Social Responsibility Framework

Introduction
“Corporate social responsibility (CSR) is extremely vital in todays
globalized World to be considered as an Excellent Organization.
Furthermore, CSR understanding can develop in competitive
opportunities
“…today, CSR goes beyond the old philanthropy… responsibility that
companies accept for the environment around them, for the best
working practices, for their engagement in their local communities
and for their recognition that brand names depend not only on
quality, price and uniqueness but on how, cumulatively, they interact
with companies’ workforce, community and environment.
Definitions

“Social responsibility is the obligation of decision makers

to take action, which protect and improve the welfare of
society as whole along with their own interest”

“… a new managerial model centered on the voluntary

integration on economics, social and environmental
responsibilities into entire value chain and all over
company functions throughout stakeholder networks
that aim to achieve sustainable objectives…”
Global nature of Social Responsibilities
Benefits of CSR Corporate Social Responsibility
Legislative Framework

Winning new
s
fi t

businesses
ne

Increase in Enhanced
Be

Relationship with
customer retention
stakeholders

Saving money Attracting,

on energy and
operating cost
Benefits Retaining and
Maintaining a happy

of CSR workforce

Differentiating
yourself from the
Media interest
competitor
and good

ts
reputation
Enhancing your

fi
ne
influence in the Access to funding

Be
industry opportunities
 Framework Value
Sustainability &
of CSR Innovation

Risk
Management
Legal or Compliance

Philanthropy (

Funding or Skills

Ethical
(Expected)

Legal
(Required) Laws and Regulations

)
Economic
(Required)
Thank you!