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interests of society by taking responsibility for the impact of the organization's activities on customers, employees, shareholders, communities and the environment in all aspects of its operations. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees and their families as well as for the local community and society at large. Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development by working with employees, their families, the local community and society at large to improve their lives in ways that are good for business and for development. An essential component of our corporate social responsibility is to care for the community. We endeavor to make a positive contribution to the underprivileged communities by supporting a wide range of socio-economic, educational and health initiatives. Many of the community projects and programs are driven by active participation from our employees. Our commitment to address important societal needs extends throughout our philanthropic outreach programs driven by the HRI. Corporate Social Responsibility and the Investment Climate Many businesses in emerging markets are realizing benefits from corporate social responsibility initiatives, with quantified improvements in revenue and market access, productivity, and riskmanagement. While emerging-market companies tend to focus more on short-term cost savings and revenue gains, intangibles, such as brand value and reputation issues, are more significant for companies in developed countries. The contemporary corporate social responsibility agenda, however, is relatively immature in all countries. Despite widespread rhetoric, its impact is still patchy. In practice, implementation of this agenda by many companies is shallow and fragmented. Governments are beginning to view corporate social responsibility as cost-effective means to enhance sustainable development strategies, and as a component of their national competitiveness strategies to attract foreign direct investment and position their exports in global markets. There is a significant
Our CSR Assocoates opportunity for the public sector to harness business enthusiasm for corporate social responsibility to
help achieve its goal of reducing poverty. The challenge today for the public sector in developing their national context, and to play a role in strengthening appropriate local initiatives. What We Do countries is to identify corporate social responsibility priorities and incentives that are meaningful in
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If you have questions or would like to know more about donating to Help Rural India, please call us at 91-11-26437511 Monday to Saturday between 9.30 a.m. 5:30 p.m. (IST) or e-mail us at contact@ helpruralindia.org.
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