Corporate Social Responsibility CSR CSR policy would function as a builtin self regulating mechanism whereby business would monitor and insure its support to law ethical standards and international norms ID: 778398
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Slide1
Corporate Responsibility
Slide2Corporate Social Responsibility (CSR)
CSR policy would function as a built-in self regulating mechanism whereby business would monitor and insure its support to law, ethical standards, and international norms.
According to Cannon, “Corporate social responsibility means devising corporate strategies and building a business with the society’s needs in mind.
Slide3Nature CSR
Positive Approach
Multi Dimensional Concept
Not an alternate
Scope of CSR
Slide4Need of CSR
To provide sense of responsibility
To fulfill long-run self-interests
To improve public image
To avoid Government regulation or control
To avoid misuse of national resources & economic power
To avoid class conflicts
To convert resistance into resources
To minimize environmental damage
Slide5Type of CSR
Environmental CSR
Human rights CSR
Financial CSR
Political CSR
CSR Strategies:
Slide6Integrating CSR into Business
Slide7Significance of CSR
Slide8Limitations of CSR
Slide9Indian Examples of CSR
Reiance
Industries
Tata group firms
Tata motors
IBM
HSBC
Max New York
Standard
Charterted
Bank
Navratna
Company ,Coal India
BHEL
Reddy’s Lab
Hindustan Unilever
ICICI Bank
ITC
SAIL
TCS & Wipro