What is corporate socialresponsibility?A firm’s sense of responsibility towards the community andenvironment (both ecological & social)
Key Issues Air pollution Noise pollution Wastage of toxic Chemical Stop production of Plastic bags Production of Plastic bags Effects of Oil Spills Cell Phone Towers Leather Products Manufacturing Ozone Layer effect
Business should follow theseprinciples Ethical ResponsibilitiesBe ethical obligation to do what is right & fair avoid harm. Legal ResponsibilitiesObey the lawLaw is Societies codification of right & wrong Economics ResponsibilitiesBe profitable the foundation up which all others rest
Solutions continued Lead free products Eco Friendly Products Reduce Reuse Recycle We should use Wind energy Use pollution free automobiles
Trusteeship – A Gandhian ViewCorporate Social Responsibility The philosophy of Trusteeship believes in inherent goodness of human beings. It involves the capitalists and landlords in the service of society without any element of coercion. It doesn’t want the destruction of capitalists. Gandhi himself believed that their destruction would result in the end of the workers.