Does a company have to act selflessly to be considered socially responsible?

A company does not have to act selflessly to be considered socially responsible; rather, it can pursue social responsibility while also seeking profit. Socially responsible behavior often involves balancing economic goals with ethical practices, community engagement, and environmental stewardship. Companies can enhance their brand reputation and customer loyalty by integrating these values into their business strategies, benefiting both society and their bottom line. Ultimately, the key is finding a sustainable approach that aligns profit motives with positive social impact.