Csr
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This document discusses corporate social responsibility (CSR), corporate philanthropy, and business ethics. It defines CSR as a business's commitment to behave ethically and contribute to economic development while improving quality of life. CSR addresses issues like health and safety, human rights, and environmental protection. The document also discusses types of corporate philanthropy like company foundations and direct giving programs. It distinguishes CSR from corporate philanthropy by noting CSR involves ongoing community involvement while philanthropy focuses on donations. Finally, the document outlines some aspects and functional areas of business ethics.
Csr
- 1. CSR ,Corporate Philanthropy & Business Ethics S.Arul Vignesh (10AB05)
- 2. Corporate philanthropy • Charitable contributions to address a variety of social, economic and other issues as part of their overall corporate citizenship. Types • company-sponsored foundations • Direct giving program.
- 3. Cp examples • The Infosys Foundation – NPT - 1%PAT • Tata • SBI – initiatives • IBM global • Melinda gates foundation
- 5. “A company’s priority should be to do something that makes a difference not just write out cheques “
- 6. CSR • Continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families and the local community and society at large.
- 7. CSR Addresses • firm's behaviour (including its policies and practices) health and safety • environmental protection, • human rights, • human resource management practices, corporate governance, • community development, • consumer and labour protection • supplier relations • Business ethics
- 8. • It is an attempt by organisations to take responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. • Build meaningful relationships between the corporate sector and the rest of society.
- 9. CSR • CSTI – L& T Limited • Itc – wow & e choupal • GSK • Heinz • GE • Microsoft • TATA – Swach ,
- 10. CP & CSR Differences • CP consists of mainly donations and charity • CSR involves a more involved approach of ongoing community involvement. • CP is often a component of a corporation’s broader social responsibility and includes cash gifts, product donations and employee volunteerism. • Corporate Philanthropy is one component of CSR
- 11. Business Ethics
- 13. • Social responsibility focuses on the impact that business activity has on society while • Ethics is concerned with the conduct of people within organisations
- 14. Aspects Ethical standards CSR Perceived impropriety community Responsibilities to the employer Diversity Diversity Conflict of interest Environment Issues of influence Ethics Confidential and proprietary Financial information Applicable laws , Reciprocity , Supplier safety relationships National and international supply Human Professional competence Small, disadvantaged and minority- owned Responsibilities to the profession
- 15. Tata Steel Ethics • Competition (support for open market economy) • Equal-opportunities employer • Gifts and donations • Political non-alignment • Health, safety, and environment • Quality of products and services
- 16. Functional areas • Finance • HRM • Production • Marketing and advertising • Production • Property • Legal
- 17. Thank U !!!