Name

Roll No

Rajat Gulati Kalpesh Rajput

1117 7 1117 8

Jayvant

1117

 Introduction Corporate social responsibility and your business The business benefits of corporate social responsibility Understand the environmental impact of your business. Deal responsibly with customers and suppliers Measure the effectiveness of your corporate social responsibility

1.Introduction 2.Meaning 3.Definition

Prime Minister Manmohan Singh said "Corporate social responsibility must not be defined by tax planning strategies alone. Rather, it should be defined within the framework of a corporate philosophy, which factors the needs of the community and the regions in which a corporate entity functions."

1.Suppliers 2.Employees 3.Local Community 4.Environment

1. Creating Recyclable Products. 2. Sourcing responsibly (e.g. using recycled materials and sustainable timber). 3. Minimizing packaging. 4. Creating an efficient (and fuel-efficient) distribution network. 5. Working with suppliers and distributors who take steps to minimize their environmental impact

 CUSTOMERS Provide Good Quality Be Open and Honest Follow and Create awareness about Basic Consumer Rights

SUPPLIERS
Ethical Trading

1. A good reputation makes it easier to recruit employees. 2. Employees may stay longer, reducing the costs and disruption of recruitment and retraining. 3. Employees are better motivated and more productive. 4. CSR helps ensure you comply with regulatory requirements. 5. Activities such as involvement with the local community are ideal opportunities to generate positive press coverage. 6. Good relationships with local authorities make doing business easier. 7. Understanding the wider impact of your business can help you develop new products and services.

1. As per Asian Governance Association, India has consistently ranked 3 among top 10 Asian countries in terms of CSR activities. 2. In another study undertaken by automotive research company, TNS Automotive, India has been ranked second in global corporate social responsibility. State-owned Bharat Petroleum and Maruti Udyog were ranked as the best companies in India. Bharat Petroleum and Maruti Udyog came on top with 134 points each, followed by Tata Motors (133) and Hero Honda (131). The study was based on a public goodwill index and India received 119 points in the index against a global average of 100. Thailand was at the top slot with 124 points. 3. An estimated 100 corporate foundations and 25 foreign

What is Ethics?
A branch of Philosophy that involves Systematizing, defending, and Recommending concepts of right and wrong behavior.

What is Business Ethics?

A form of Applied Ethics or Professional Ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.

What are Importance of Business Ethics?

Maintaining Integrity. Protecting and enhancing Goodwill. Deal with Customer issues and Services.

Benefits of Good Business Et

1.Backbone of Every Business 2.Profitability 3.Going Concern is Assured/ Stability 4.Competitive Edge