Large companies should invest in welfare of the local communities by providing them sports and other basic facilities to improve their living standards. companies should invest some part of their profits for the betterment of the society, this makes them socially responsible.
Large companies can help in making earth a better place to live for everyone. Many people in most parts of the world are suffering from poverty and lack of resources for development. Well established firms can help in developing backward communities. For instance, building roads and drainage systems can improve hygiene of the people. Providing water resources can greatly help the people in these areas. For example, in many developing countries, there are no drinking water facilities, large firms can take up the ineciative of improving water resources which finally results in the development of community. However, its the personal choice of the companies to help the local community.
Providing Sports facilities can help children as these provides them a source of entertainment and improve their health. Playing sports make people to exersice regularly moreover, it gives a healthier lifestyle to people. For example, an Indian company named Reliance adopted many communities near its industries. They have provided many sports facilities such as cricket grounds and outdoor gyms, these developments made children in these areas very happy and helped them to improve their skills in the game.
I personally agree that companies should help in development of the local communities by improving sports and community facilities. In conclusion, large firms can invest some part of their profits into community developments like providing drinking water facilities and establishing grounds to play games, so companies can be socially responsible.