CONTENTS
. Executive Summary
. Section-I
Conceptual Framework
2.1 Corporate Social
Responsibility
2.2 CSR-Related Concepts
. Section-II
3.1 Need Of The Study
3.2 Scope Of The Study
3.3 Limitations Of The Survey
3.4 Research Methodology
. Section-III
Organization Profile
4.1 Public Sector Undertakings
4.2 NTPC Limited
4.3, CSR in RGCCPP, NTPC
KayamkulamEXECUTIVE
SUMMARY|
NTPC fallows the global practice of addressing the CSR issue in an
integrated multi-stakeholder approach covering the environment and
social aspects.
At RAJIV GANDHI COMBINED CYCLE POWER PROJECT, NTPC
Kayamkulam, Corporate Social Responsibility- | Community
Development (CSR-CD) activities are being undertaken based on the
conducted from time to time in association
with the District Administration/Local Panchayats/Villagers and
various stakeholders.
Some of which are construction of tube-wells and water tanks for
providing drinking water, drains to prevent water logging, village
roads, waiting shed, wheelchairs to the disabled, Haemo-Dialysis
machine to Alappuzha Medical College, donation of furniture to
schools and hospitals, vocational training to village youths, street
lighting, scholarship to ITI students, etc.
to the poor people in tsunami affected areas, namely
Arattupuzha and Thrikkunnapuzha villages. They (poor people) are
very happy and highly satisfied with this facility and just want that
this facility should be provided forever.SECTION-I
CONCEPTUAL
FRAMEWORKCORPORATE SOCIAL
RESPONSIBILTY
"The voluntary compliance of social and ecological
responsibility of companies is called Corporate Social
Responsibility (CSR),”
Corporate social responsibility is basically a concept
whereby companies decide voluntarily to contribute to a
better society and a cleaner environment. Corporate social
responsibility is represented by the contributions
undertaken by companies to society through its business
activities and its social investment. This is also to connect
the Concept of sustainable development to the company's
level.
The concept of Corporate Social Responsibility was first
mentioned 1953 in the publication ‘Social Responsibilities of
the Businessman’ by William J. Bowen, However, the term
CSR became only popular in the 1990s
ible C inies_in the jobali
How a company perceives its societal responsibility depends
on various factors such as the markets in which it operates,
its business line and its size.
Companies have explored that their impact on the economic,
social and environmental sector directly affects their
relationships with investors, employees and customers.As companies face themselves in the context of
globalization, they are increasingly aware that Corporate
Social Responsibility can be of direct economic value.
Although the prime goal of a company is to generate profits,
companies can at the same time contribute to social and
environmental objectives by integrating corporate social
responsibility as a strategic investment into their business
strategy.
How “social responsible" are Companies in reality?
Due to the lack of international CSR guidelines, the
practical application of CSR differs and CSR Strategies
within most companies still show major deficiencies. There
are still complaints about multinational companies wasting
the environment and NGOs still denouncing human rights
abuses in companies.
Critics suggest that better governmental and international
regulation and enforcement, rather than voluntary measures
are necessary to ensure that companies behave in a socially
responsible manner.
Corporate social responsibility should therefore not be seen
as a substitute to regulation concerning social rights or
environmental standards. In countries where such
regulations do not exist, efforts should focus on putting theproper regulatory framework in place on the basis of which
socially responsible practices can be developed.
Why are governments interested in CSR?
Their task is to make sure that the process of global and
economic and social change is managed properly and fairly.
Several guidelines or standards have been developed to
serve as frameworks for CSR.
The OECD Guidelines for multinational Enterprises and the
ILO - International Labour Standards form the principles
for the societal responsibility of companies and will help to
implement CSR on the international level.
CSR- Coverage
There is no unitary or binding international norm for CSR
Coverage for companies. The Organization Ceres, Investors
and Environmentalists for Sustainable Prosperity hopes for
a greater engagement - as well as more transparency in
reference to CSR.CORPORATE SOCIAL RESPONSIBILITY -
RELATED CONCEPTS
CSR generally refers to:
1, A collection of policies and practices linked to
relationship with key stakeholders, values, compliance with
legal requirements, and respect for people, communities and
the environment; and
2. The commitment of business to contribute to
sustainable development, commonly understood as
sustainable development is the ability of the current
generation to meet its needs without compromising the
ability of future generations to meet theirs.
nvi |_ protection -
Many citizens, environmental organizations and leadership
companies now define environmental responsibility as
involving a comprehensive approach to a company’s
operations, products and facilities that includes assessing
business products, processes and services; eliminating waste
and emissions; maximizing the efficiency and productivity of
all assets and resources; and minimizing practices that
might adversely affect the enjoyment of the planet's
resources by future generations.Community involvement -
It includes: community partnership, employee giving, global
community involvement, philanthropy, product and services
donations, release time, volunteerism etc.
Enterprise and economic development =
This broad concept includes: competitiveness, development
of local SMEs, entrepreneurship, community economic
development, micro finance in emerging economies etc.) The
drive of entrepreneurs in developing countries can provide
the catalyst to lift an economy onto an upward growth
spiral,
Health promotion -
Private sector business plays a dominant role as the driver
of current global economic development, and globalization is
bringing new social and economic challenges.
Human Disaster Relief -
Companies, in cooperation with public sector, civil society,
and international organizations, have played an important
role in supporting humanitarian relief operations. Due to
the rising cost, threat and complexity of the consequences
of major disasters on society, the key challenge is to 90
beyond “proactive response” and to focus on prevention
where CSR framework can help the key players to utilize
more development oriented approach.SECTION-ILNEED OF THE STUDY
The present survey can be considered very important
because of its academic and professional importance.
1)Academic_ importance
Only few empirical surveys are made on the
subjects in Indian background. So the
researcher is interested to know more about the
subject.
2)Professional importance
The researcher being a student of 1* year BBM
student, Gitam University requires some
practical training combined with classroom
theoretical teaching and to submit a dissertation
for that the researcher performed this survey
on the topic “CORPORATE SOCTAL
RESPONSIBILITY" at RAJIV GANDHI
COMBINED CYCLE POWER PROJECT, NTPC
Kayamkulam, Kerala.SCOPE OF THE STUDY
The scope of the study is very much confined to
PROJECT, NTPC Kayamkulam. Hence the topic under
study required in depth analysis of both positive and
negative aspects and is usually wide as the research
preferred to have thorough discussion about the
“CORPORATE SOCIAL RESPONSIBILITY" at NTPC
LIMITED.
The purpose of the study was:
>To determine the activities undertaken by
RGCCPP, NTPC Kayamkulam as a part of
Corporate Social Responsibility (CSR).
>To observe whether the people were satisfied
with the facilities (especially providence of free
medicines in tsunami affected areas) being
provided as a part of CSR.
The survey also offered opportunities for
respondents to provide their own ideas and
comments.