Bangabandhu Sheikh Mujibur Rahman Science

and
Technology University, Gopalgonj-8100

Assignment On: CSR practices in Bangladesh by

different industrial sectors
Course Title: Corporate Social Responsibility
Course Code: MGT301

Submitted By: Submitted To:

Name: Md Saim Md. Rakibul Islam
ID: 17MGTO58
Dept. of Management Studies
Assistant Professor
Year: 3rd Dept. Of Management Studies
Semester: 1st
Session: 2017-2018

Date of Submit: 27-07-2021

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 Table of Contents

Seral Number Type Page

01 INTRODUCTION 03

02 DEFINITION OF CSR 03

03 OBJECTIVES OF CSR: 03

04 CSR IN BANGLADESH: 04

05 CSR PRACTICE IN BANKING SECTOR: 04

06 CSR Dutch Bangla Bank: 04-05

07 CSR practice in Garments 05

08 CSR in Unilever Bangladesh 05

09 CSR in square pharmaceuticals Ltd 06

10 CSR in Robi Axiata Ltd. 06

11 CSR in Grameenphone- 06

12 CONCLUSION: 07

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INTRODUCTION:

CSR would be impelling to derive a meaning of the concept with the dissection of each of the
words. CSR is not a difficult concept and can be defined as:
 Corporate - means organized business;
 Social - means everything dealing with people, the society at large;
 Responsibility - means accountability between the two.
Corporate social responsibility is a company’s commitment to manage the social, environmental
and economic effects of its operations responsibly and in line with public expectations. today
CSR is not about philanthropy or charitable work. It refers to something more fundamental. It is
about how companies take responsibility for their actions in the world at large. Nowadays
corporate social responsibility is very crucial for every organization. Because corporate social
responsibility playing a vast role in the industry for improving industry quality. Corporate social
responsibility using to the belief that businesses have an obligation to society beyond their
commitments to their stockholders or investors ‘for that every organization trying to use
corporate social responsibility. By the corporate social responsibility, we Are getting lots of
facilities for the society. And also, we are getting satisfaction from the CSR. So that Corporate
social responsibility is energetic for society, business, people, and also organization.

DEFINITION OF CSR:

Corporate social responsibility (CSR) means the self-imposed responsibility of companies to

society in areas such as the environment, the economy, employee well-being, and competition
ethics. Many companies use internal CSR regulation as a form of moral compass to positively
influence the ethical development of their business. Positive corporate social responsibility can
also offer economic benefits. CSR is concerned with the relationship between a corporation and
the local society in which it resides or operates. Another definition is concerned with the
relationship between a corporation and its stakeholders. If Any company operate the CSR of all
purposes responsibly and morally as well this improves their public image.

OBJECTIVES OF CSR:

Nowadays every organization are connected within the corporate social responsibility for getting
benefits or objective. Basic objectives of CSR are to maximize the company’s first to last impact
on the society and stakeholders. Some objective for business getting from CSR such as,

 Better reputation.
 Builds customer loyalty.
 Increase employee engagement.
 Risk mitigation.
 Employee’s motivation

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CSR IN BANGLADESH:

To enhance the know-how and application of company and revolutionary leadership

inside the geared up made garment sector in Bangladesh, to sell socio-economic
development through using ideal corporate social responsibility, environmental safety are
also the usage of corporate social responsibility. By using using corporate social
responsibility we are understanding that the present circumstance of the environment
additionally knowing that a way to manipulate the surroundings from hard conditions,
worldwide compliance, and identical participation of women in mid and top-degree
positions within the sector. Additionally, stepped forward social culture, social
development, personal improvement of the people inside the society. Inside the present
time company social responsibility gambling a vast function in any types of sectors &
groups the corporate social responsibility increasing excellent within the different sectors
in a exceptional way. Our financial condition is extended to the usage of ideal CSR in the
country. So, we're pronouncing that our knowledge our education our way of life
additionally things are multiplied via the the usage of CSR of the country. So corporate
social responsibility is known as the backbone for any country like Bangladesh.

CSR PRACTICE IN BANKING SECTOR:

In the banking sector, CSR means to regain or surely preserve, customers' trust, it's far more
crucial than ever for network banks to engage the public via corporate social responsibility
initiatives (CSR) and philanthropy efforts. The financial institution measures the
environmental effect of tasks within the loan approval process and there are no permitted
environmental initiatives that might be harmful to the environment. In the present time
corporate social responsibility playing important role in the banking sector. The vast amount
of people involved in this activity and it’s also providing effort in the society and also the
country. Corporate Social Responsibility is spreading very rapidly in all of the effective
sectors of Bangladesh. Corporate Social Responsibility is to contribute towards society
while working within ethics. In developing countries like Bangladesh and also increase the
sector of the bank, the banking sector plays a very important role in upgrading the economy
of the country not only by lending money or increasing the liquidity in the country but also
by imposing a new practice called corporate social responsibility. So, we can be saying that
Corporate social responsibility is the backbone for the banking sectors to improve the
quality and increasing liquidity of the bank over the country.

Corporate social responsibility of Dutch Bangla Bank: -

•Education: - Dutch Bangla Bank provides a lot of scholarships to underprivileged students

for their education. It has given support to many students for higher education.

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•Environmental development: - To develop the environment of BD it has taken three
plantation programs across the country.

•Social development: - It has taken some necessary steps against Dowry and drugs which
are the curse of Bangladesh.

Corporate social responsibility practice in Garments

The garments sector is known as the founder of our country. Because enormous amount of cash
gathered from this sector in each year. The garments sector is crucial for our government and
country of a to growth Economic conditions. And In the present time garments, Sectors are very
effective by using corporate social responsibility. By including corporate Social responsibility
activists our garment sector getting more quality and perform from the previous time. And also,
the owners of the sector, they are getting the ability to providing support to the society for
improving society condition. Corporate social responsibility playing a vital role in the garments
sector. And It’s also providing support for getting more finance from the previous time. And
using corporate social responsibility, our sector getting more image from the previous time. And
also economic conditions getting equality by the using of corporate social responsibility. So we
can say that corporate social responsibility playing an energetic effect on the garment sector.

Corporate social responsibility practice in Unilever Bangladesh

Unilever Bangladesh Ltd (UBL) would perform CSR as Lever Brothers Bangladesh in the past
keeping focus on Health-nutrition hygiene, Education, and Women Empowerment. They
launched „ Lifebuoy Friendship Hospital‟ in 2002 and in 2006, they sponsored two months
nursing training program with Ma O Shisha General Hospital in Chittagong. They observed
different environment days like Pepsodent-Bangladesh Dental Society Oral Health Day‟ and
„Global Hand Washing Day‟.

Public health- Unilever Bangladesh Limited implements many programs on public health.
They’ve already have taken initiative for a free dental check-up. They create consciousness
among the rural people about health by their many activities.

Arts and cultural development In Bangladesh for cultural development, Unilever

Bangladesh limited has done many things giving sponsor to many cultural organizations.

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Corporate social responsibility practice in square pharmaceuticals
Ltd

SQUARE pharmaceuticals Ltd recognizes that progressive labour policies are good
business practices, especially for a company like us that has global ambition. They
follow laws and encourage work environment that welcomes diversity and also
follow non-discrimination & fair treatment policy both in the recruitment &
selection process and performance management system. They have Trade Union &
HR policies have been continuously up-to-dated as per existing labour law of the
country. They do not allow any female employees during night shift operations &
strictly prohibit any form of forced labour. That actively pursue the policy of No
child labour in SQUARE.

Corporate social responsibility practice in Robi Axiata Ltd.

Sustho Nari o sustho poribar-

Robi stood beside the underprivileged women of Bangladesh with its long yearlong health
camp- “Sustho Nari o sustho poribar” Here Robi provides free medical treatment, consultancy
and free medicine among the women.

Robi Red crescent society Blood donation camp-

As part of its CSR program, robi, in collaboration with Bangladesh red crescent society
organized blood donation camp in the city recently.

Computer training program

Computer training program facilitate by robi employees to 72 colleges in 64 districts. 1500
student received the training.62 more training program yet to be held.

Corporate social responsibility practice in Grameenphone-

Safe motherhood and infant care project
Grameenphone safe Motherhood and Infant care project is thus designed to ensure free yet
quality, safe motherhood and infant care services to poor mothers and their infants throughout
the country.
Education
IN collaboration with Grameen Shikkha, an organization of the Grameen Bank family,
Grameenphone provides scholarship to some low Bright but underprivileged students to different
academic level through a scholarship fund annually.
CONCLUSION:

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 The conclusion of this research is that CSR is no longer exclusive a developed country
phenomenon. it now recognized that poverty reduction and sustainable development will not
be achieved through government action alone. A focus on CSR in Bangladesh would be
useful, not only for improving corporate governance, labor rights, work place safety, fair
treatment of workers community development and environment management, but also for
industrialization and ensuring global market access. Corporate social responsibility impact into
the all types of business such as include labour standards, maintain human rights, increasing
education, build well health, reduce child labour, property reduction, reduce conflicts and
environmental effect. For Global competitiveness and demand should be maintain the CSR
practices and standards are being implemented in Bangladesh.
At last, CSR practices should be better practiced in Bangladesh for better and raised the
performance for the country.

REFERENCE:

https://www.grameenphone.com/
http://www.squarepharma.com.bd/corporate-social-responsibility.php
Researcher-Rumana Sobhan Porag -Safety and Rights Society (Date of Publication January,
2014)
https://www.robi.com.bd/en/corporate/sustainability/robi-corporate-responsibility
Ishita Roy, Amit Kumar Sarker Bangabandhu Sheikh Mujibur Rahman Science & Technology University, Gopalganj,
Bangladesh Swapna Chowdhury University of Development Alternative, Dhaka, Bangladesh (Economics World,
July-Aug. 2017, Vol. 5, No. 4, 322-332 doi: 10.17265/2328-7144/2017.04.005)

REED CONSULTING BD LTD (Published by : Child Rights Governance (CRG))