PRESENTATION ONCORPORATE SOCIAL RESPONSIBILITY

BY: VISHAKHA BHARDWAJ M.PHIL(MANAGEMENT) APSU REWA

WHAT IS CSR?

CORPORATE+ SOCIAL+ RESPONSIBILITY

CORPOATE: a group of people acting as an individual

SOCIAL: relating to society

RESPONSIBITY: duty to deal with something

WBCSD (World Business Council For Sustainable Development)

“The continuing commitment by business to behave ethically and contribute to sustainable economic development while improving the quality of life of the workforce and their families as well as of the local community and the society.”

5 BOTTOM LINE CONCEPTS OF CSR RESPONSIBILITY TOWARDS EMPLOYEES

RESPONSIBILITY TOWARDS SOCIETY

RESPONSIBILITY TOWARDS CONSUMERS

RESPONSIBILITY TOWARDS SHAREHOLDERS

RESPONSIBILITY TOWARDS GOVERNMENT

RESPONSIBILITY TOWARDS EMPLOYEES To provide a healthy working environment. To grant regular and fair wages. To provide welfare services. To provide training and promotion facilities. Proper recognition of efficiency and hardwork.

RESPONSIBILITY TOWARDS SOCIETY Carry on business with moral & ethical standards. Prevention of environmental pollution. Minimizing ecological imbalance. Contribution towards the development of social health & education. Making use of appropriate technology. Overall development of locality.

RESPONSIBILITY TOWARDS CONSUMERS Supplying socially harmless products. Supplying the quality & standards as promised. Adopt fair pricing. Adopt after sales services. Resisting black-marketing. Maintaining consumer’s grievance cell. Fair competition.

RESPONSIBILITY TOWARDS SHAREHOLDERS

To ensure reasonable rate of return over time. To build reputation and goodwill of the company. To remain transparent & accountable.

RESPONSIBILITY TOWARDS GOVERNMENT

Obey rules and regulation. Regular payment of taxes. Cooperating with the government to promote social values. Not to take advantage of loopholes in business laws. Cooperating with the government for economic growth and development.

TYPES OF CSR

According to Geoffrey Lantos: 3 types of CSR ETHICAL CSR: It’s about the responsibility to avoid harms or social injuries. ALTRUISTIC CSR: Contributing to the common good at the possible

expenses of the business altruistic, humanitarian or philanthropic causes. STRATEGIC CSR: Its about firms social welfare responsibilities that benefits

both the corporation and stakeholders.

CSR PRINCIPLES AND STRATEGIES Respect for human rights. Respect for the differences of views. Make social contributions. Self realization and creativity. Fair dealing and collaboration. Feedback from the community. Long term social and economic development.

ARGUMENTS FOR AND AGAINST CSR

FOR: Corporate should have some moral & social obligations to undertake for

the welfare of the society. Proper use of resource, capability & competence. The expenditure on CSR is a sort of investment. Company can avoid many legal complications. It create a better impressions.

ARGUMENTS AGAINST CSR

Fundamental principles of business gets violated. It is very expensive for business houses. CSR projects will not be successful. CSR is to induce them to steal away the shareholders money.

CSR ACTIVITIES OF

4 DIFFERENT COMPANIES

CSR ACTIVITIES OF AMUL

Trust named AMUL Relief Trust. Campaign- Green Gujarat Tree Plantation Campaign Tribhuvandas Foundation Dairy Demonstration Farm AMUL Scholar Blood Donation Rural Sanitation Campaign Other Activities: • Encourage women to participate in dairy Cooperative Societies.• To develop & enhance leadership skills & qualities among women.

CSR ACTIVITIES OF INFOSYS Learning & Education• Donated 10,200 books alone in Karnataka• Reconstructed 14 Govt. schools

Art & Healthcare• Organizes Cultural Programs• Constructed Infosys Super Speciality Hospital

Social Rehabilitation• Constructed hostels, orphanages, old age homes Donation Camps• Eye & blood donation camps - PUNE• Educare & facilities for rural people -CHENNAI

CSR ACTIVITIES OF RELIANCE INDUSTRIES EMPLOYMENT:

• Train the employees of the company through some camps & seminars.• English speaking classes.• Personality development classes.• Training by NAC & make them for future requirements of the construction.

HEALTH:• Provide quality health care facilities in the regions around the site.• It runs medical facility centre, physiotherapy centre & mobile vans that dispenses free

medicines & provide free medical check-ups.• Periodically company comes up with health camps like general health check-up camps,

eye check-up camps & corrective surgery camps for disables children. • Drishti

RELIANCE KARGIL SCHOLORSHIP

COMMUNITY ENVIROMENT INITIATIVE

DHIRUBHAI AMBANI HOSPITAL

SPORTS FOR PHYSICALLY CHALLANGED

CSR ACTIVITIES OF JAYAPEE GROUP EDUCATION & EMPLOYABILITY:• Jaypee provide free primary education to areas that had low literacy levels.• There are several Sardar Patel Vidyalayas, Jaypee Vidya Mandirs and other primary

schools in MP, UP, HP, Gujarat, AP, Uttrakhand.

RURAL INSFRASTRUCTURE DEVELOPMENT:• Improved local infrastructure like roads, bridges, irrigation canals & draining

systems.• Opened schools & hospitals.• Renovated places of worship. • Upgrading Panchayat Ghars and community meeting places.

MEDICAL FACILITIES:• Free of cost medical facilities to the employees as well as to remote rural

peoples.• Provide services right up to their doorstep from general health camps in

hundreds of villages.• Conduct eye check up camps, free health care camps and also provide free

medicines to poor people.

• ANIMAL HUSBANDRY:• The main objective behind animal husbandry is to substantives the income of

small , marginal farmers and landless laborers.• Helpful in generating the gainful employment opportunities, especially self

employment for the rural population.

CONCLUSION

CSR is the heart and soul of modern corporations and is an important standards for corporate governance.

CSR is an indispensable mechanism for both increased corporation accountability, profitability and environmental sustainability.

CSR is the pole star of modern corporations in order to maintain the integrity of moral fabrics both inside and outside the corporation while conducting socially responsible business.