Abstract
The article discusses the concept of corporate social иresponsibility in the modern economy. The tools for implementing the social responsibility of companies are considered as forming their competitive advantages. The motives that encourage participants of modern economic relations to socially responsible behavior are determined. The role of the UN Global Compact as a driver of companies' activities in modern times is noted. The specificity of initiatives in the field of corporate social responsibility in modern Russia is characterized. The possible prospects for the development of this aspect of economic activity in modern Russia are revealed.