Social Development and Corporate Responsibility To say that low living standards‚ poverty‚ unemployment and social development should be a responsibility of corporations is preposterous. Corporations have the sole responsibility of making their shareholders money‚ and in turn‚ making themselves money. In recent years‚ with advancing technology and scientific research‚ corporate social responsibility has becoming a talking point. Holding corporations responsible for their waste and pollution makes
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Corporate Sustainability Reporting (CSR) The Organization Setting : The company(Fictious) I am working has grown in Market share of $10 Million dollars .As a Financial Analyst ‚ I am sending a Executive Summary to our Organization Head on the need for a Corporate Sustainability Reporting. Introduction A Sustainability Report essentially sums up a company’s propensity to develop while reconciling contemporary environmental‚ social and economic demands - the "Triple Bottom Line (People‚ Planet
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What are the arguments for and against the concept of corporate social responsibility? Where do you stand‚ and why? An argument for corporate social responsibility is that many think they should assume the role because it states they they are thinking of the people and how they are creating a win/win situation. Those that are against are purely looking at the bottom margin and look no further or care. For me I am all for it. It states that they do care about were they do business‚ how
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CORPORATE SOCIAL RESPONSIBILTY Corporate Social Responsibility (CSR) defined as the ethical behavior of a company towards the society‚ manifests itself in the form of such noble programs initiated by for-profit organizations. The concept has come into knowing trends now‚ but the practice has been on since ages‚ with corporate like Tata Group‚ Aditya Birla Group‚ Indian Oil Corporation‚ to name a few. They have been serving the community ever since their inception and organizations have
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Lululemon Corporate Social Responsibility Community and Partner responsibility is Lululemons department of CSR. They use those words to define the team because their focus is on people and relationships. Their vision is that by supporting community’s goals to create healthy minds‚ bodies‚ and spaces‚ they also inspire personal growth connection and innovation. Community is an integral part of lululemon stores. They have put in place what is called “Grass roots actions”. Each lululemon store has
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INTRODUCTION What is corporate social responsibility? It ’s also known as social responsibility. Corporate social responsibility (CSR) is when a company or an organization striking a balance between profitability and our contributions to the communities in which they operate and being obligated to meet the expectations of stakeholders‚ who are the sources of the legitimacy of the organization. The stakeholders include the owners‚ investors‚ employees‚ customers‚ government‚ suppliers‚ competitors
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Corporate Social Responsibility of a company: Starbucks Starbucks‚ the largest coffeehouse company in the world‚ is a company that tries to make business in a socially responsible way. The firm is not only about making coffee but also about treating with dignity the clients and the environment where they are operating into. Hereby‚ we will discuss the different actions undertaken by Starbucks in order to be socially correct. One word
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Business Research Report Ethics & Social Responsibility in Business Presented to: Chief Executive Officer Assessment Code: RWT1 Student Name: Valeria Herrera Student ID: 00217130 Date: May 1st 2012 Mentor Name: Evan Jackson Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 The Company’s Reputation 5 The Relationship with Employees‚ Investors and Customers……………...…………….………………6 Efficiency…………….……………………………………………..……………………………………7 Recommendations 8 Conclusion
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general news HONDA Corporate Social Responsibility March 24‚ 2008 Honda Motor Co.‚ Ltd (Japan)‚ the mother company of the Honda Group of Companies in the Philippines was established in 1948. Since then Honda Motor has continuously sought to contribute to society by creating products of the highest quality and advance technologies. It has also undertaken Social Responsibility initiatives‚ seriously. Thus‚ the Honda Group of Companies in the Philippines composed of Honda Philippines‚ Inc.‚ (HPI)
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Introduction TVS group of companies is name synonymous to social consciousness‚ quality and commitment to the welfare of underprivileged rural citizens. This report analyzes the various corporate social responsibility services of the group done under the umbrella of Srinivasan Services Trust (SST) in light of the documentation provided. Specifically‚ we cover how SST practices strategic CSR‚ how it is organized in order to execute the various social projects‚ where it gives‚ how it gives and how the
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