We subscribe to the definition of social responsibility based on the following description as taken from http://en.wikipedia.org/wiki/Corporate_social_responsibility:
Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its support to law, ethical standards, and international norms. Consequently, business would embrace responsibility for the impact of its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, CSR-focused businesses would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. Essentially, CSR is the deliberate inclusion of public interest into corporate decision-making, and the honoring of a triple bottom line: People, Planet, Profit.
The combination of entrepreneurship and social enterprise provides a formula for a new kind of capitalism—a more humanitarian capitalism—espoused by Nobel Laureate, Muhammad Yunus, Yunus (2007) asserts that “We need to reform the capitalist system to make room for social enterprise.” In his view, generating ideas for social businesses is the most important, immediate challenge of today’s business thinkers.”
The notion that teenagers can make the world a better place must seem unrealistic and overly idealistic, especially to the hard-nosed business people amongst us. Teens, however, are not weighed down by failure—they have the enthusiasm, optimism and belief that success is possible. SAGE provides youth with a platform to share their first taste of success, allowing a venue with which to share their stories.
For those SAGE teenagers who do not actually go on to launch their own, adult enterprises someday, we are convinced that the entrepreneurial, “can-do “attitude learned through SAGE can benefit them no matter what they choose as a career. Thus, SAGE is as much about education as it is about entrepreneurship. As an action-based, hands-on education program, teens have the opportunity to apply textbook knowledge in real-world settings.