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Corporate Social Responsibility Issues

Business of business is to do business . CSR. 350 possible definitions!!. Some Definitions

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Corporate Social Responsibility Issues

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    1. Corporate Social Responsibility Issues Site Visit C Working Groups 5 & 6 Raipur & Korba – Chattisgarh, India

    2. Business of business is to do business

    3. CSR 350 possible definitions!!

    4. Some Definitions… Corporate governance should be recognized as set of standards, which aims to improve a company’s image, efficiency, effectiveness and social responsibility- Nigel Kendall “….operating in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business….”Business for social responsibility. CSR is a new terminology, but its hardly a new concept. As in third century BC, Kautilya’s has dealt with the management of people and power commerce and taxations, standardization of weights and measures, and more peace.

    5. Concepts & Methodology There are 3 levels of CSR : Level 1 : Compliance Level 2 : Philanthropy/Green wash Level 3 : - Innovations - Key business strategy - Leapfrog Based on : John Elkington & Stuart Hart, et al.

    6. CSR Level 1: Key Question : The least industry can do beyond compliance Polluter pays principle

    7. CSR Level 1

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