1 Welcome to the presentation Organizational Behavior Southern University Bangladesh

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Welcome to the presentation

Organizational Behavior

Southern University Bangladesh

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Presenting Topic

Corporate social responsibilities on BSRM

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Presented by


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Group Members


1. Jasim Uddin 111-34-632. Md. Monir Hossain 111-34-493. Md. Kamrul Hasan 111-34-184. Shahid Bin Islam 111-34-385. Sanjida Shahnaz 111-34-366. Subashis Bhattacharze111-34-037. Robiul Alam 111-34-538. Sabrina Sharmin 111-34-149. Shahadat Hossen 111-34-2610. Sabiha Mahmud 111-34-48

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Presented toRezaul Karim

Senior lecturerDepartment of Business Administration



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Introduction

This paper provides an overview of the literature about Corporate Social Responsibility (CSR), and presents some of the key debates in this area. After considering how CSR might be defined, the paper provides context for the debate by outlining social, economic and political factors driving the development and implementation of CSR.

Southern University BangladeshSouthern University Bangladesh

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Literature review


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What is CSR?

The European Commission defines CSR as, ”A concept whereby companies integrate social and environmental concerns in their business operations and in their interactions with their stakeholders on a voluntary basis”.

Similarly, the Chartered Institute of Personnel and Development (CIPD) considers CSR to involve corporations taking responsibility for their “Impact economically, socially, environmentally and in terms of human rights"


Corporate Social responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large.

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European observations:

Promoting corporate social responsibility in European industrial sectors gear business work. The key issues of corporate social responsibility vary from company to company. Because of this variety, the European Commission supports different CSR initiatives in specific industrial sectors which are shown in next slide:


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The European Commission supports The European Commission supports different CSR initiatives in specific industrial different CSR initiatives in specific industrial

sectorssectors

Chemical, Construction, Pharmaceutical, Textile.


Industrial sectors:-

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Construction Sector The "Building Responsible Competitiveness" project, lead by

“Impronta Etica” shows how corporate social responsibility (CSR) can drive competitiveness in the construction industry.

One of the key project outputs is the set of guidelines for CSR in theconstruction sector .The guidelines offer an in-depth analysis of the benefits ofintegrating CSR principles in day-to-day business and practical advicein four thematic areas:

* health and safety * eco-compatibility * supply chain management * equal opportunities.


Above all of the key-qualities of CSR are exist in BSRM, let us discuss about the CSR on BSRM :-

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Bangladesh Steel re-rolling Mills Ltd.<<<< BSRM.


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History of BSRM

1952…the year of the historic language movement and the birth of a

star………BSRM.


It was the year two intrepid businessmen Taher Ali Africawala & Akber Ali Africawala ventured to put up the first steel rolling mill of the country in Nasirabad, Chittagong.

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BSRM Group aspire to . . . –Maintain our leadership position in the steel industry by producing the best quality steel products, continuously enhancing customer satisfaction and becoming a reliable business partner of our customers and suppliers.

–Be an employer of choice, nurturing talent and developing future leaders of the organization.

–Protect the interest of our shareholders through sustainable growth and value creation. –Persevere the trust of all our stakeholders by adopting ethical business practices.

–Support the society through Corporate Social Responsibility initiatives.

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Development of BSRM over the year


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BSRM vision & values Sustainable growth Quality Corporate Social-responsibility

Reliability Trust Leadership Customer satisfaction


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Every company has some responsibility to the society because the aim is not only making profit but also have to do something which is needed for the betterment to the society.

From the view point of corporate social responsibility (CSR) as a steel company (constructive sector) BSRM has also done few but fantastic jobs to attract the mass people of the country.


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Few social-activities which Few social-activities which attract the mass people attract the mass people

are the followings:-are the followings:-

Shomoyer cheye jiboner mullo onek beshi


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Shikkah jatir Shikkah jatir merudondomerudondo

BSRM helps to BSRM helps to know the value of know the value of

education:education:


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BSRM inspires to send BSRM inspires to send Childs to the school:-Childs to the school:-

Apner sontan k skul a pathan


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BSRM helps to BSRM helps to conscious about conscious about the smoking & the smoking &

drug:drug:

Dumpan saster jonno khotikor

Nesha k na bolun


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BSRM adds help to consciousabout the traffic law.If we obey then we can reduce Road accident. In this sense BSRM doing a lots to the society.


2323 Southern University Bangladesh

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BSRM’s outlook about CSR Consumption: The revision of the Sustainable consumption and

production action plan may provide an opportunity to identify new measures to facilitate more responsible consumption practices.

Public procurement: In its review of the Public Procurement Directives, the BSRM intends to facilitate the better integration of social and environmental considerations into public procurement.

Investment: The BSRM consider a requirement on all investments to inform their clients about ant ethical or responsible investment criteria they apply.

That means BSRM tiring to interact mass people with their achievements.


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Why BSRM follows CSR?

The initiative demonstrates CSR as it goes beyond compliance and is a voluntary response, albeit enlightened self interest as it is seeking the long term security of natural resources that contribute to the protection of the business and its brands BSRM.


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BSRM puts forward new policy for covering several areas:

Enhancing the visibility of CSR and disseminating good practices

Improving and tracking levels of trust in business Improving self- and co-regulation processes Enhancing market reward for CSR Improving company disclosure of social and

environmental information Further integrating CSR into education, training and

research


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At last we understand that the nature of CSR can be related to different notions of the role and nature of corporations or firms and their relationship to society.


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Conclusion

It seems clear that the task of implementing CSR is complex, and that the contested nature of the concept raises difficult questions. Not only are businesses required to be responsive to current concerns, but they must also balance present requirements with future demands and issues, as well as balancing local and global concerns.


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Reference

European multi-stakeholder forum on CSR, 2004: 3 CIPD website http://www.nottingham.ac.uk http://www.dti.gov.uk ALSTON, P. (ed.) (2005) non-state actors and human

rights. Oxford: Oxford University http://www.un.org/overview/rights www.unglobalcompact.org And so on.


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Thank Thank youyou

Thank Thank youyou

Documents

1 Welcome to the presentation Organizational Behavior Southern University Bangladesh