Professional Documents
Culture Documents
Corporate Social Responsibility
Corporate Social Responsibility
GROUP MEMBERS: 1. USHAKIRAN BASTIKAR 2. SWAPNIL CHAVAN 3. KHALID SHAIKH 4. POORNIMA SHETTY 5. SURAJ VAISHNAV
ROLL NO. 02 04 29 35 43
INDEX
1. MEANING OF csr 2. Relevance & Reasons. 3. VALUE APPROACH TO CSR 4. CSR TOWARDS THE STAKEHOLDERS 5. CSR WITHIN ORGANISATION 6. CSR & LABOUR RELATIONS, EXPLOITATION& HARRASSMENT 7. CSR & THE SOCIETY 8. CSR & SUSTAINABLE DEVELOPMENT 9. CSR MEASURES, INDICATORS & Triple bottom line. 10. CSR AT TATA STEEL 11. acknowledgement
MEANING OF CSR
CSR is about how companies manage the business processes to produce an overall positive impact on society. 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 is a commitment to improve community well being through discretionary business practices & contributions of corporate resources. It is the sense if obligation on the part of companies to build certain social criteria & manage the business activities by taking strategic decision. Socially responsible companies should consider various issues, from the organisation of the firm to building relationships with the community. The issue of corporate responsibility has come into focus through industrial revolution. CSR is about Business Giving Back to the Society. CSR is also referred to corporate or business responsibility , corporate or business responsibility, corporate or business citizenship, community relations& social responsibility.
Elimination in discrimination in respect of employment and occupation. Encourage whistle blowing. Firing or dismissal should be done for a just cause. Concerned employee should be given a reasonable and fair chance to explain his case and plead it. Harmful effect of dismissal should be mitigated as far as possible. Discrimination between genders, due to origin, disabled, pays, promotion etc., while employing or while in employment. There should not be any sexual harassment. Perquisites and Remuneration should be just and according to the performance. They should be able to compensate the rising Cost of Living, and offer them a decent family life. To build good relationship workers and their representatives must be heard/listened to and tackled warmly. Try to upgrade the skills. Push the practice of ergonomics in practice.
Sustainability:
resources and their regeneration. It serves the needs of the society both present and future.
Triple Bottom Line:The triple bottom line (abbreviated as "TBL" or "3BL", and also known as "The Three Pillars. The triple bottom line is made up of:
Social (People):
"People" (human capital) pertains to fair and beneficial business practices toward labour and the community and region in which a corporation conducts its business. A triple bottom line enterprise seeks to benefit many constituencies, not exploit or endanger any group of them.
Environment (Planet):
"Planet" (natural capital) refers to sustainable environmental practices. A TBL company endeavors to benefit the natural order as much as possible or at the least do no harm and curtail environmental impact. A TBL endeavor reduces its ecological footprint by, among other things, carefully managing its consumption of energy and non-renewable and reducing manufacturing waste as well as rendering waste less toxic before disposing of it in a safe and legal manner.
Economic (Profit):
Profit" is the economic value created by the organization after deducting the cost of all inputs, including the cost of the capital tied up. It therefore differs from traditional accounting definitions of profit. In the original concept, within a sustainability framework, the "profit" aspect needs to be seen as the real economic benefit enjoyed by the host society. It is the real economic impact the organization has on its economic environment.
As a policy, Tata Steel promotes and encourages economic, social and educational development within its communities while also giving active support to local initiatives. Its mammoth social outreach programme covers the company-managed city of Jamshedpur and over 800 villages around it through upliftment initiatives in the areas of income generation, health and medical care, education, sports, and relief.
Acknowledgment
We are very thankful to everyone who all supported us, for we have completed our project effectively and moreover on time.
We are equally grateful to our teacher Mrs. Geetha Narayan. She gave us moral support and guided us in different matters regarding the topic. She had been very kind and patient while suggesting us the outlines of this project and correcting our doubts. We thank her for her overall support.
Thanking you