footwear manufacture in the United States and the fourth largest footwear manufacture in the world with annual sales in of $ billion (Veleva, ).
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