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8/9/2019 Csr 10
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Presented byParul Arora10811613r1809a04
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` CSR basically is a set of (no benchmarks yetavailable) duties and responsibilities a businessentity should fulfill toward the society
` it as a long term brand building and marketinginvestment with impeccable positive brand equityand gains it provides to the business entity.
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` Increased sales and market share
` Strengthened brand positioning
` Enhanced corporate image
` Increased ability to attract, motivate, and retainemployees
` Decreased operating costs
` Increased appeal to investors and financial
analysts
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` Building awareness and concern about a cause bypresenting motivating statistics, facts, and real storiesabout those who have been helped or by presentingeducational information
` Persuading people to find out more about the cause by
visiting a special web site or by requesting an informationbrochure
` Persuading people to donate their time to help those inneed
` Persuading people to donate moneythat will benefit acause ($5 gift card at the grocery store check out line)
` Persuading people to donate non-monetary resources,such as unwanted cell phones and used clothing
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` This may include focus meetings withstockholders, consumers, and employees. For ashort term need of six months, contracting Social
Response Network is an economically soundstrategy as opposed to creating a department oradding a full time salaried employee.
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` social Response Network is partnered withDynamic Results Media, a broadcast advertisingagency with over 30 years of documented
success. Production, actors, scripts, musicallogos, broadcast scheduling, and electroniccommunications are offered by Dynamic ResultsMedia.
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` Karmayog 2008 CSR Rating: 3/5
Sales (2007-2008) = Rs.14000 crores (rounded off)Net profit after tax = Rs.2000 crores (rounded off)
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` Greening Barriers : WaterConservation andHarvesting
` a. to reduce water consumption in its ownoperations and regenerate sub-soil water tables atits own sites through the principles of 5R -Reduce, Reuse, Recycle, Recover and Renew;
` b. help adjacent villages to implement appropriatemodels of watershed development.
`
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` Reduce business risk
` Identify opportunity for business development andinnovation
` Attract and retain high caliber employee
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` Sales (2007-2008) = Rs.14000 crores (roundedoff)
` Net profit after tax = Rs.3000 crores (rounded off)
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` Karmayog 2008 CSR Rating: 0/ 5
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` ITC's rural development initiatives embrace severalcritical areas:Web-enablement of the Indian farmer to help himaccess relevant knowledge and services to enhancefarm productivity
Through the e-Choupal initiative, ITC aims to conferthe power of expert knowledge on even the smallest
individual farmer. Thus enhancing his competitivenessin the global market.
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` ITC has been Carbon Positive three years in a row(sequestering/storing twice the amount ofCO2 thanthe Company emits).
`
W
ater Positive six years in a row (creating threetimes more Rainwater Harvesting potential than ITC'snet consumption).
` Close to 100% solid waste recycling.
` All Environment, Health and Safety ManagementSystems in ITC conform to the best internationalstandards.
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` ITC's businesses generate livelihoods for over 5 million people.
` ITC's globally recognised e-Choupal initiative is the world's largest rural digitalinfrastructure benefiting over 4 million farming families.
` ITC's Social and Farm Forestry initiative has greened over 80,000 hectarescreating an estimated 35 million person days of employment among thedisadvantaged.
` ITC's Watershed Development Initiative brings precious water to nearly 35,000hectares of drylands and moisture-stressed areas.
` ITC's Sustainable Community Development initiatives include women
empowerment, supplementary education, integrated animal husbandryprogrammes.
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` Save money and protect reputation by focusing onmanaging business effectively at the outset
` Demonstrate high standard of govt. to stakeholder
whose opinion and action can have an impact onour business
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` To outsmart other very smart competitors
` To gain customers trust
` To market the product and/or service
` And most importantly, for satisfying the mostbasic Indian urge
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` Following implementation, ourCSR policies aremonitored and reviewed in order to continuouslyimprove our approach to CSR strategy andperformance.
` Develop strategies and policies
` Implement
` Measure and monitor
` Report
` Seek internal and external feedback` Identify risks and opportunities
` Review approach and performance
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