CORPORATE SOCIAL RESPONSIBILITY

DEFINITION OF CSR

CONT.

CSR is about how companies manage the business processes to produce an overall positive impact on society OR Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large

CSR-TATA GROUP

Over the years, the Tata philosophy to 'Give back what you get' has been followed by all their enterprises across India In the fiscal year 2004 Tata Steel alone spent INR 45 crore on social services Tata Consultancy Services runs an adult literacy programme Titan has employed 169 disabled people in blue collar workforce at Hosur Tata Chemicals runs a rural development programme at Okhamandal and Babrala Tata Tea's education programme and Tata Relief Committee (TRC) which works to provide relief at disaster affected areas

CSR-IOCL
50 Bed Swarna Jayanti Samudaik Hospital, Raunchi Bangar, Mathura 200 bed hospital set up by Assam Oil Division, IOCL at Digboi, Assam Indian Oil Rural Mobile HealthCare Scheme Expansion of Education Community Development: Providing Clean Drinking Water, Health & Medical Care

CSR-GMR GROUP

GMR Varalakshmi Foundation (GMRVF) is the Corporate Social Responsibility arm of the GMR Group. Its mandate is to develop social infrastructure and enhance the quality of life of communities around the locations where the Group has presence The Foundation is a Section 25 (not-for-profit) company. It has its own professional staff drawn from top academic and social work institutions. It is governed by a Board chaired by Group Chairman, GMR Group Education Health Hygiene & Sanitation Community Development Empowerment & Livelihoods

REFERENCES

http://www.mallenbaker.net/csr/definition.php http://www.tata.com/company/Media/inside.aspx?artid= ZYTmDvfrGd4= http://www.iocl.com/Aboutus/corporatesocialresponsibili ty.aspx

http://www.newdelhiairport.in/csr.aspx