Csr (1)
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This document discusses the evolution and significance of corporate social responsibility (CSR) since the 1970s, highlighting its correlation with corporate size and practices such as having a CSR committee. It categorizes CSR into three types: economic, environmental, and social, and outlines key issues like labor rights, environmental conditions, and human rights that companies face. Furthermore, it details CSR management practices and the drivers influencing CSR across different global contexts.
Csr (1)
- 2. Overview • Abstract • Introduction • 3 Kinds of CSR • Key issues in CSR • CSR Management • Key Drivers of CSR 9/24/2015Corporate Social Responsibility 2
- 3. Abstract Since the mid-1970s a number of studies have investigated the nature and frequency of corporate social responsibility disclosures, their patterns and trends, and their general relationships to corporate size and profitability. This study seeks to extend our knowledge of the relationship between a number of corporate characteristics and specific types of social responsibility disclosures, based on an extensive sample of U.S. corporate annual reports. Corporate size and industry category are found to correlate with certain types of disclosures while the existence of a corporate social responsibility committee appears to correlate with one particular type of disclosure 9/24/2015Corporate Social Responsibility 3
- 4. Introduction Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or responsible business) It is a form of corporate self-regulation integrated into a business model. 9/24/2015Corporate Social Responsibility 4
- 5. Corporate Citizenship Corporate social responsibility -emphasis obligation Corporate social responsiveness -emphasis action, activity Corporate social performance -emphasis results, outcomes 9/24/2015Corporate Social Responsibility 5
- 6. 3 Kinds of CSR CSR is a part of our every day life, even that we don't notice it. When you visit the gasoline station and choose products with a good reputation; when someone put money into a company with an exemplary record; or when you invest in training of your employees for future purposes . This is good business sense! CSR is what the future of business is all about. There are three kinds of responsibility: economic, environmental and social. Corporate social responsibility is an integral part. It is about integrating the issues of the workplace, human rights, the community and the marketplace into core business strategies 9/24/2015Corporate Social Responsibility 6
- 7. Key Issues in CSR Labour rights: child labour forced labour right to organize safety and health Environmental conditions water & air emissions climate change 9/24/2015Corporate Social Responsibility 7
- 8. Key Issues in CSR Human rights cooperation with paramilitary forces complicity in extra-judicial killings Poverty Alleviation job creation public revenues skills and technology 9/24/2015Corporate Social Responsibility 8
- 9. Concept of CSR 9/24/2015Corporate Social Responsibility 9 Staff: Managing diversity Developing and nurturing our employees Promoting a healthy and safe environment to work in Promoting a healthy work life balance Clients: Dignity and Respect for or clients Ensuring best practice is followed Integrity in our supply of services Strengthen risk management and compliance Environment: Energy efficiency Addressing our emissions Community: Good corporate citizenship Stakeholders engagement Compliance Actively engage with our community
- 10. CSR Management: Plan, Do, Check,Act method Plan • Consult stakeholders • Establish code of conduct • Set targets 9/24/2015Corporate Social Responsibility 10 Do • Establish management systems and personnel • Promote code compliance Check • Measure progress • Audit • Report Act • Corrective action • Reform of systems
- 11. Key Drivers of CSR Around the world • NGO Activism • Responsible investment • Litigation • Government & IGO initiatives 9/24/2015Corporate Social Responsibility 11
- 12. Key Drivers of CSR Developing Countries • Foreign customers • Domestic consumers • FDI • Government & IGO 9/24/2015Corporate Social Responsibility 12
- 13. Areas of CSR 9/24/2015Corporate Social Responsibility 13