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SUBMITTED BY:RISHA BEHL (G-10) MADHVI SOOD (G-15) AKSHAY KAPAI (G-20) ADITYA SHARMA (G-25) SAMBHAV JAIN (G-59)
was used to describe corporate owners beyond shareholders as a result of an influential book by R. stakeholders and all other members of the public sphere. The term stakeholder. also called corporate conscience. self-regulating mechanism whereby business monitors and ensures its active compliance with the spirit of the law. Furthermore. Proponents argue that corporations make more long term profits by operating with a perspective. Edward Freeman. and voluntarily eliminating practices that harm the public sphere. CSR-focused businesses would proactively promote the public interest by encouraging community growth and development. ethical standards. The term "corporate social responsibility" came in to common use in the late 1960's and early 1970's. CSR is titled to aid an organization's mission as well as a guide to what the company stands for and will uphold to its consumers. and international norms. Development business ethics is one of the forms of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment. or sustainable responsible business) is a form of corporate self-regulation integrated into a business model. CSR is the deliberate inclusion of public interest into corporate decision-making. regardless of legality. after many multinational corporations formed. meaning those on whom an organization's activities have an impact. communities. The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment. that is the core business of the company or firm. planet. and the honoring of a triple bottom line: people. profit. while critics argue that CSR distracts from the economic role of businesses. ISO 26000 is the recognized international standard for CSR (currently a Draft International Standard).CORPORATE SOCIAL RESPONSIBILITY Corporate social responsibility (CSR. consumers. social performance. employees. or an attempt to pre-empt the role of governments as a watchdog over powerful multinational corporations. Others argue CSR is merely window-dressing. . Strategic management: a stakeholder approach in 1984. CSR policy functions as a built-in. corporate citizenship.
3. ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). branches in United States. Malaysia and Indonesia. and has a presence in 19 countries. The Bank has a network of 2. venture capital and asset management. Thailand. China.000 ATMs in India. . Our UK subsidiary has established branches in Belgium and Germany. Bahrain. The Bank currently has subsidiaries in the United Kingdom. including India. 2010 and profit after tax Rs. life and non-life insurance. Singapore. Russia and Canada.00 billion (US$ 81 billion) at March 31. Sri Lanka. Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates. 40. South Africa. 2010.528 branches and 6. Bangladesh.634. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking. Hong Kong.COMPANY PROFILE ICICI Bank is India's second-largest bank with total assets of Rs.25 billion (US$ 896 million) for the year ended March 31.
CSR initiatives are designed to be consistent with the respective business foci of each company within the ICICI Group. a Bengaluru-based nonprofit that supports citizens¶ participation in public governance. It locates cost effective and scalable initiatives and approaches that have the potential to address these gaps and supports research to understand their impact. In other arenas. Thus. nongovernmental organizations (NGOs). the strategy for effecting change has been to build strong partnerships. by promoting early child health. an initiative to strengthen citizen emergency preparedness and neighbourhood security that was developed by Janaagraha. catalyzing universal elementary education and maximizing access to micro financial services.CSR AT ICICI The Social Initiatives Group (SIG) of ICICI Bank Ltd works with a mission to build the capacities of the poorest of the poor to participate in the larger economy. This is undertaken in collaboration with research agencies. ICICI Bank believes that it can build the capacities of India¶s poor to participate in larger socio-economic processes and thereby spur the overall development of the country. local stakeholders and international organizations. government departments. . as with Area Suraksha Mitra. In addition to our work with our five strategic partners to support inclusive growth. companies. ICICI Foundation works with ICICI Group of Companies to support their various corporate social responsibility (CSR) initiatives. The group identifies and supports initiatives designed to break the intergenerational cycle of poor health and nutrition ensure essential early childhood education and schooling as well as access to basic financial services. The SIG works by understanding the status of existing systems of service delivery and identifying critical knowledge and practice gaps in their functioning. Where ICICI Group of Companies¶ core competencies and resources can be put to work ± as in the massive fundraising drive that took place after the floods in Bihar and elsewhere ± a direct approach to CSR is taken.
ICICI Group of Companies¶ CSR efforts have been and remain integral to its core mission of delivering value to its stakeholders and to the sustainable growth and development of India¶s economy. . ICICI Bank views its Corporate Social Responsibility (CSR) initiatives as integral to its core mission of delivering value to its stakeholders. In line with its commitment to investing in India's future and building the nation's talent pool. CSR in partnership with civil society and CSR through ICICI Foundation for Inclusive Growth. The Bank's CSR activities have taken three broad strategic directions: CSR through commercial activities.
In line with this. Test results are confidential and are not disclosed to a third party. Discrimination: No employee is allowed to be isolated. Workplace Behavior: Employees are given adequate education in order to ensure that there are no grounds for refusal to share a workplace with an employee living with HIV. This is with a view to preventing and containing the spread of the disease. or segregated.ABOUT THIS REPORT ICICI Bank workplace policy on HIV/AIDS HIV/AIDS is a significant public health issue. prevent transmission and ultimately engenders a non discriminatory attitude towards people living with HIV/AIDS. Bank pioneered the HIV/AIDS workplace policy amongst banks and is firmly committed to supporting local and global efforts at addressing the pandemic. Testing: Testing is done with the informed consent of the staff involved and pre and post-test counselling is available. within the Bank¶s premises on the grounds of being infected with HIV. The bank makes the necessary adjustments to the workplace to ensure that employees living with HIV remain in the system as long it is medically and functionally feasible. Awareness: The Bank regularly provides information and facilities to staff on the various aspects of HIV/AIDS with a view to preventing and ensuring maximum containment of the disease. Equal opportunity: ICICI Bank¶s policy ensures HIV positive individuals are treated in the same manner as those with any other progressive or deliberating illness and ensures that necessary precautions are taken to prevent the transmission or spread of HIV to other staff. Our workplace policy strives to institute and sustain a Bank wide awareness of the HIV/AIDS phenomenon. ICICI Bank sets out to support employees who themselves are HIV positive or are otherwise affected by HIV/AIDS. We strongly believe that information will empower our people to understand the HIV infection phenomenon. . It creates avenues to provide adequate and easily comprehensible information to our staff on the various aspects of the disease.
A brief description of our programme includes the following: An E-forum discussion group to share real life personal stories. WORK PLACE PROGRAMME Bank recognizes the magnitude and severity of the development of the HIV/AIDS epidemic worldwide. Confidentiality: Strict confidentiality is maintained during testing while medical counseling and support services are extended to employees living with HIV/AIDS and their families. It is therefore crucial for our businesses to maintain a healthy workforce and a safe environment where full potential can be realized. it is imperative to develop and implement a responsible approach to managing HIV/AIDS through effective workplace programmes. These peer educators will attend a five-day training programme and 25 people will be selected from each geographical zone listed above. 2 To champion stigma fighting and become a new player and response to HIV and AIDS prevention. As an ardent advocate of the global fight against HIV/AIDS. We assist employees with HIV/AIDS obtain proper medical care and supervision of their condition within the scope of our existing health policy. . their families and society in general. a workplace policy was developed by our workplace task force and consequently approved by the Board for implementation. All Human Resources staff will be trained as counselors and peer educators. partnerships and community involvement that seek to reduce the impact of HIV/AIDS on our employees. After due consideration and research. HIV experiences and discuss research updates thus creating a safe space for staff members to access information and discuss HIV related issues. treatment. Training of 300 people as counselors and peer educators.Support: The Bank offers counseling and support services to help employees and their families cope with social. care and support. emotional and other concerns associated with HIV/AIDS. prevent transmission and become nondiscriminatory towards people living with HIV and AIDS. Objective: 1 Empower ICICI Bank staff to understand HIV infection.
we intend to create an accommodating and understanding work environment that promotes healthy relationships. New employees are not left out of the workplace policy training as a monthly one-day HIV awareness session will be conducted at the Access Bank School of Banking Excellence as part of the company induction programme for new employees. education and prevention among employees. HIV related information is published in an internal newsletter ³HR Weekly´ and disseminated through email (Outlook). A 2-hour interactive sensitization session was conducted for all cadres of staff in partnership with the Positive Action Treatment Access (PATA). HR Weekly highlights pertinent awareness issues and offers numbers of external NGOs to staff members for HIV confidential counseling. PREVENTION AND AWARENESS The following programmes have been designed to facilitate HIV/AIDS awareness. Bi-annual workshop on prevention and treatments for staff. . The programme was an open interactive session where representatives from our partner organization delivered speeches on HIV transmission. myths and discrimination. Since the launch of the policy every employee has attended an information session including the executive management of the Bank. prevention. With our workplace policy in place and endorsed by the Board and Management. Staff openly participated through contributions and questions as they were very enthusiastic to acquire knowledge about issues bothering them and how they can protect themselves and loved ones.