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Corporate Social Responsibility

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Page 1: Corporate Social Responsibility
Page 2: Corporate Social Responsibility

From the idea of Corporate Governance

and business ethics flows the concept of

Social Responsibility.

As a famous saying goes,

“With great power comes great

responsibility.”

Page 3: Corporate Social Responsibility

Social Responsibility

What great people have to say..

Page 4: Corporate Social Responsibility

“When the wind blows there are those who

build walls and there are those who build

windmills.”

Page 5: Corporate Social Responsibility

“Corporate Social Responsibility is

operating a business in a manner which

meets or exists the ethical, legal,

commercial and public expectations that a

society has from business.”

US – UK Tradition

Page 6: Corporate Social Responsibility

“Corporate Social Responsibility is thecontinuing commitment by business tobehave ethically and contribute to theeconomic development while improvingthe quality of life of the workforce and theirfamilies as well as of the local communityand the society at large.”

- The world business council for Sustainable Development in 2004

Page 7: Corporate Social Responsibility

To create wealth

To generate employment

To provide environment in which business

can sustain and prosper

Role of business is supplementary and

complimentary

Page 8: Corporate Social Responsibility

CSR is behavior by businesses over and above legal requirements.

CSR is intrinsically linked to the concept of sustainable development.

CSR is not an optional “add-on” to business core activities but about the way businesses are managed.

Page 9: Corporate Social Responsibility
Page 10: Corporate Social Responsibility

1. People (Human Capital)

2. Planet (Natural Capital)

3. Profit

Page 11: Corporate Social Responsibility
Page 12: Corporate Social Responsibility

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