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“Business should not only be

responsible morally to the


stakeholders but also to the society,
environment and towards
sustainable planet at large.” –
Anonymous
SOCIAL RESPONSIBILITY

An ethical framework and suggests that an entity, be it


an organization or individual, has an obligation to act for the benefit of society
at large. Social responsibility is a duty every individual has to perform so as to
maintain a balance between the economy and the ecosystems.
CORPORATE SOCIAL
RESPONSIBILITY

 CSR is a form of corporate self-regulation integrated


into a business model.
CSR is about how companies manage the business
processes to produce an overall positive impact on the
society.
FOUR DIMENSIONS OF CSR

Economic Responsibilities – company’s first


responsibility is its economic responsibility -- that is to
say, a company needs to be primarily concerned with
turning a profit.
Legal Responsibilities – company’s legal responsibilities
are the requirements that are placed on it by the law. Next
to ensuring that company is profitable, ensuring that it
obeys all laws is the most important responsibility,
according to the theory of corporate social responsibility.
FOUR DIMENSIONS OF CSR

Ethical Responsibilities – ethical responsibilities are


responsibilities that a company puts on itself because its
owners believe it's the right thing to do -- not because
they have an obligation to do so. Ethical responsibilities
could include being environmentally friendly, paying
fair wages or refusing to do business with oppressive
countries, for example.
FOUR DIMENSIONS OF CSR

Philanthropic responsibilities – are responsibilities


that go above and beyond what is simply required or
what the company believes is right. They involve
making an effort to benefit society -- for example, by
donating services to community organizations, engaging
in projects to aid the environment or donating money to
charitable causes.
WHY SOCIAL RESPONSIBILITY IS
IMPORTANT TO THE BUSINESS?

Social responsibility is important to a business because


it demonstrates to both consumers and the media that
the company takes an interest in wider social issues that
have no direct impact on profit margins. These issues
may be local, national or global, but a concern for the
health and wellness of others that does not involve sales
can be seen as commendable if done well.
CSR CATEGORIES

Environmental efforts

One primary focus of corporate social responsibility is the


environment. Businesses regardless of size have a large carbon
footprint. Any steps they can take to reduce those footprints are
considered both good for the company and society as a whole.
CSR CATEGORIES

Philanthropy

Businesses also practice social responsibility by donating to


national and local charities. Businesses have a lot of resources
that can benefit charities and local community programs.
CSR CATEGORIES

Ethical labor practices

By treating employees fairly and ethically, companies can also


demonstrate their corporate social responsibility.
CSR CATEGORIES

Volunteering

Attending volunteer events says a lot about a company's


sincerity. By doing good deeds without expecting anything in
return, companies are able to express their concern for specific
issues and support for certain organizations.
“Ethical labor and volunteering are no-brainers – consumers and
partners want to hear that a business is building something more
than just revenues. Even modest steps such as 'open door days'
can be a great way to build links to your community and reflect
that you aim to make valuable, long term impact,”

- Richard Stevenson, head of corporate communications at


ecommerce platform ePages.com
BENEFITS OF CSR

• Increase employee loyalty and retention

• Increase quality of products and services

• Increased customer loyalty

• Increased reputation and brand image

• Greater productivity and loyalty


Business should not only be responsible
morally to the stakeholders but also to the
society, environment, and towards a
sustainable planet at large.
TEES AND THINGS APPAREL CO/ TAKES
PART ON SOCIAL RESPONSIBILITY!
We get up every day, we are able to eat
breakfast, and most of all we are able to go to
school and feel good. It pains us to see some
children that goes to school empty-handed and
with hungry stomach.

- TEES AND THINGS APPAREL CO.


THANK YOU!!!

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