Company

LOGO

Social Welfare & CSRSocial Welfare & CSR

Presented by:

Cassandra D’souza – 03

Ruth Jacob – 09

Stephanie Godinho – 11

Charmaine D’mello – 16

Vartika Birla - 31

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Flow of the PresentationFlow of the PresentationSOCIAL WELFARE

• What is Social Welfare• Social Welfare in India• Objectives• Advantages• Disadvantages• Types of Social Welfare• Initiatives

CSR• Introduction• Why is CSR important?• Benefits• Corporate Volunteer Programme• CSR Awards• Examples

Case Study – ACC Cement

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SOCIAL WELFARESOCIAL WELFARE

• Total well being of the entire society. • Social welfare is not measurable because it involves

both objective and value judgments• It is not the same as standard of living but is more

like quality of life that includes factors such as the quality of the environment , level of crime, extent of drug abuse, availability of essential social services, as well as religious and spiritual aspects of life

• Social welfare is about how people, communities and institutions in a society take action to provide certain minimum standards and certain opportunities.

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Social Welfare in IndiaSocial Welfare in India

• The Indian government has established an extensive social welfare system.

• Minimum needs and social security programmes• There are also services for the blind, mentally

retarded, deaf and orthopedically handicapped• Programs for women include welfare grants, working

women's hostels, women's adult education, family planning & maternity care.

• Other social welfare programs cover - Emergency relief programs for natural disasters like- drought, flood, earthquake, and eradicating untouchability

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OBJECTIVES OF SOCIAL WELFAREOBJECTIVES OF SOCIAL WELFARE

• The main objectives of the social welfare is to help the needy persons to maintain the minimum standard of life by providing various services such as voluntary training to strengthen their abilities to be self dependent in the near future.

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ADVANTAGES OF SOCIAL WELFAREADVANTAGES OF SOCIAL WELFARE

• Govt takes good care of all infrastructure because of high revenue

• Universal health care

• Less competition 

• Good lifestyle while on welfare waiting for employment

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DISADVANTAGES OF SOCIAL WELFAREDISADVANTAGES OF SOCIAL WELFARE

• High taxes • Low incentive for citizens to be competitive and

innovative; ie the 'Fat Cat' syndrome. • When you are too well fed, and not 'hungry' you will

not struggle and try to improve your lot; socialists are far less competitive than capitalists. Socialists rely on others to innovate while they duplicate.

• Universal health care is incredibly draining to an economy

• Lots of welfare freeloaders who abuse the system and never attempt to look for a job7

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TYPES OF SOCIAL WELFARETYPES OF SOCIAL WELFARE

Public social welfare

Private social welfare

Federal, provincial, and municipal all of which play a role in public social welfare

Provided by non-profit and commercial firms

There are also public non-government agencies, advisory boards and appeal boards. Not only is government involved, but also parliament

Many social agencies or organizations are incorporated as non-profit companies

InitiativesInitiativesUpliftment of the Rural Poor

Environment, Ecology and Forestry

Breakthrough in Education

Women

Welfare

Children and Drug Abuse

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Initiatives…(cont)Initiatives…(cont)

Child and Mother Care

AIDS

Medical Education

Rural Health Services

Housing and Urban Development

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Introduction to CSRIntroduction to CSR

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Meaning of CSRMeaning of CSR

• Conducting business in an ethical way and in the interests of the wider community

• Responding positively to emerging societal priorities and expectations

• Balancing shareholder interests against the interests of the wider community

• Being a good citizen in the community

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DefinitionsDefinitions

• The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as that of the local community and society at large

• About how a company manages its business process to produce an overall positive impact on society.

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Why is CSR important?Why is CSR important?• Reputation of Company

• Retention of Employees

• Investors' decisions

• More visibility and better communication

• Reduce operating costs

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Benefits of CSR:Benefits of CSR:

• Human resources

• Risk management

• Brand differentiation

• License to operate

• Managing Cost

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Corporate Volunteer ProgramCorporate Volunteer Program

• Involving employees in CSR activities is emerging as a very effective management tool.

• The concept is catching fast in India.• For the employee it offers a sense of

accomplishment.• The Corporate volunteer program includes

team building

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CSR AwardsCSR Awards

• Golden Peacock environment management award

Golden Peacock award for CSR

• The Asian CSR award

• TERI Corporate environment award

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ExamplesExamples

• Baush & Lomb

• Azim Premji Foundation

Company

LOGO

Case Study: ACC LTD.Case Study: ACC LTD.

Introduction of the companyIntroduction of the company

• Established in Year 1936. Today ACC (ACC Limited) is India's foremost manufacturer of cement and concrete.

• ACC's operations are spread throughout the country with

• 16 modern cement factories• more than 40 Ready mix concrete plants• 20 sales offices, and several zonal offices.• It has a workforce of about 9,000 persons and a

countrywide distribution network of over 9,000 dealers.

CSR ACTIVITIES-HistoryCSR ACTIVITIES-History

• ACC has undertaken social volunteering practices long before even before the term corporate social responsibility came into existence.

• The earliest initiatives in community development-1940's-village on the outskirts of Mumbai-the first formal Village Welfare Scheme was launched in 1952.

CSR ACTIVITIES-TodayCSR ACTIVITIES-Today• Thematic Areas: Education, Health, Environment,

Livelihood and Waste Management.• The various CSR activities undertaken by the company are:-• Community & Rural Welfare• Education• Healthcare • HIV/AIDS treatment - Anti Retroviral Treatment Centres • Disaster Relief • Gujarat Masons’ Training• Conservation of heritage structures• Global Compact • Support to national Sport

Community & Rural WelfareCommunity & Rural Welfare

• It revolve around the under-privileged community that lives in the immediate vicinity of our cement plants.

• The range of activities begins with extending educational and medical facilities and goes on to cover vocational guidance and supporting employment-oriented and income-generation projects.

• Like agriculture, animal husbandry, cottage industries by developing local skills, using local raw materials and helping create marketing outlets.

EducationEducation• ACC opened up schools for the children in rural

area.• ACC schools maintain high standards and are

open to other children of the vicinity.• Often these schools are the most preferred

centers of learning in the district and adjoining areas.

• Wherever possible, ACC provides funds and infrastructure to help set up local schools, colleges and centers for learning and education.

HealthcareHealthcare• ACC provides various forms of medical

assistance to the families of our employees and also to all those living in surrounding villages.

• Each factory has a medical center with full-fledged doctors and the latest of basic equipment.

• Mobile medical services are provided in the vicinity and regular medical camps are held to eradicate diseases, offer medical help, treatment and preventive care.

HIV/AIDS treatment - Anti Retroviral Treatment Centres

HIV/AIDS treatment - Anti Retroviral Treatment Centres

• In close consultation with the Confederation of Indian Industry (CII), ACC decided participated in the national effort to eradicate the HIV/AIDS virus.

• Set up an Anti Retroviral Treatment Centre for HIV/AIDS treatment(WADI Art centre) in Wadi in the state of Karnataka where they have the largest of our cement plants.

• Karnataka also happens to be a state where the virus is highly prevalent.

Disaster Relief Disaster Relief

• ACC and its employees make timely contribution to help in any national disaster both at the corporate level, by local units and employees.

• Apart from the Kargil cause, collective contributions by way of cash, food and clothing has been sent to help victims of calamities such as the Latur earthquake, Himachal Pradesh floods, Orissa cyclone, Gujarat earthquake, Tsunami and floods in Maharashtra.

Conservation of heritage structuresConservation of heritage structures

• The historic Vijayraghavgarh fort in Madhya Pradesh was recently restored under ACC’s patronage.

• This is not a core business of the company but an act of corporate volunteering by way of sharing knowledge and expertise.

Global Compact Global Compact

• ACC Limited is a signatory to the United Nations Global Compact. They are committed to the ten principles of the Compact which foster better corporate responsibility in the areas of human rights, labour, environment and anti-corruption.

Support to national Sport Support to national Sport

• ACC joined hands with the Confederation of Indian Industry to sponsor India’s National Boxing team at the Athens Olympics in 2004 and the Commonwealth Games.

• ACC also sponsors and supports other sports at National, regional and local levels such as inter-regional Badminton championships, youth soccer and Rural Sports Meets.

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ReferencesReferences

• http://www.law.com/jsp/cc/PubArticleCC.jsp?id=1202423730339

• www.csrandmanagement.eu/rse-avantages-en.php

• http://en.wikipedia.org/wiki/Corporate_social_responsibility

• http://www.myefficientplanet.com/tag/disadvantages-of-corporate-social-responsibility/