Professional Documents
Culture Documents
Corporate Social Responsiblity: Ekta Devesh
Corporate Social Responsiblity: Ekta Devesh
Presented By:
EKTA
DEVESH
12/08/21 1
“CSR is about how companies manage the
business processes to produce an overall
positive impact on society.”
12/08/21 2
Corporate Social Responsibilities (CSR)
12/08/21 4
Definitions:
‘Corporate,’ ‘Social,’ and ‘Responsibility.’
In broad terms, CSR relates to responsibilities
corporations have towards society within which they are
based and operate, not denying the fact that the purview
of CSR goes much beyond this. CSR is comprehended
differently by different people.
12/08/21 5
Contd…
Millen Baker:
“A way companies manage the business processes to produce
an overall positive impact on society.”
12/08/21 6
Concept of CSR
CSR(corporate social responsibility) is a concept in which
organizations consider the interests of society by taking
responsibility for the impact of their activities on
customers, suppliers, employees, shareholders,
communities other stakeholders, future generation and
on environment. The organizations voluntarily taking
advance steps to improve the quality of life for
employees and their families as well as for the local
community and society.
12/08/21 7
CSR in India
•governance,
•Business ethics,
•Human rights and
• Environment
12/08/21 10
CSR in a Developing Country( India):
12/08/21 11
The purpose of CSR
12/08/21 12
Benefits
CSR behaviour can benefit the firm in several
Ways:
• It aids the attraction and retention of staff
• It attracts green and ethical investment
• It attracts ethically conscious customers
• It can lead to a reduction in costs through re-cycling
• It differentiates the firm from its competitor and can be a
source of competitive advantage
• It can lead to increased profitability in the long run
12/08/21 13
Is CSR the same as business ethics?
12/08/21 14
Thank you
12/08/21 15