Social and Environmental Responsibility Essay

The responsibilities of a corporation are creating structure and function of its own organisation, providing continuity, effective management and increase of profit, and social responsibilities. Corporate responsibility is concerned with the sustainability of an organisation’s ethics over the long term. At its core, corporate responsibility seeks to add value to an organisation's activities by ensuring they have a positive impact on society, the environment and the economy. The corporate social…

CSR-Sony -Tanima FY-A Corporate Social Responsibility (CSR), also known as corporate conscience is a concept related to the activities that are performed by a company to integrate social and environmental responsibility into their operations. It is a business model where companies attempt to work in a sustainable manner in compliance with international laws and ethics. Many companies have a CSR Policy, which defines areas of concern and initiatives to improve relations with the people and…

Corporate Social Responsibility has been defined in several ways over the past decades. Many believe that CSR is an ethical approach in which businesses considers the impact of their operations on the environment, while others argues that it is void of meaning. However, in its contemporary context CSR is brilliantly defined as corporations involved in voluntary social and environmental efforts that transcends legal and ethical regulations (Davis, 1973; Piacentini; MacFadyen, & Eadie; McWilliams…

regarding social responsibility in the business world. It is merely impossible to read through articles, newspaper or business reviews without encountering discussions of the issue. Today, companies not just compete on prices, quality and competitive advantages, they must also imitate on the legal, ethical, moral and social consequences of their decision (Harris, 2001). In order for businesses to prosper within the competitive environment, organisations have to adopt Corporate Social…

Corporate social responsibility is always a controversy topic when people discuss about a company’s contribution towards the society. Nowadays, many corporation has implemented policies that aims to provide social benefit to the communities. In Kasturi Rangan, Lisa Chase and Sohel Karim’s article “THE TRUTH ABOUT CSR”, the authors believe that the corporation’s main goal regarding to social responsibility is to align the “social and environmental activities with business purpose and value” (42).…

The public’s increasing concern for social issues, such as sustainability, has resulted in the adoption of corporate social responsibility (CSR) strategies by companies worldwide. CSR has become an integral part of today’s business environment. Despite the growing trend towards the implementation of CSR, the United States seems to be lagging behind other countries, such as the United Kingdom and those in the European Union, in the depth and impact of their CSR commitments and actions. This gap…

Corporate responsibility is mostly about ensuring that the organization gives back to communities and sponsors that keeps the business competitive and existing. What the organization invests into the world is exactly what they will get out of it. Businesses have unique opportunities to give back to communities in a way that amplifies the intentions of their employees and company mission. Corporate social responsibility is defined as the way organizations attains a balance among its social,…

Now a day’s corporations need to ensure that they act ethically and contribute in various positive ways towards the society. To maintain, a social and sustainable company, each corporation performs a CSR report that tackles the company’s economic, ethical, social and environmental responsibilities, in which it communicates the necessary information to its employees and stakeholders. IKEA is a multinational company established in Sweden that designs and sells ready-to-assemble furniture,…

Apart from the production unit, flare stack is also a significant security device for the petroleum and petrochemical industries used for exhaust gas pressure (Flare Gas) from the production process, especially if the process fails. Despite the safety equipment necessary, to reduce the frequency and volume of vented gas flares out to the left, it will reduce the anxiety of neighboring communities. Therefore, the company plans to reduce the flare stack as well as improve it efficiently as…

value and importance of Corporate Social Responsibility (CSR). Which approach to CSR is closer to your own views? Justify your answer. If both or neither? Justify your answer. The term business is described as “the activity of making, buying, or selling goods or providing services in exchange for money” (Merriam-Webster, 2015). Human kind has been establishing businesses since their existence in the world. In order to understand what corporate social responsibility is, the term ethic must…