The paper presents the basic features and development of socially responsible business in the Republic of Croatia and the world. Nowadays, socially responsible business is the most correct way to achieve success in the business world. Socially responsible business is an extremely important part of the business life of every company, and it will certainly be so in the future. For this reason, companies are increasingly implementing and emphasizing that their business policy is socially responsible and thus constitute one of the most important prerequisites for long-term survival and competitiveness in the market. The main purpose of this paper is to show how there are ways for complete change in an industry that is considered one of the largest polluters in the world. Since its inception, the textile industry has been facing major problems that have been addressed in more detail in the paper, such as issues related to the negative impact on the environment in which it operates, severe environmental pollution and the economic aspect of the current bad situation. After highlighting the problems faced by the textile industry, a company belonging to the same industry, which operates socially responsibly and serves as an example to others, was taken for the case study. Regalerija tepisi i tapiserije d.o.o. it has been studied and described through all three dimensions of socially responsible business: community (people-social dimension), environment (ecological dimension) and profit (success-economic dimension). It can be concluded from the paper that the implementation of socially responsible business does not mean a reduction in economic benefits. It represents the opening of market opportunities, a better image in the public, greater competitiveness and a number of other advantages. It can be said that in most cases, if the company correctly applies this concept in business, or makes great efforts to meet the weight and needs of all stakeholders, the effect will be positive.