"There is only one responsibility of business, namely to use its resources and engage in activities designed to increase profits." Do you think corporations, by indulging in social responsibilities, are compromising their core resource utilisation and production responsibility by diverting resources into unproductive social endeavours?

Corporate business have the aim of maximising their own interests and generating profits. But, as they tend to utilise resources like forests, water, land etc that are commons, so they also have responsibility towards society as well. As this context, Corporate Social Responsibility holds value as - (1) Compensate to negative externalities like pollution, waste etc. (2) Social infrastructure like educational & health