BUILDING A CSR INDEX In our CSR index‚ companies would be judged in 6 key assessment areas. Not only should the company have formulated goals or CSR targets but also achieved them within the stipulated period of time for a maximum score. The 6 key assessment areas are as follows: ASSESSMENT AREAS 1. ENVIRONMENT: This assessment area includes the physical surroundings in which the company operates including waste disposal techniques‚ energy saving initiatives‚ or climate change. POINTS OF
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Work-life balance In accord to Torrington et al. 2005‚ in some instances practices of work-life balance have been revealed to raise morale‚ reduce absence and elevate levels of job satisfaction. Usually with the right balance within work and leisure‚ employees are less tired‚ working more effectively and increased performance levels have also been found. - Nestlé The Nestlé management team with the ROCKs (Recreational Club‚ Reaching Out to Community & Kids) Program‚ encourage work-life balance through
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results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and may build a good reputation to the company. The three main responsibilities and roles usually discussed are in the perspective of business‚ social and environment (CSR Singapore Compact 2005). Despite the fact that
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Guide to Best Practices in corPorate social resPonsiBility Volume 2 Published by Pr news Press n www.prnewsonline.com Copyright 2008 PR News. Content in this guidebook cannot be reprinted without express permission of publisher. Contact clientservices@accessintel.com. Guide to Best Practices in corPorate social resPonsiBility © Table of Contents [ IV ] Publisher’s letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Cristel Moriau Introduction to International Economic Law Academiejaar: 2009-2010 Balance- of- payment – exception in the WTO | | |Background | |The WTO is the principal regulator of the commercial pillar of the international economic
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In 1940‚ his two sons‚ Maurice and Richard ("Mac" and " Dick")‚ moved the entire building 40 miles (64 km) east‚ to West 14th and 1398 North E Streets in San Bernardino‚ California. The restaurant was renamed "McDonald’s Famous Barbeque" and served over forty barbequed items. In October 1948‚ after the McDonald brothers realized that most of their profits came from selling hamburgers‚ they closed down their successful carhop drive-in to establish a streamlined system with a simple menu of just
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A PROJECT REPORT ON “BUSINESS ETHICS & CORPORATE GOVERNANCE” ON “CSR of BMW Company” In the partial fulfilment for the award of the degree MASTERS IN BUSINESS ADMINISTRATION Under FOR THE YEAR :- 2014-15 [SEMESTER – IV] SUBMITTED ON :- 4 MARCH‚ 2015 TO :- PROF. DEEPA VYAS SUBMITTED BY :- [GLS1309] BHAVIR CHAUHAN [GLS1331] JAY PANCHAL [GLS1313] SANDIP CHAVDA [GLS1345] BITTU PAUL [GLS1316] ALIMOHAMMED CONTRACTOR [GLS1357] KARAN SHAH [GLS1362] RUSHIKESH
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members of the public sphere who may also be considered as stakeholders1‚ we prepared this summary to review the key Corporate Social Responsibility (CSR) issues arise from this investment. In this summary‚ we will also provide suggestions and solutions to XYZ Company we will also provide suggestions and solutions to XYZ Company for better fulfillment of its CSR. Plantation and Sourcing Since XYZ Company has global supplier relationship and owns plantations in both China and Guatemala. The company
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Ethics and CSR Chapter 9 Ethics Connock and Johns (1995) define ethics as the following 3 elements; • Fairness • Deciding what is right and wrong • Practices and rules which underpin responsible conduct between groups and individuals Billington (2003) lists five distinctive features of ethics; • Nobody can avoid ethical decisions‚ we make ethical decisions every day of our lives • Ethical decisions matter‚ they affect the lives of others • Although ethics
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4 Approaches to CSR Corporate social responsibility is the management’s obligations to make choices and take actions that will contribute to the welfare and interests of society as well as the organization. CSR can be a difficult concept to be understood because different people have different beliefs as to which actions improve society’s welfare. To make matter worse‚ social responsibility covers a range of issues‚ many of which are ambiguous with respect to right or wrong. Eg. Kmart declare bankruptcy
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