CLP have organize social‚ recreational and sports activities to provide after-work relaxation for employees and their families In Hong Kong‚ Australia and India‚ CLP offer confidential Employee Assistance Program with professional counseling service to help employees address personal or work-related concerns. Those above activities are some of the example of corporate social responsibilities (CSR). These are mainly focus on the Society side of CSR. In its 2007 International Good Practice Guidance
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of families‚ the quality of life and even the very future of the planet. Significantly‚ most companies are still not reporting relevant Corporate Social responsibility (CSR) information. Some studies have found that most CSR reporting is of descriptive‚ self-congratulatory nature‚ alluding more to good intentions than actual CSR programs and rarely reporting any bad news about companies’ relationship with the environment”. Corporations have significant impacts on society‚ people’s life and environment
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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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Approximately 36 percent of Microsoft employees are from a district minority groups with equal pay and completive bonuses. They have also provided over 9.1 million dollars for people who cannot afford to pay their tuition. In addition‚ they have also trained over 1‚110 employees in WHMIS courses to increase awareness in their workplace. With all of these facts provided‚ Microsoft has been the leading conglomerate of having the best CSR. They have actively helped small businesses by purchasing
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Definition Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship‚ social performance‚ or sustainable responsible business/ Responsible Business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. CSR is a process with the aim to embrace responsibility
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CSR Does social responsibility & morality have a role in business? Yes,I think so. Any business will have various stakeholders such as investors‚ employees and customers etc. Before investment‚ investors will consider the company’s reputation‚ which involves the aspect of CSR.And customers become increasingly care about the environmental and social effect of a business. A company that fulfills its social responsibility will gain a more sustainable future than a company who fail to do so.
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ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR issue but lack of understanding
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Dell CSR Company Profile Michiel van Dijk & Irene Schipper Amsterdam‚ May 2007 Dell – CSR Company Profile Colofon Dell CSR Company Profile By: Michiel van Dijk & Irene Schipper February 2007 Stichting Onderzoek Multinationale Ondernemingen (SOMO) Centre for Research on Multinational Corporations This document is licensed under the Creative Commons AttributionNonCommercial-NoDerivateWorks 2.5 License. To view a copy of this license visit: http://creativecommons.org/licenses/by-nc-sa/2
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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
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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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