Scribd Logo
Upload

Welcome to Scribd!

  • Compiled by

    Uploaded by

    Mike Kukreja
    6 views13 pages
    Corporate social responsibility (CSR) refers to a company's obligation to consider the social and environmental impacts of its business operations. The four main components of CSR are economic, legal, ethical, and philanthropic responsibilities. Key CSR issues include labor rights, environmental protection, human rights, and poverty alleviation. Implementing CSR can provide business advantages like improved public image, customer and employee engagement, and risk management. While CSR requires focus and resources, it also allows companies to operate responsibly and sustainably. The Plan-Do-Check-Act method is commonly used to manage CSR programs.

    Original Description:

    importance of csr

    Original Title

    Csr

    Copyright

    © © All Rights Reserved

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Corporate social responsibility (CSR) refers to a company's obligation to consider the social and environmental impacts of its business operations. The four main components of CSR are economic, legal, ethical, and philanthropic responsibilities. Key CSR issues include labor rights, environmental protection, human rights, and poverty alleviation. Implementing CSR can provide business advantages like improved public image, customer and employee engagement, and risk management. While CSR requires focus and resources, it also allows companies to operate responsibly and sustainably. The Plan-Do-Check-Act method is commonly used to manage CSR programs.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    6 views13 pages

    Compiled by

    Uploaded by

    Mike Kukreja
    Corporate social responsibility (CSR) refers to a company's obligation to consider the social and environmental impacts of its business operations. The four main components of CSR are economic, legal, ethical, and philanthropic responsibilities. Key CSR issues include labor rights, environmental protection, human rights, and poverty alleviation. Implementing CSR can provide business advantages like improved public image, customer and employee engagement, and risk management. While CSR requires focus and resources, it also allows companies to operate responsibly and sustainably. The Plan-Do-Check-Act method is commonly used to manage CSR programs.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 13

    COMPILED BY

    An introduction to:

    Corporate Social
    Responsibility
    What is :

    Corporate Social
    Responsibility?
    Why CSR?
    Consumers & investors: growing
    expectation for organisations to behave
    responsibly
    Consumer awareness: Green and
    Ethical consumerism
    Legislation: H&S, EPA, Sustainability,
    Codes of Practice
    Globalisation: Adoption of Best Practice,
    Consumer & Legal Acceptance.
    The four components of CSR:

    Economic
    Legal
    Ethical
    Philanthropic
    The Principles Of CSR

    Sustainability
    Accountability
    Transparency
    Key Issues in CSR
    Labour rights:
    child labour
    forced labour
    right to organise
    safety and health
    Environmental conditions
    water & air emissions
    climate change
    Human rights
    cooperation with paramilitary forces
    complicity in extra-judicial killings
    Poverty Alleviation
    job creation
    public revenues
    skills and technology
    Importance of CSR

    Advanced public image


    Boosts government relations
    Customer & employee engagement
    Brand distinction
    Positive workplace environment
    Business advantages of CSR:
    Business Development
    Resources Management
    Stakeholder Management
    Human Resources
    Risk Management
    Brand Differentiation
    Why not CSR?
    Focus
    May appear cosmetic
    vulnerable
    A restriction to free trade?
    CSR Management:
    Plan, Do, Check, Act method
    Plan Do
    Consult stakeholders Establish management
    systems and personnel
    Establish code of conduct
    Promote code compliance
    Set targets

    Act Check
    Corrective action Measure progress
    Reform of systems Audit
    Report
    Some of the most common ways in
    which CSR is demonstrated:
    Specialist adopted
    projects
    Corporate charitable
    donations
    Voluntary schemes for
    staff
    Staff fundraising activities
    Changes to organisational
    operations
    CONCLUSION

    You might also like