what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? Conventionally‚ Corporate Social Responsibility (CSR) was defined as actions businesses take to improve society’s welfare (McWilliams and Siegel‚ 2011). Currently‚ CSR has expanded into developing new business models that honor human rights‚ combat societal and environmental challenges‚ and profit companies at the same time (“Business case for CSR”‚ 2013). CSR also emphasizes on engaging shareholders in decision-makings
Premium Corporate social responsibility Social responsibility
Project proposal synopsis Title of the Project: Evaluating the dynamics of CSR in NLC (Neyveli Lignite Corporation Ltd) Project Guide : Mrs. A. Bharathy‚ M.B.A.‚ M.Phil.‚ Ph.D Assistant Professor‚ Department of Management‚ Pudhucherry University Community College‚ Lawspet‚ Pudhucherry – 8. Submitted by: B. Anandapadmanaban Enrol. No. 081274467 IGNOU MBA (HR) Contents |Chapter |Topic
Premium Corporate social responsibility Social responsibility
otherwise known as CSR‚ has been defined as the continuing commitment by businesses to contribute to economic development while improving the quality of life of the workforce and their families‚ as well as the local community and society. Studies have shown that businesses can no longer ignore communities within their areas of operations otherwise they risk harmonious coexistence. For many companies‚ managing CSR is no longer seen as an extra cost or burden. Rather‚ CSR is increasingly viewed
Premium Corporate social responsibility Project management Term
1. What are the main ethical issues and dilemma BP faces in this case? A project that is on a large scale faces some issues‚ including: There are concerns about the coating of the pipeline and the risks of leakages‚ in particular in Georgia‚ where oil spills might significantly impact the country’s strategic water resources in the Bojorni National Park. Concerns were also raised over the fact that the pipeline runs through earthquake zones‚ which leakages nearly inevitable or could not be avoided
Premium Ethics Social responsibility Virtue ethics
Corporate Social Responsibility (CSR). Some may debate that it decreases company’s profits by spending much money on CSR. However‚ according to Needle (2004)‚ ‘good’ CSR is also good for business‚ a firm could benefit from doing CSR. Thus‚ this paper aims to explain its importance. It begins with the definition of CSR and its four responsibilities‚ then presents how it influences a business and benefits it can bring. Finally‚ I am going to describe strategic CSR and discuss why firms have social
Premium Social responsibility Corporate social responsibility Business ethics
Analysis of CSR in a case of "Gazprom" 3.1. A Brief presentation of the company and Russian CSR concept The trend of taking into consideration the elements of CSR in Russia could be compared with the Soviet times‚ when all the companies tried to establish only the CSR programs in a social and cultural environment. The Russian companies see CSR programs focusing only on the group of stakeholders and especially on internal environment-on the workers and mostly all the companies follow as
Premium Social responsibility Russia Corporate social responsibility
(Bomannahalli) 2. Do you practice CSR in your Company? Yes No 5 0 100% 0% If Yes‚ When did you started practicing CSR? 1990 2000 2009 for long From last 3-4 years 3. Which CSR Initiatives do you follow? Worldwide Responsible Apparel Production (WRAP) Clean Clothes Campaign (CCC) Ethical Trade Initiate (ETI) Fair Labor Association (FLA) Social Accountability International (SAI) Worker Rights Consortium (WRC) Other 1 0 0 1 1 0 3 17% 0% 0% 17% 17% 0% 50% 4. Which CSR practices are most commonly followed
Premium Sweatshop Corporate social responsibility Child labour
The Centre for Society & Religion (CSR) marks the 40th year of its existence in 2011. Begun in 1971 amidst and in response to socio-political upheavals and the radically new thinking emanating from the Second Vatican Council‚ the Centre has continued to blaze a trail in taking up the cause of victimized and marginalized sections of the society. As it was then‚ the CSR in our times too finds itself in the midst of anti-people developments and trends. As the CSR reaches its 40th year‚ it is opportune
Premium Social justice Ideology Liberation theology
4 | 2. What is corporate social responsibility? | 5 | 3.Company Profile: | 6 | 4.Case Study: | 7 | 5.Other Example of CSR Activities of IBM: | 8 | 6. Why IBM involved with Corporate Social Responsibility (CSR)? | 8 | 7. Why IBM involved with Corporate Social Responsibility (CSR)? | 9 | 8.Conclusion: | 9 | INTRODUCTION : Corporate Social Responsibility (CSR) is becoming an increasingly important activity to businesses nationally and internationally. As globalization accelerates and
Premium Corporate social responsibility IBM Social responsibility
Corporate social Responsibility (CSR) practices are fast gaining importance as a means for companies to gain market access and customer loyalty‚ thus resulting in long-term business sustainability. What are the drivers pushing business towards CSR and how important is it. CSR Summary Corporate Social Responsibility (CSR) is the continuous commitment by business counterpart to behave ethically whilst contributing to the economic economy of the country without neglecting the living standard of its
Premium Business Social responsibility Corporate social responsibility