Assignment on Corporate Social Responsibility at Indian Tobacco Company Submitted By: Niladri Dutta (17) Debanjan Bhattacharyya (19) Shree Shreast (32) K Madhu (30) Rashi Singh (43) CSR at ITC Abstract The paper analyzes CSR activities of ITC ltd. (100th year) through strategic lens.ITC Limited (BSE: 500875) is a conglomerate with headquarters in Kolkata (India)‚ having turnover of Rs.26‚ 259 crores‚ pretax profits Rs.6015 crores‚ has initiated a number of corporate social
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Strategic Corporate Social Responsibilities and Law Contents BP Company Info 3 Deepwater Horizon Oil Spill Event 4 Summary of the Deepwater Horizon Event 5 Stock price before and after Deepwater Horizon 7 Impact on Stakeholders 8 BP’s Oil Spills and Corporate Social Responsibility 9 Inadequate disclosure on the oil spill event 11 Recommendations for BP to get reputation back 13 Conclusion 14 BP Company Info BP is a global oil and gas company headquartered in London‚ United
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(a) Discuss on the importance of corporate social responsibility to business organisations. (20marks) The CSR activities will bring some benefits. Firstly‚ it would enhance the organization’s credibility and reputation. As for risk management‚ modern organizations implement risk management strategies to decrease or even eliminate the risk posed on the organization by a variety of practices associated to several potential threats. Organizations that have made strong efforts over the years
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CORPORATE SOCIAL RESPONSIBILITY Question 1: Discuss the CSR practices of any one organization of your choice. Answer Coca Cola India is the organization which has been winning the ‘Golden Peacock’ award for Environment Management many times. Hence I have selected it as the organization whose CSR practices I will be discussing here. The company proudly states its 120 year old history with its global presence in about 200 countries and 90‚500 associates. The company contributes not only to the
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Trade Unions in the TNC Supply Chain and their relationship with the CSR movement Case Summary ESRC/Case study/B/1 Chinese enterprises are essentially passive players at the sharp end of CSR in China. They are in a position of having to juggle between the different factors governing the development of industrial relations in China‚ including trade union reform. In this often tense dynamic‚ CSR is seen as an external factor and trade unions an internal factor. These two factors have an impact
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individual principles and ideals. Resultantly‚ ethical matters are not easy to put into effect and easy to overlook. Corporate social responsibility (CSR) is rapidly becoming one of the principles on which modern business is built (Hancock‚ 2004). Areas can be identified were improvements should be made‚ and use it for strategies in future business plans. CSR refers to the economic‚ legal‚ ethical and discretionary responsibilities (Carroll & Buchholtz‚ 2000; Swanson‚ 1995). The organisations are furthermore
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awareness? 1. Corporate Social Responsibility Corporate Social Responsibility (CSR) by a company is seen through the public as a way of providing to the society through goodwill and donations. In actual fact‚ CSR means much more than that. (Hopkins 2007) defines CSR as “treating the stakeholder of the firm ethically or in a responsible manner”. To expand on what Hopkins mention‚ (Wan-Jan 2006) describes CSR as a combination of a business and ethical strategy. By not expecting anything in return
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Siemens and the illusion of CSR and codes of business integrity Siemens just settled on a major international corruption case. It turns out that over the past decade Siemens and some of its subsidiaries made at least 4‚283 payments either to public officials or “agents” to secure or retain contracts. The estimated amount of the payments made in more than ten countries surpassed $1.4 billion. During the current case‚ the criminal damages from Siemens were calculated to amount for up to $2.7 billion
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TOYOTA RECALL: An issue that put its aim of “moving forward’’ to a standstill CSR‚ Corporate Social Responsibility‚ is currently a fashion in the business world. Many corporations and/or organizations set up divisions of CSR and have been publishing reports of their CSR activities in the past decade. To explain and understand this concept further let me tell you about the most talked about organization in the past few years‚ Toyota Motors which has been facing certain criticism in its business
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CSR Initiatives by ONGC The major CSR initiatives taken by ONGC are as follows: ONGC subsidiary MRPL has taken CSR initiative “Samrakshan”. Under this initiative the company has done construction of an Anganwadi building‚ donating scientific teaching aids‚ providing infrastructural facilities including cupboards to schools. This initiative also covers 53 schools around MRPL and 16 schools around sarpadi village. ONGC has started an initiative called “PURA”‚ concept put forth
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