Archive for the ‘Corporate Social Responsibility Articles’ Category

Those corporations that introduce certain concepts and environmental initiatives as part of their day to day workings and budget are said to be engaging in what is known as Corporate Social Responsibility (CSR). When Corporate Social Responsibility first emerged, people were sceptical that it was simply a case of spending money and not seeing any sort of monetary return and this was against the nature of many business people. As with a lot of new ideas, it took time for individuals and businesses to see the benefits and advantages of undertaking Corporate Social Responsibility and to see they ways in which it could positively affect their bottom line.

Today there are dedicated Corporate Social Responsibility organisations and divisions within both small, medium and large enterprises and the range of initiatives happening across the country in local communities is growing at a fast pace. CSR can mean anything from reducing or offsetting any negative impacts that a corporation may have on the environment and natural world, to educating children and young people about business and the responsibilities that go along with running a successful business. What people have realised is that yes, they have to give back and this is the whole point of CSR, but they can do so in a way that doesn’t cost them money and time but which actually increases profit margins and also allows these businesses to have influence in their local communities and build relationships with their customer base.

Many large businesses now work harder than ever to help their local community to build knowledge and passion for corporate social responsibility among the business community, in schools and amid the population in general. Corporations are much more aware of long term goals, of ensuring that they run a successful ship for many years and not just for the immediate future, they look forwards and keep their eyes open for ways to reduce or prevent any potentially destructive affects that their activities may have on the local community or on the UK as a whole. Those with CSR plans in place often go the extra mile with schemes surrounding everything from recycling, pollution reduction and ensuring that carbon footprints are as small as possible.

CSR has become a part of the makeup of many businesses, small or large and it is absolutely essential that influential businesses continue to promote related environmental initiatives and important work with the community.

Go online to find out more about Corporate Social Responsibility and any related environmental initiatives which are happening in your area.

Corporate Social Responsibility is a concept which suggests that commercial corporations must fulfil their duty of providing care to the society. For more information on CSR please visit: http://www.thetrendisblue.com/article.cms/corporate-social-responsibility-and-carbon-offsetting

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What does corporate social responsibility mean and how does it impact us all? This is a question that often comes to the forefront of the minds of the masses when there a corporation hits the headlines for good or bad. Corporate social responsibility impacts us all because it is something that should be carried out throughout the company and within each local community and not just something that should be left to those at the executive level.

Corporate social responsibility is not just how the president of the company behaves at a board meeting or the annual stockholders meeting, corporate social responsibility is the accountability of an entire corporation, as in a mission statement, that is embraced and practiced by every member of the corporation. Corporate social responsibility is ensuring that the corporation’s practices and procedures do not negatively impact the community surrounding the company such as dumping toxic waste improperly or choosing to outsource jobs to a foreign country to keep executive bonuses higher but instead set up and implement initiatives that benefit the community, staff and environment.

Corporate social responsibility is the ability of a corporation to operate in a manner that is socially, ethically and morally good whilst still making a profit and can cover anything from making sure that a workforce is diverse and that working conditions and pay are fair, to making sure they offset any negative environmental impacts the business is having and teaching business and corporate responsibility to young people. Corporate social responsibility is not just about ensuring that the organization runs well but about making a positive impact in the lives of employees by giving them a rewarding environment to work in as well as enriching the lives of others by help the community to grow and thrive.

From helping to create global initiatives to save the planet to enriching the lives of the customers who purchase the goods or services that the corporation makes, corporate social responsibility is about not being afraid to roll up one’s sleeves and get involved to make sure the work gets done and the initiatives, environmental or otherwise, succeed and can be rolled out elsewhere and be a sustainable way for the business and its community to thrive. It requires a level of commitment that does not end when the work day is over but instead becomes a lifestyle change and eventually something that none of us even have to think about, we just do it.

Understand more about Corporate Social Responsibility by going online and seeing what environmental awareness initiatives and community projects are happening in your local area.

As per section 135 in the Companies Act 2013, companies of a certain size in India are required to spend 2% of their net profits on CSR activities. CSR Rules 2014 give certain guidelines that must be followed by the companies while implementing their CSR programs. The video is a quick guide on CSR as defined under the Companies Act 2013. For further queries, or for assistance in designing and implementation of your CSR programs, please write to solutions(at)innovibe.org
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Corporate Social Responsibility is a concept which suggests that commercial corporations must fulfil their duty of providing care to the society. For more information on CSR please visit: http://www.thetrendisblue.com/article.cms/corporate-social-responsibility-and-carbon-offsetting.

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The Companies Act, 2013 introduced the concept of mandatory CSR spending for certain class of companies. This move would make a bigger impact on the Indian corporate. The basic change brought by Section 135 of the Companies act 2013. It makes mandatory for certain class of companies to spend not less than 2% of their average net profit for CSR activity, every year. This presentation attempts to discuss the concept of c s r. legal provisions and compliances.

More and more corporations are starting to engage in international volunteer programs, they are doing this as part of their corporate social responsibility efforts. Corporate responsibility helps to align organizations business operations with social values. Volunteering abroad as a part of your corporate social responsibility will help your organization address expectations of some of your other stake holders, including your investors and employees. It therefore does not only help you to relate to the local people, who are your potential customers and clients but it also helps you to get more in touch with and retain your employees. While at the same time making sure you are meeting your social responsibility responsibilities, keeping your investors and shareholders happy.

 

Corporate social responsibility helps to strengthen your corporate reputation; it helps your organization show that you care for the community at large. This not only being the members of the community in your home town but with others from different places around the world. It shows that you can exercise accountable business practices, and in the process help your corporate identity grow as a contributor to global well being, not just your own.

 

With regard to your share holders and investors, corporate social responsibility helps them to see that your organization has good ethics and governance. They will be at ease that the company they hold a stake in has a good management team, who encourage and have good policies that they implement in the running of the organization. They will also see that the company is responsive to the needs and values of all its stake holders. In addition, they will see that your company has a good human resource practices, committed toward employment equity, retention and attraction of new and competent workers.

 

The community you choose to carry out your corporate responsibility obligations will also benefit from your actions. A good example is a company that is in the business of manufacturing and distributing sanitary pads. It gives some of its employees some days off and takes them to a developing country, where a good number of girls miss half their school days as a result of their periods. Such a community will benefit by ensuring that all members of the community are educated and in the future create a loyal market base for their product that will probably last for generations within the community.

 

Your employees will feel like they are part of a fully functional family, rather than corporate machinery that does not have social values. Having your employees travel abroad and work together to help a needy community, will help them to develop stronger bonds with each other and therefore work well if not better with each other. A sense of teamwork and appreciation for their jobs will develop between them; it will also help to demolish some barriers between employer and employees.

Your organization can take a number of approaches to social responsibility abroad; it can be as simple as an investment in a society like offering a scholarship to bright members of the society. You can also help to develop a community in terms of infrastructure, like building a school or hospital. An organization can also go with the more common method of making charitable donations towards a certain community towards a worthy cause. All these methods can in turn work in favor of your organization by generating good publicity, and visibility, they can therefore work as a marketing exercise for the organization.

 

 

 

 

 

Zablon Mukuba is the Director of Volunteer Capital Centre (VCC) the leading provider of quality and affordable volunteer abroad work programs and opportunities in third world countries. For more information and great deals on volunteering abroad visit http://www.volunteercapitalcentre.org.