Corparate Social Responsibility Background Lord Holme and Richard Watts from The World Business Council for Sustainable Development in its publication Making Good Business Sense defined Corporate Social Responsibilty as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large (Corporate Social Responsibilty 2004). UMW’s Corporate
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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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(2011‚ November 24). The Philippine Star‚ p. 3. Cruz‚ J. D. (2012‚ June 24). Pagcor goes green. Business Mirror‚ p. 5. Cruz‚ J. D. (2012‚ June 24). Pagcor goes green. Business Mirror‚ p. 3. http://pcij.org/blog/wp-docs/RA9487.pdf http://www.pagcor.ph/social-responsibility.php http://www.blog.pagcor.ph/ http://www.pagcor.ph
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AND SOCIAL RESPONSIBILITY Introduction/Summary Often times‚ many business decisions are not always black and white and there are ethical dilemmas that leaders sometimes face. “Leadership must know how the myriad human behaviors and interactions fit together like puzzle pieces to create a whole picture” (Kehoe‚ pg. 201). Ethics is the study of honest behaviors and decisions‚ examining what should be done in relation with Corporate Social responsibility (CSR)
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and adoption of corporate social responsibility as a matter of course (David Henderson 2004). The stakeholder groups‚ for instance‚ governments‚ communities‚ suppliers‚ employees‚ customers and stockholders persistently claim administrators to dedicate capitals to corporate social responsibility (McWilliams and Siegel 2001‚ 117). Despite the fact‚ strategic corporate social responsibility is far more selective on being a standing corporation rate citizen and also addressing the social issues that the
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What is Corporate Social Responsibility (CSR) and Sustainable Business? A Definition of CSR Corporate Social Responsibility (CSR)‚ Corporate Responsibility (CR) or Sustainable Business are commonly heard‚ but rarely understood‚ phrases. So what does it all mean? CSR is the process of assessing an organization’s impact on society and evaluating their responsibilities. CSR begins with an assessment of a business and their: * Customers * Suppliers * Environment * Communities
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The Social Responsibility of Business is to Increase its Profits Milton Friedman The New York Times Magazine September 13‚ 1970 When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system‚" I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise when they declaim that business is not concerned "merely"
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PULMUONE A way to feed “My family” safe food BACKSTORY Pulmuone is a famous Korean food-related company that focuses its business on producing healthy food such as tofu‚ vegetable juice‚ and bean sprout etc. In 2004‚ one of Pulmuone’s suppliers had confessed that it had scattered pesticides on vegetables to look good. In addition to Pulmuone’s incident‚ other food-related business revealed unsafe issues. As a result‚ Pulmuone’s sales had dropped down. Consumers’ distrust in food industry was
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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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the feeling that Corporate Social Responsibility (CSR) gives to each person. Feeling good‚ feeling proud and feeling optimistic. Ever since CSR becomes one big part of every company‚ no matter they are big or small‚ a concern is raised whose answer is controversial: “CSR is from guiltiness or willingness for the good of the society?” Reproduced from T&A Ogilvy 2011 Reproduced from T&A Ogilvy 2011 According to Keinert (2008)‚ CSR is “describing the relationship between business and the
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