Presented To: DR - Pragya Singh
Presented To: DR - Pragya Singh
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
• 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:-
RESPONSIBILITY TO SHAREHOLDERS:-
• 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
• 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 .