Abstract: In a corporate structure, there are many stakeholders, one of them are business houses or companies. These business houses contribute significantly to its pool that affect their internal stakeholders and support the initiatives of the company openhandedly. In India companies like Tata and Birla are practicing Corporate Social Responsibility (CSR) for decades, long before CSR become a popular base. There are many areas where companies have played a key role in addressing issues of education, health, environment and livelihoods through their statements of CSR throughout the country. According to the United Nations and the European Commission, CSR leads to the triple bottom line concept, environmental protection and the fight for social justice. It is important that the business sector identify, promote and implement effective policies and practices to achieve triple bottom line.