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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Responsibility (CSR) can improve the competitiveness of a company and that the CSR activities develop a favourable corporate image and their financial performance (Burke & Logsdon 1996). CSR is defined as the obligation of organisation management to make decisions and take actions that will enhance the welfare and interests of society as well as the organisation (Samson & Daft 2009). Some say that the significance of social responsibility has been changed up until today in that CSR activity may not
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Name: Mary Grace Calalas BSBA-4 Date: October 25‚ 2012 Subject: CSR Teacher: Miss Cherrie Grace Abkilan Child Labor Free Barangay Campaign MGC Dress and Shoes Corporation I. TITLE OF THE CSR PROGRAM “Child Labor Free Barangay Campaign” II. RATIONALE This program is designed to help less fortunate and those children that at the young age they already work for their family. In this program we’re going to have a solution for those child laborers for them to be minimized. The
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EXAMPLES OF GOOD CSR AND BAD CSR IN TELECOMMUNICATION IN INDUSTRY Evaluating CSR using B&L Framework | Ashwani K Sinha CONT ENTS 1. 2. INTRODUCTION .................................................................................................................................................. 3 SELECTION OF INDUSTRY .................................................................................................................................... 3 2.1 2.2 2.2.1 2.2.2 CSR issues in general
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Perodua – Advertising with social dimension Executive Summary Perodua was set up as a national car project in the year 1993. In the initial years of its inception the company operated in a protected environment marked by both tariff and non-tariff barriers. By the year 1998 leveraging on its high local sourcing strategy the company‚ along with Proton‚ managed to capture up to 90% market share. In 2001 the company set up a joint venture with Daihatsu Motor Co. and Mitsui & Co.‚ the
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Manish Chowdary (G035) Index Sr. No. Contents Page No. 1 About ITC – from 1910 to now 3 2 Triple Bottom Line Performance (2013 – 14) 5 3 Measurement Indicators 10 4 Measures for Sustainability 13 5 Challenges Faced 15 6 Future Plans 17 7 Critique 19 8 Bibliography 20 About ITC – from 1910 to now On 24th August 1910‚ an office space on the Radha Bazaar Lane in Kolkata was leased out to an organization
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Auguste Compte and Herbert Spencer were two of sociology’s first great theorists. Both Compte and Spencer studied society and the many ways in which people in society interact. Both theorists agree on certain issues pertainning to society and social science‚ yet they completely differ on their views of the function of sociology. Spencer and Compte both realize that there is an order of co-existance in society. Society itself is made up of several components and parts which are subject to change
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rneLorena Dávila Robles 1380049 HERBERT SPENCER Brief Biography. British philosopher and sociologist‚ Herbert Spencer was a major figure in the intellectual life of the Victorian era. He was one of the principal proponents of evolutionary theory in the mid nineteenth century‚ and his reputation at the time rivaled that of Charles Darwin. Spencer was initially best known for developing and applying evolutionary theory to philosophy‚ psychology and the study of society — what he called his “synthetic
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