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PRESENTED TO:

DR.PRAGYA SINGH
Corporate Social Responsibility (CSR)
• The United Nations Industries Development Organization Defines-
“CSR as a management concept whereby companies integrate social and
environmental concerns in their business operations and interactions with
their stakeholders.
CSR is balanced approach for organization to
address economic, social and environmental
issues in a way that aims to benefit,
communities and societies.
Social
• Human Rights.
• Workplace Issues.
• Organizational Governance.
• Environmental Aspects.
Environmental Economic
• Market and Consumer issues.
• Social Development.
INNOVATION

EMPLOYEE Long-Term
ENGAGEMENT Importance of Thinking
CSR

CUSTOMER BRAND
ENGAGEMENT DIFFERENTIATION
SOCIAL RESPONSIBILITIES OF THE BUSINESS
TOWARDS VARIOUS STAKEHOLDERS

RESPONSIBILITY TOWARDS EMPLOYEES:-

• Provide job to employees.


• Clean, safe working environment.
• Discrimination free.
• Proper training, promotion and fair wages.
RESPONSIBILITY TOWARDS CUSTOMERS:-

• To be honest.
• Produce Quality goods.
• Easy availability of products.
• Practice ethical business standards.
• Prompt after sales service.
• Consumer preferences.
• Provide full information about the products.
RESPONSIBILITY TO SOCIETY:-

• Civic and educational facilities.

RESPONSIBILITY TO SHAREHOLDERS:-

• Correct information about company.


• Proper dividends distribution.
• Give full disclosure in the published statements. (Acc. to companies act 1956)
RESPONSIBILITY TO ENVIRONMENT:
• Preservation of Natural Resources.

• Pollution Control.
RESPONSIBILITY TO GOVERNMENT:

• Legal requirements.
• Taxes.
• Suggest measures.
APPLICABILITY
• The provisions of CSR applies to:
• Every company, its holding company, it’s
subsidiary company,
Foreign company, having in the preceding
financial year:
• Net worth > 500 crore
• Turnover > 1000 crore
• Net profit > 5 crore
MORAL RESPONSIBILITY OF THE ENTERPRISE

SAFE & HEALTHY PROMPT PAYMENT


WORKPLACE OF EMPLYOEES

TREATMENT OF CO- FAIL TREATMENT OF


WORKERS EMPLOYEES
CONCLUSION

• The future generations would be able to follow CSR more easily as there would be
standardization of processes and practices. The concept of CSR would continue to evolve
as long as industry and business would continue to participate in the economic growth
nationally and globally. When businesses are environmentally friendly , support local
companies and provide positive working conditions , then evidence suggest that this
improves profitability and encourages outside investment .

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