e t a r o p r o c f o s t c a p m i y t i l i The b i s n o p s e r l a i c so Profits come first? 30 Jan 2015 2 Outline Brief introduction The proactive impacts of CSR The negative impacts of CSR CSR strategies and CSR impacts Suggestions 30 Jan 2015 3 What is CSR? Social Social Environmen Environmen tt Operation Operation Stakeholder Stakeholder (Commission of the European Communities‚ 2002) Reference: Commission of the European Communities. (2002). Corporate Social Responsibility
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relevant is CSR in todays business agenda? Corporate Social Responsibility is described as being a company’s ethical‚ economic‚ environmental‚ social and legal attitude towards its stakeholders in order to establish long-term success (Crane at el‚ 2008). These issues have come to have an important role in the running of a business in recent years. CSR was developed over a number of years and has been researched by professional economists. There are many arguments in favour of and against the CSR strategy
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Faculty Board of Economic Sciences‚ Communication and IT Business Administration Starbucks with Corporate Social Responsibility (CSR) “How Starbucks succeeds in a business world with CSR” 15 Credits Master Thesis (FEAD 01) Thesis Advisor: Bo Enquist Co-reviewer Lars Haglund The Authors: Sornchai Harnrungchalotorn Yaowalak Phayonlerd Karlstads universitet 651 88 Karlstad Tfn 054-700 10 00 Fax 054-700 14 60 Information@kau.se www.kau.se ACKNOWLEDGEMENT Acknowledgements Our
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DETAILS 2 CSR IN BUSINESS PROCESS 3 DEALING WITH SUPPLIERS 3 CONTRIBUTING TO THE COMMUNITY 4 REDUCTION IN ACCIDENT RATE 4 SOURCING OF RAW MATERIAL 4 SIGNATORY ISSUES 5 AWARDS 5 UNILEVER IN INDIA 5 PROJECT SHAKTI 5 SANJIVINI 6 PROCTER & GAMBLE 6 PHILANTHROPY DETAILS 7 CSR IN BUSINESS PROCESS 8 CSR: COMPANY POLICIES 9 INDUSTRY ANALYSIS (FMCG) 10 CITIGROUP INC. 11 PHILANTHROPY DETAILS 11 FINANCIAL LITERACY 11 Microfinance 12 Community Relations 12 ‘Plant-a-Tree’ initiative 12 CSR IN BUSINESS
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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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research papers are devoted to the relationship between Corporate Social Responsibility and a given company ’s financial result. CSR has been identified as the duty of organizations to be responsible for their environment and for their stakeholders‚ in a way that takes into account not only financial aspects (Go ̈ ssling and Vocht‚ 2007). A particularly broad definition of CSR was presented at the World Business Council for Sustainable Development: ‘‘Corporate Social Responsibility is the continuing
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A STUDY ON CORPORATE SOCIAL RESPONSIBILITY (CSR) IN HCL TECHNOLOGIES‚CHENNAI Review report - 1 ( Submitted by Muralidharan.P‚ Roll No: 1110MBA0920‚ Reg No:68512150002 ) 1 NEED FOR THE STUDY CSR has become an integral part of corporate strategy. Companies have CSR teams that devise specific policies‚ strategies and goals for their CSR programs and set aside budgets to support them. Corporate social responsibility plays a crucial role in making your brand popular not only
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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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necessary condition to do business. There appears to be an infinite number of definitions of CSR across academia‚ varying from the simplistic to the complex and includes a range of related terms and ideas- including corporate citizenship‚ corporate sustainability‚ corporate social investment‚ socially responsible investment‚ business sustainability and corporate governance. It can be usually agreed upon that CSR consists of taking on more responsibility than just an economical principle and for the
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Case Sustainability Initiative at Roche Table of Contents Introduction 3 Sustainable development: the triple bottom line 3 Economic‚ social and environmental responsibility 3 Social responsibility: the key elements 5 Corporate Responsibility Innovation at Roche 5 What is corporate responsibility? 5 Corporate responsibility according to the Roche corporate brochure 6 Target of responsibility as reflected in reported organizational structures‚ policies and practices. 7 Gaining competitive
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