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they work for a social cause. It is essential that the business gives a part of what it gets to the community for its development. A forwarded action which flows companys vision and mission as a part of companys everyday actions
CSR is being aware of and bringing about change to working practices to eradicate exploitation and promote fairness and safety
To create a trust among the investors For becoming preferred choice of their customers For enhancing brand value and reputation Long term sustainability for organization and society
The source of Coca colas DASANI water, treated tap water at its factory in London
EXAMPLES
OF COMPANIES IMPLEMENTING CSR
1. 2. 3. 4.
Promoting child education Awareness training camps Supporting social fabric Environment protection
The Avon came up with the idea of hope gives way to despair.
Recently the hospital has took the social responsibility in removing the concept of SONS ONLY TO END by bringing the concept of celebrate FEMALE child
1. 2.
Coca colas recycling effects is an example of corporate social innovation McDonalds also recently announced its intent to test green restaurants model that significantly reduce energy consumption and waste production, a strategy that will undoubtedly reduce costs and benefit the environment, if successful
NTPC has prepared sustainability report covering Economic , Environmental and social aspects with the triple bottom line approach based on widely accepted Global Reporting Initiative (GRI) Guidelines.
Corporate had moved ahead to a really new level to fulfill their social responsibility which not only help the society but also to these companies to make a reputation in the society. The expectations from private sector regarding CSR is very high in the future In the present scenario companies play an important role in the growth and development of the nation. They should be encouraged and motivated to contribute more.
CLOSING LINE
So companies not doing CSR will not survive.
Its only the question of WHEN.