CSR is neither charity nor doing what Govt is supposed to do with with the taxes that it collects from individual taxes and corporate taxes.
A Company is an organisation created for a commercial activity and not charity; it pays taxes to the Govt and those taxes are for what the Govt is supposed to do.
When a Company starts doing what a Govt is supposed to do it gains an authority on those matters and that should not be allowed.
CSR is what a Company can legally allowed to do but still does in a different way so that the society at large benefits.
For example, a Company may choose to pay high electricity bills or use high quantum of water by using to light up all its offices and use high quantum of water and pay for it too; but if the same company chooses to make use of natural light and conserves water thereby not consuming the natural resources so that the public at large has enough to use.
Similarly, a Company can hire either only men, or abled persons, or from a single region or religion, or community.
But if the same company hires physically disabled persons, or hires both genders in equal propositions or hires people from all languages or all religions or all regions it is doing a CSR without harming shareholder interests.
SImilarly, either a Company can go to IIMs and IITs which are Govt sponsored with public money or it can start its own educational institutions with its own sources and absorb the passed out students & creat
