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CORPORATE SOCIAL RESPONSIBILITY
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Internal Stakeholders
CorporateGovernance
AnalyticalPerspective
Board
Employees
MajorityShareholders
MinorityShareholders
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External Business
Stakeholders
CorporateGovernance
AnalyticalPerspective
Suppliers
Customers
Creditors
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External non-Business
Stakeholders
CorporateGovernance
AnalyticalPerspective
Society
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Stakeholders
3600
CorporateGovernance
AnalyticalPerspective
Board
Employees
MajorityShareholders
MinorityShareholders
Society
Suppliers
Customers
Creditors
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External CSR Programmes Education
Community
Economic development
Environment
Civic, public affairs
Health, social service Culture, arts
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CSR: Business Issues Healthcare to employees
Privacy, data security
Political involvement of companies Healthier & safe products
Workplace conditions, human rights
Job losses from offshoring
Ethical marketing
Affordable products for the mass
Environmental issues
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CSR in India External:
Community development
Environmental management Internal
Workplace
Safety
Employee well being
Product re-engineering to conserve resources
Gender equality
Ethical trade
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Global Compact UN initiative to bring companies together with UN
agencies to support areas of Human Rights,Labour and Environment
Launched on 26th July 2000 Global Compact is a voluntary corporate citizenship
initiative with two objectives: Mainstream the ten principles in business activities
around the world Catalyse actions in support of UN goals
UN agencies involved: UNEP, ILO, UNIDO, UNDPand Office of High Commission of Human Rights
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Global Compact Ten Principles:
Human Rights: Principle1: Support and respect human rights
Principle2: Do not participate in human rights abuse
Labour Standards: Principle3: Upheld freedom of association and recognise right to
collective bargaining
Principle4: Eliminate forced and compulsory labour
Principle5: Effective abolition of child labour
Principle6: Eliminate discrimination employment & occupation
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Global Compact Ten Principles:
Environment: Principle7: Support a precautionary approach to environmental
challenges
Principle8: Promote greater environmental responsibility
Principle9: Encourage development and diffusion of environmentalfriendly technologies
Corruption: Principle10: Businesses should work against all forms of corruption
including extortion and bribary
3873 companies worldwide participate in Global Compact From India: 120 companies ATLAS Cycles quantitative reports
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External CSR: Examples NEC:
Wild Bird Society of Japan (Monitor annual wild crane
migration and wetland monitoring programmes in China,Korea, India, Mongolia and Russia)
Johnson & Johnson:
World Wide Fund for Nature (Assessment of trade in
rhino and tiger body parts)
Glaxo Wellcome:
University of Istanbul (Forest conservation and plant identification
in Turkey)
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Internal CSR: Examples Atlas Cycles
Effluent treatment:
0.6% of product cost
Zero discharge
Air pollution from furnaces eliminated
Noise level reduced by 30db
To augment photo-synthesis, 2000 trees planted within factory premisis (28
acres)
Rain harvesting achieves 70% conservation
NTPC:
Gender equality: Paternal leave
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Inclusive CSR: Examples Hindustan Sanitaryware:
Reduced flushing WCs is estimated to save 2 billion litres
of water ITC:
e-Chaupal
Social forestry (Bhadrachalam)
APCFM (Andhra Pradesh Community Forest
Management) linkage to make sticks for agarbattis
MICO and TVS:
ITI trainees
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ISR: Individual Social Responsibility
Constant attention to attainable goals
Daily and disciplined practice of effort which is
known to lead to these goals Patience, good humour and wothwhile human
values
Love, loyalty and friendship
Loving and supportive self-criticism of ourselves,
our families and work teams
Ref: Napoleon Hill