SlideShare ist ein Scribd-Unternehmen logo
1 von 15
Downloaden Sie, um offline zu lesen
Effective Use Of
Corporate Social Responsibility
 Definition
 Stakeholders in Business
Environment
 Corporate Social Responsibility
Pyramid
 Reasons for Increased Importance
 Companies Act 2013
 Forms of Implementation
 Effective Way of CSR
Implementation
 Potential Business Benefits
 When do Corporations fall short ?
 Way forward & Conclusion
Table
Of
Contents
 Effectiveness:
Capability of producing a desired result.
 Corporate Social Responsibility:
CSR is the way through which a company achieves a balance
of economic, environmental and social imperatives, while at
the same time addressing the expectations of shareholders
and stakeholders
 Stakeholders:
A stakeholder is any individual, group or organization that
can affect, be affected by, or perceive itself to be affected by
a programme.
HCL: “Technology That Touches Lives”
Definition
STAKEHOLDERS
IN BUSINESS
Microsoft : “Your potential. Our passion”
Employee
Families
Community Customers Employees
Investors Government Partners
CSR
PYRAMID Discretionary
Responsibility
Ethical Responsibility
( Be Ethical)
Legal Responsibility
( Obey the Law)
Economic Responsibility
( Be Profitable)
REASONS FOR
INCREASED
IMPORTANCE
Stakeholder influence
Ethical consumerism
Socially responsible investing
Creating shared value
Public policies
Regulation
Infosys: “Powered by Intellect Driven by Values”
The CSR provisions within the Act is applicable to
companies with
 An annual turnover of Rs 1000 Cr & more,or
 A net worth of Rs 500 Cr & more,or
 A net profit of Rs 5 Cr & more.
nt “
Companie
sAct2013
Promotion of education
Eradication of extreme hunger and poverty
Gender equity and women empowerment
Reducing child mortality and improving maternal health
Social business projects
Environmental sustainability
Employment enhancing vocational skills
List of Activities
Under Schedule VII
Defensive CSR
Charitable CSR
Promotional CSR
Strategic CSR
Transformative CSR
Ford: Built for the Road Ahead
”
FormsOf
Implementation
 Ethical Business Conduct
and Governance
 Our People
 Serving Communities
 Human Rights
 Responsible Sourcing
 Environmental Sustainability
POTENTIAL
BUSINESS
 Triple bottom line
 Human resources
 Risk management
 Brand
differentiation
 Reduced scrutiny
Cisco Systems: “This is the Power of the Network. Now.”
WHEN DO CORPORATIONS
FALL SHORT ?
Approach Towards CSR
Leveraging CSR for Window Dressing
Misdirection
Controversial industries and CSR
Disneyland: “The happiest place on earth”
WAY FORWARD &
CONCLUSION
Voluntary Compliance
Sustainability
Stick to Corporate Values
CSR – Employment Opportunities
Targeting Potential Areas
Understand customers expectations
Use the organization properly
Social Innovation
McDonalds: “We love to see you smile”
Importance of CSR
THANK YOU

Weitere ähnliche Inhalte

Was ist angesagt?

Csr / corporate social responsibility
Csr / corporate social responsibilityCsr / corporate social responsibility
Csr / corporate social responsibilitySuman Nanjappa
 
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In IndiaCORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In IndiaSatyaki Chowdhury
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilitySteve Raybould
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilityRahul Koul
 
Corporate Social Responsibility ppt.
Corporate Social Responsibility ppt.Corporate Social Responsibility ppt.
Corporate Social Responsibility ppt.Saurabh Tiwari
 
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...SlideTeam
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilityKarun Mahajan
 
Introduction to csr
Introduction to csrIntroduction to csr
Introduction to csrViren Patel
 
Introduction to Corporate Social Responsibility
Introduction to Corporate Social ResponsibilityIntroduction to Corporate Social Responsibility
Introduction to Corporate Social ResponsibilityRajesh Timane, PhD
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityShivans Gupta
 
Business & Corporate Social Responsibility
Business & Corporate Social ResponsibilityBusiness & Corporate Social Responsibility
Business & Corporate Social Responsibilitytutor2u
 
corporate social responsibility
corporate social responsibility corporate social responsibility
corporate social responsibility nehamodi274
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilityMonika403287
 

Was ist angesagt? (20)

Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Csr / corporate social responsibility
Csr / corporate social responsibilityCsr / corporate social responsibility
Csr / corporate social responsibility
 
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In IndiaCORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
 
Csr ppt
Csr pptCsr ppt
Csr ppt
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Triple bottom line
Triple bottom lineTriple bottom line
Triple bottom line
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Corporate Social Responsibility ppt.
Corporate Social Responsibility ppt.Corporate Social Responsibility ppt.
Corporate Social Responsibility ppt.
 
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...
Corporate Social Responsibility Business Strategy PowerPoint Presentation Sli...
 
Csr presentation
Csr presentationCsr presentation
Csr presentation
 
CSR....
CSR....CSR....
CSR....
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Introduction to csr
Introduction to csrIntroduction to csr
Introduction to csr
 
Introduction to Corporate Social Responsibility
Introduction to Corporate Social ResponsibilityIntroduction to Corporate Social Responsibility
Introduction to Corporate Social Responsibility
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Business & Corporate Social Responsibility
Business & Corporate Social ResponsibilityBusiness & Corporate Social Responsibility
Business & Corporate Social Responsibility
 
corporate social responsibility
corporate social responsibility corporate social responsibility
corporate social responsibility
 
CSR Analysis
CSR AnalysisCSR Analysis
CSR Analysis
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 

Andere mochten auch

5 social accountability (english)
5 social accountability (english)5 social accountability (english)
5 social accountability (english)Article33
 
Lecture 10: Good and Bad CSR – A critical perspective
Lecture 10: Good and Bad CSR – A critical perspectiveLecture 10: Good and Bad CSR – A critical perspective
Lecture 10: Good and Bad CSR – A critical perspectiveDr. Alex Hope
 
Csr Partnerships How To Choose The Right Organizations
Csr Partnerships   How To Choose The Right OrganizationsCsr Partnerships   How To Choose The Right Organizations
Csr Partnerships How To Choose The Right OrganizationsJayaBohlmann
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibilityvikasknaidu
 
The moral trap of CSR (FINN webinar)
The moral trap of CSR (FINN webinar)The moral trap of CSR (FINN webinar)
The moral trap of CSR (FINN webinar)FINN
 
Corporate social responsbility
Corporate social responsbilityCorporate social responsbility
Corporate social responsbilitykartik saxena
 
Corporate Social Responsibility CSR PowerPoint Templates
Corporate Social Responsibility CSR PowerPoint TemplatesCorporate Social Responsibility CSR PowerPoint Templates
Corporate Social Responsibility CSR PowerPoint Templates24point0
 
Csr vrinda devika amenda anit
Csr  vrinda devika amenda anitCsr  vrinda devika amenda anit
Csr vrinda devika amenda anitAmenda Joy
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityJNathan
 
Corporate social responsibility PPT | 2015
Corporate social responsibility PPT | 2015Corporate social responsibility PPT | 2015
Corporate social responsibility PPT | 2015Aadhit B
 
CORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITYRobbySahoo
 
TBL & CSR - Sustainability Management
TBL & CSR - Sustainability Management TBL & CSR - Sustainability Management
TBL & CSR - Sustainability Management Anand Subramaniam
 

Andere mochten auch (15)

5 social accountability (english)
5 social accountability (english)5 social accountability (english)
5 social accountability (english)
 
Lecture 10: Good and Bad CSR – A critical perspective
Lecture 10: Good and Bad CSR – A critical perspectiveLecture 10: Good and Bad CSR – A critical perspective
Lecture 10: Good and Bad CSR – A critical perspective
 
Csr Partnerships How To Choose The Right Organizations
Csr Partnerships   How To Choose The Right OrganizationsCsr Partnerships   How To Choose The Right Organizations
Csr Partnerships How To Choose The Right Organizations
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
C S R Presentation
C  S  R PresentationC  S  R Presentation
C S R Presentation
 
5 steps To Motivational CSR Meetings
5 steps To Motivational CSR Meetings5 steps To Motivational CSR Meetings
5 steps To Motivational CSR Meetings
 
The moral trap of CSR (FINN webinar)
The moral trap of CSR (FINN webinar)The moral trap of CSR (FINN webinar)
The moral trap of CSR (FINN webinar)
 
Corporate social responsbility
Corporate social responsbilityCorporate social responsbility
Corporate social responsbility
 
Corporate Social Responsibility CSR PowerPoint Templates
Corporate Social Responsibility CSR PowerPoint TemplatesCorporate Social Responsibility CSR PowerPoint Templates
Corporate Social Responsibility CSR PowerPoint Templates
 
Csr vrinda devika amenda anit
Csr  vrinda devika amenda anitCsr  vrinda devika amenda anit
Csr vrinda devika amenda anit
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Corporate social responsibility PPT | 2015
Corporate social responsibility PPT | 2015Corporate social responsibility PPT | 2015
Corporate social responsibility PPT | 2015
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
CORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITY
 
TBL & CSR - Sustainability Management
TBL & CSR - Sustainability Management TBL & CSR - Sustainability Management
TBL & CSR - Sustainability Management
 

Ähnlich wie Importance of CSR

Corporate Social Responsibility of MNCs
Corporate Social Responsibility of MNCsCorporate Social Responsibility of MNCs
Corporate Social Responsibility of MNCsDr.B.B. Tiwari
 
Innovations in Corporate Social Responsibility- India
Innovations in Corporate Social Responsibility- IndiaInnovations in Corporate Social Responsibility- India
Innovations in Corporate Social Responsibility- IndiaDean Michael Castelino
 
Research Project on CSR.docx
Research Project on CSR.docxResearch Project on CSR.docx
Research Project on CSR.docxkushi62
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityGaurav Wadhwa
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionPositive Revolution Inc
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionPositive Revolution Inc
 
Corporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcCorporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcPositive Revolution Inc
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionPositive Revolution Inc
 
Corporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcCorporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcPositive Revolution Inc
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityLarissa Long
 
Csr in india ,a case study on hindalco
Csr in india ,a case study on hindalcoCsr in india ,a case study on hindalco
Csr in india ,a case study on hindalcoserampore college
 
Corporate social responsibility_csr_over
Corporate social responsibility_csr_overCorporate social responsibility_csr_over
Corporate social responsibility_csr_overKush Juthani
 

Ähnlich wie Importance of CSR (20)

Corporate Social Responsibility of MNCs
Corporate Social Responsibility of MNCsCorporate Social Responsibility of MNCs
Corporate Social Responsibility of MNCs
 
Innovations in Corporate Social Responsibility- India
Innovations in Corporate Social Responsibility- IndiaInnovations in Corporate Social Responsibility- India
Innovations in Corporate Social Responsibility- India
 
Csr Essay
Csr EssayCsr Essay
Csr Essay
 
23 business i environment i society mba 2016
23 business i environment i society mba 201623 business i environment i society mba 2016
23 business i environment i society mba 2016
 
Research Project on CSR.docx
Research Project on CSR.docxResearch Project on CSR.docx
Research Project on CSR.docx
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive Revolution
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive Revolution
 
Corporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcCorporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution Llc
 
Corporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive RevolutionCorporate Responsibility Report Positive Revolution
Corporate Responsibility Report Positive Revolution
 
Corporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution LlcCorporate Responsibility Convergence Positive Revolution Llc
Corporate Responsibility Convergence Positive Revolution Llc
 
Essay About Corporate Social Responsibility Plan
Essay About Corporate Social Responsibility PlanEssay About Corporate Social Responsibility Plan
Essay About Corporate Social Responsibility Plan
 
CSR
CSRCSR
CSR
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Corporate Citizenship
Corporate CitizenshipCorporate Citizenship
Corporate Citizenship
 
Corporate Social Responsibilities Essay
Corporate Social Responsibilities EssayCorporate Social Responsibilities Essay
Corporate Social Responsibilities Essay
 
Csr in india ,a case study on hindalco
Csr in india ,a case study on hindalcoCsr in india ,a case study on hindalco
Csr in india ,a case study on hindalco
 
Csr
CsrCsr
Csr
 
Corporate social responsibility_csr_over
Corporate social responsibility_csr_overCorporate social responsibility_csr_over
Corporate social responsibility_csr_over
 
Csr and ethics
Csr and ethicsCsr and ethics
Csr and ethics
 

Kürzlich hochgeladen

PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
MoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor PresentationMoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor Presentationbaron83
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGlokeshwarmaha
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examplesamberjiles31
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfCharles Cotter, PhD
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.mcshagufta46
 
Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Lviv Startup Club
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfHajeJanKamps
 
Trauma Training Service for First Responders
Trauma Training Service for First RespondersTrauma Training Service for First Responders
Trauma Training Service for First RespondersBPOQe
 
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHelene Heckrotte
 
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...Brian Solis
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Winbusinessin
 
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptx
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptxChapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptx
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptxesiyasmengesha
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhangmcgroupjeya
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...Khaled Al Awadi
 
Introduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxIntroduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxJemalSeid25
 
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...ISONIKELtd
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...IMARC Group
 

Kürzlich hochgeladen (20)

PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
MoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor PresentationMoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor Presentation
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examples
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.
 
Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdf
 
Trauma Training Service for First Responders
Trauma Training Service for First RespondersTrauma Training Service for First Responders
Trauma Training Service for First Responders
 
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
 
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024
 
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptx
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptxChapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptx
Chapter_Five_The_Rural_Development_Policies_and_Strategy_of_Ethiopia.pptx
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhang
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
 
Introduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxIntroduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptx
 
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...
ISONIKE Ltd Accreditation for the Conformity Assessment and Certification of ...
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
 

Importance of CSR

  • 1. Effective Use Of Corporate Social Responsibility
  • 2.  Definition  Stakeholders in Business Environment  Corporate Social Responsibility Pyramid  Reasons for Increased Importance  Companies Act 2013  Forms of Implementation  Effective Way of CSR Implementation  Potential Business Benefits  When do Corporations fall short ?  Way forward & Conclusion Table Of Contents
  • 3.  Effectiveness: Capability of producing a desired result.  Corporate Social Responsibility: CSR is the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders  Stakeholders: A stakeholder is any individual, group or organization that can affect, be affected by, or perceive itself to be affected by a programme. HCL: “Technology That Touches Lives” Definition
  • 4. STAKEHOLDERS IN BUSINESS Microsoft : “Your potential. Our passion” Employee Families Community Customers Employees Investors Government Partners
  • 5. CSR PYRAMID Discretionary Responsibility Ethical Responsibility ( Be Ethical) Legal Responsibility ( Obey the Law) Economic Responsibility ( Be Profitable)
  • 6. REASONS FOR INCREASED IMPORTANCE Stakeholder influence Ethical consumerism Socially responsible investing Creating shared value Public policies Regulation Infosys: “Powered by Intellect Driven by Values”
  • 7. The CSR provisions within the Act is applicable to companies with  An annual turnover of Rs 1000 Cr & more,or  A net worth of Rs 500 Cr & more,or  A net profit of Rs 5 Cr & more. nt “ Companie sAct2013
  • 8. Promotion of education Eradication of extreme hunger and poverty Gender equity and women empowerment Reducing child mortality and improving maternal health Social business projects Environmental sustainability Employment enhancing vocational skills List of Activities Under Schedule VII
  • 9. Defensive CSR Charitable CSR Promotional CSR Strategic CSR Transformative CSR Ford: Built for the Road Ahead ” FormsOf Implementation
  • 10.  Ethical Business Conduct and Governance  Our People  Serving Communities  Human Rights  Responsible Sourcing  Environmental Sustainability
  • 11. POTENTIAL BUSINESS  Triple bottom line  Human resources  Risk management  Brand differentiation  Reduced scrutiny Cisco Systems: “This is the Power of the Network. Now.”
  • 12. WHEN DO CORPORATIONS FALL SHORT ? Approach Towards CSR Leveraging CSR for Window Dressing Misdirection Controversial industries and CSR Disneyland: “The happiest place on earth”
  • 13. WAY FORWARD & CONCLUSION Voluntary Compliance Sustainability Stick to Corporate Values CSR – Employment Opportunities Targeting Potential Areas Understand customers expectations Use the organization properly Social Innovation McDonalds: “We love to see you smile”