a. Why do CSR and the alcohol industry seem to be incompatible? Corporate social responsibility is a form of corporate self-regulation by which companies take into account the impact of their activities on the environment‚ consumers and all the members of the public sphere. But how is it possible to include public interest into corporate decision-making in the alcohol industry? * What does Corporate Social responsibility mean? Corporate Social Responsibility is about how companies manage
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contribute to the company’s vision ‘to be the standard against which others are measured’. Central to the running of these units are the values of M&S. These include quality‚ value‚ service‚ innovation and trust. Each business unit develops its own CSR strategy based around the brand value of trust. The issues tackled in the strategies are identified from a combination of customer research‚ understanding within the business and by talking with other key stakeholders‚ NGOs‚ government etc. For each
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A. INTRODUCTION: BP is one of the world’s driving global oil and gas organizations‚ with around 80‚000 employees and operations in more than 80 nations on six continents. The organization’s primary exercises are oil and gas investigation and creation‚ petroleum‚ lubricants‚ supply and transportation. BP gives its clients with fuel to transportation‚ energy for heat and light‚ retail administrations and petrochemicals items. • Founder: William Knox D’Arcy • Incorporated: 1908 as Anglo-Persian Oil
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2.2 BP Solar BP has responded through its thin film photovoltaic cells designed to reduce manufacturing costs towards a level at which solar energy will become economically competitive compared with other energy sources. As BP’s Energy Commission chairman stated: "Our goal is to eliminate the ’Catch 22’ faced by producers of renewable technologies…without the promise of volume sales‚ there is little incentive for a company to make the investments that could bring down costs and make these products
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the background. Then‚ suddenly they hear the words breaking news and now decide to tune into what the dull lady is revealing. She announces that an oil spill has erupted in the Gulf of Mexico and the company “BP” is smothered all over the screen. The child only can only understand one concept: BP was the sole cause of this oil spill. To clarify‚ the child did not learn the real causes for this catastrophic disaster. On April 20‚ 2010‚ the oil rig called Deepwater Horizon exploded‚ causing 3.19 million
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spewed out into the sky. Mr D’arcy got the news five days later due to the low speed of Persian telegrams . Mr William D’Arcy directly said “If this is true‚ all our troubles are over”. Within a year ‚ the anglo-persian company which one day became BP was in business. This huge success of this new company potential lead to the opening of trading houses in London and Glasgow for the Anglo-Persian Stocks After the near loss of everything for William d’Arcy‚ he was richer than he had ever been in his
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results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and may build a good reputation to the company. The three main responsibilities and roles usually discussed are in the perspective of business‚ social and environment (CSR Singapore Compact 2005). Despite the fact that
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LLOYD 4 PLL MISSION 5 PLL VISION 5 3. Overview of CSR activities 6 4. CSR ACTIVITIES 10 4.1 Life Enrichment Program 10 4.2 VILLAGE DEVELOPMENT PROGRAM 14 4.2.1 Education 14 4.2.2 Economic 16 4.2.3 Health 17 4.2.4 Social 17 4.2.5 Religious 18 5. Recommendations 19 Implementation process: Identification of projects and consult with local communities 19 6. References 23 1. Corporate Social Responsibility CSR‚ also called corporate conscience‚ corporate citizenship
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Annual Report Project Did BP responded adequately and efficiently after the Oil Spill in April 2010 TABLE OF CONTENTS Introduction p. 1 BP Oil spill characteristics p. 2 Cost Analysis of the spill p. 6 Clean-up of oil spill and recover environment p. 6 Estimation and recognition of the cost………………………………………………..p. 6 Financial highlights…………………………………………………………………….p. 7 1. Sale of Assets/ Opportunity Cost 2. Share Price Drop
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