Last post September 28, 2020 09:48 AM by Blueplate. 1 repiles.
Different organisations have framed different definitions - although there is considerable common ground between them. My own definition is that CSR is about how companies manage the business processes to produce an overall positive impact on society. "A concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis".
Social Responsibility widely known CSR can be termed and perceived by different firms as per their adaptation. Some of other forms of CSR are Corporate Citizenship, Responsible Business, Sustainable Responsible Business (SRB), or Corporate Social Performance
CSR is about how companies manage the business processes to produce an overall positive impact on society.
FACTORS ASSOCIATED WITH CSR
WHY IT IS AN IMPPORTANT TASK FOR ORGANIZATION NOW A DAYS
In general Every Business House activities and Interests were directly or indirectly associated with society/environment in which it operated. Being the part of a society it is foremost duty to Firm owners to build a positive impact about their business to People, Government and Stake Holders as the firms gained profit through them. It can also consider as Business Ethics which every Business Firm to be adopt or pledge for following.
By adopting this company can acquire good brand image among people and stake holders and can spread their activities to maxim extent with our any new promotions.
CSR means providing support to the society. Corporates feel that helping society is the prime responsibility apart from their business. Now a days corporates are committed to help the society by taking various initiatives like " Increasing the awareness on Clean and Green Environment", helping Poor , creating awareness on Healthy Life by participating in 10K run etc...