b. i) Steps to Implement a Corporate Social Responsibility (CSR) Policy:

1. Conduct a CSR Assessment: Evaluate existing practices and identify gaps or areas for improvement in social responsibility initiatives.
2. Define CSR Objectives: Establish clear, measurable goals that align with the organization’s mission, values, and stakeholder expectations.
3. Engage Stakeholders: Involve employees, customers, suppliers, and community members in discussions to ensure diverse perspectives are considered.
4. Develop a CSR Strategy: Create a detailed plan outlining initiatives, responsibilities, resources needed, and timelines for implementation.
5. Allocate Resources: Dedicate the necessary financial, human, and material resources to support CSR initiatives effectively.
6. Implement CSR Initiatives: Launch the planned activities and ensure effective communication of CSR efforts both internally and externally.
7. Monitor and Evaluate: Regularly assess the impact of CSR initiatives against the set objectives and make adjustments as needed.
8. Report on CSR Activities: Transparently communicate the results and outcomes of CSR initiatives to stakeholders, emphasizing successes and lessons learned.

b. ii) Importance of Sustainable Development to Society:
Sustainable development is essential for ensuring that current needs are met without compromising the ability of future generations to meet their own needs. It promotes responsible use of resources, encourages economic growth while protecting the environment, and fosters social equity. Sustainable development supports initiatives that balance economic, social, and environmental goals, leading to healthier communities and ecosystems. It also drives innovation and investment in sustainable practices, contributing to long-term resilience and stability in society.