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WHY CSR?
1. Government wanted participation of corporate
2. Until and unless a law is not made people do not perform such activities on their
own.
3. Government can’t do everything. Even they need funds and support to make this
world a better place to live in.
The main objective of doing CSR is for poor and unprivileged part of the society
Even RTE has 25% reservations to economically weaker section.
Inclusive policies for sustainable growth and poverty.
Local community does not have economic stake and thus need to be taken into
consideration.
CSR APPLICABILITY
1
Bess session report
CSR BOARD
Projects which profit employee and provide them with additional benefits.
In case it is related to employee family or corporate itself.
On-off events.
CONCLUSION
Each of the three guest speakers had different perspective about CSR and
sustainability.
While one believed it is a good step, the other believed corporate are being forced
to do it against their will.
One of them believed it is a smart way to market oneself and investing in it would be
directly beneficial to the company as well. It would impact the society and company
too.
Companies have to do it anyway and if not done in a correct way can even lead to
penalties and poor image of company.