Corporate Social Responsibility initiatives of BPCL BPCL‚ a well-known petroleum brand called Bharat Petroleum Company Limited is committed to the welfare and development of the society and the local community. It works in various areas to help develop the community and society. BPCL’s commitment towards society and local community is very high‚ according to the CMD‚ ‘We are committed to the societies where we operate and understand that business success is not possible when the needs of the society
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A Pragmatic Alternative for Creating a Corporate Social Responsibility Strategy By Dina Gerdeman 28 MAY 2012 RESEARCH & IDEAS : http://hbswk.hbs.edu/item/6994.html Abstract: Corporate social responsibility (CSR) is a corporate initiative to assess and take responsibility for the company ’s effects on the environment and impact on social welfare. CSR may also be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit
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Hulik David Maes Hayley Sondergaard Mariann Sajtos 2013 Anders G. Hansen Christoffer Hass Mátyás Hulik David Maes Hayley Sondergaard Mariann Sajtos Corporate Social Responsibility and Sustainable Development in the paper industry Corporate Social Responsibility and Sustainable Development in the paper industry Corporate Social Responsibility and Sustainable Development in the paper industry Name and address of the authors * Anders Garlev Hansen (PB3) ___________________________
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Does Corporate Social Responsibility Affect Firms’ Performance?1 Laura Poddi2 Sergio Vergalli3 July 28‚ 2008 Abstract In the last two decades in the OECD countries there have been a raising development of firms certified as Social Responsible (CSR is the acronym of Corporate Social Responsibility). This kind of certification is assigned by private companies that guarantee that the behaviour of a certain firms environmentally and sociologically correct. Some papers (among others Preston
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The question‚ I learned‚ is harder to answer than you might expect‚ principally because most corporate do-gooders approach their social good efforts with more of an eye toward impact on the community than on the firm. With some effort‚ however‚ I’ve pulled some meaningful responses from corporate leaders I’ve reached and learned a great deal in the process. Garratt Hasenstab‚ Director of Sustainability at the Verdigris Group Garratt Hasenstab‚ Director of Sustainability at the Verdigris Group
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measurements and mechanisms to evaluate progress: We need to do this taking into consideration a set of goals based on our values. A very common structure is the kind of Corporate Social Responsibility (CSR) reporting that companies do to disclose their socially responsible activities. 2. What has Greenpeace done to curb corporates from exploiting our global natural resources? A key part of their campaigns is investigations; they go to the scene of the environmental crime‚ expose the responsible
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Chapter 1 Introducing IFRS In This Chapter ▶ Seeing how standards are set‚ and amended ▶ Rolling out IFRS globally ▶ Presenting IFRS financial statements M In this chapter‚ I move beyond telling you what standards are to helping you understand what they do. To start‚ I explain how the standards are created and amended‚ and then I take a look at the scope of IFRS worldwide. Finally‚ I introduce you to the important financial statements that you must present to conform with IFRS: the statement
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changed its vision from cheap and convenient to dedicating itself to quality‚ service‚ cleanliness‚ and a commitment to treating all customers with respect (Kiddon and Light). In regards to corporate social responsibility McD strives to achieve their values each day and improve their environmental and social performances in an effort to obtain to a sustainable future (McDonald’s). In order to achieve their desired image and
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1) What is corporate governance? Contemporary corporate governance started in 1992 with the Cadbury report in the UK Cadbury was the result of several high profile company collapses is concerned primarily with protecting weak and widely dispersed shareholders. Corporate Governance is a mechanism through which boards and directors are able to direct‚ monitor and supervise the conduct and operation of the corporation and its management in a manner that ensures appropriate levels
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Corporate Social Responsibility and Marketing: An Integrative Framework Isabelle Maignan Vrije Universiteit Amsterdam‚ the Netherlands O. C. Ferrell Colorado State University This article introduces a conceptualization of corporate social responsibility (CSR) that emphasizes the role and potential contribution of the marketing discipline. The proposed framework first depicts CSR initiatives as the actions undertaken to display conformity to both organizational and stakeholder norms. Then
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