Social Responsibility is an ethical framework which suggests that an entity, be it an Organization or Corporate has an obligation to act for the benefit of society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems. A trade-off may exist between economic development, in the material sense and the welfare of the society and environment, though this has been challenges by many quarters in the past decade.
Social responsibility means sustaining the equilibrium between the two. It pertains not only to business Organizations but also to everyone whose any action impacts the environment. This responsibility is active by performing activities that directly advance social goals.