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Business of business is to do business . CSR. 350 possible definitions!!. Some Definitions
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1. Corporate Social ResponsibilityIssues 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 compliancePolluter pays principle
7. CSR Level 1