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CORPORATE SOCIAL
RESPONSIBILITY (CSR)
INITIATIVES OF
BRAC BANK LTD
INTRODUCTION
CORPORATE SOCIAL RESPONSIBILITY
2
1
ORIGIN OF THE STUDY
3
†Commercial Bank
†Partially owned by BRAC, largest NGO worldwide.
†Pioneered the concept of SME financing.
†Provides corporate & Institutional Banking.
†Has various initiatives of CSR on social advancement.
PURPOSE OF THE STUDY
† To Equip ourselves with practical knowledge.
† To learn about the CSR initiatives of Commercial organizations in
Bangladesh.
† To get a clear idea of Corporate Social Responsibility.
† Requirement to complete the course “Introduction to Business”
4
DATA COLLECTION METHODOLOGY
† Primary Sources
† Secondary Sources
5
LIMITATION OF THE STUDY
† Different CSR policies and methods are maintained in
different organization.
† Lack of available information about different management
bodies.
† Lack of proper understanding about the
CSR information that are needed for the society.
6
THEORETICAL FRAMEWORK
CORPORATE SOCIAL RESPONSIBILITY
7
2
8
BASIC CONCEPT OF CSR
What is Corporate Social Responsibility?
A code of conduct and action beyond
what is required by laws, regulations
and trade rules.
9
HISTORY OF CORPORATE SOCIAL RESPONSIBILITY
1960-1970s
Community relations
and contributions
responsive to local
pressures/needs and
CEO/Senior
Management
1980-1990s
“Corporate citizenship
model” based on ethical
issues (BSR) including
“the new Corporate or
strategic philanthropy”
1999-Current
“Strategic
alliances” closely
aligned with corporate
objectives – 1999
10
Development & Analysis of CSR
▰ Business ethics is a form of the art of applied ethics that examines ethical principles
and moral or ethical problems that can arise in a business environment
▰ The term CSR itself came in to common use in the early 1970s although it was
seldom abbreviated.
The term stakeholder meaning those impacted by an organization’s activities
was used to describe corporate owners beyond shareholders from around 1989.
11
RESPONSIBILITIES OF CSR
12
Ethical Responsibilities
Legal Responsibilities
Philanthropic Responsibilities
Economic Responsibilities
“Corporate Social Responsibility is a hard
edged business decision, not because it is
a nice thing to do or because people
forcing us to do it
Because it is good for our business
Niall Fitzgerald
1313
COMPANY PROFILE
14
3
COMPANY PROFILE
▰ Corporate Vision
▰ Building profitable and socially responsible financial institution
▰ Building a just, enlightened, healthy democratic and poverty free
Bangladesh”.
▰ Corporate Mission
▰ Sustained growth in Small & Medium Enterprise sector.
▰ Maintain a steady profitable growth.
▰ Achieve efficient synergies between the bank’s branches, SME unit
offices and BRAC field offices
15
CORE VALUES
▰ Have a strong customer focus and build relationships
▰ Strive for profit & sound growth
▰ Business innovation and improvement
▰ Responsible, trustworthy and law-abiding
▰ Value and respect people and make decisions based on
merit.
▰ Base recognition and reward on performance.
16
CSR INITIATIVES OF
17
4
GIVING BACK
TO SOCIETY
18
PEOPLE PLANET PROFIT
BRAC Bank Limited has provided
scholarships to the meritorious students of
Faculty Business Studies of Dhaka
University.
EDUCATION
Making technical education affordable:
UCEP Institute of Science and
Technology
19
20
Support to National Heart Foundation
Hospital, Sylhet
Support to Bangladesh Thalassaemia Samity &
Hospital
HEALTH
SOCIAL WELFARE
21
Lifetime Support
to Bir Protik
Taramon Bibi
SOCIAL WELFARE
Contribution of Blankets to Prime
Minister's Relief Fund
22
Bicycle for school girls
23
ART & CULTURE
Instilling Nazrul works among the youth: The First Ever Nazrul Mela
Enriching Bangla literature: BRAC Bank-Samakal
Shahitya Puroshkar
Contribution
to Asiatic
Society of
Bangladesh
for Publishing
History Book
ENVIRONMENT
▰ Solarizing SME unit offices.
▰ Environmental Olympiad for Green
Awareness.
▰ Going Green with E-statement.
▰ Bio-gas & seed crushing.
24
RECOMMENDATIONS
▰ To ensure satisfaction of customers
▰ More cooperative executive with clients
▰ To be more innovative and diversified in its service
▰ Setup premium banking lounge branch to provide
quick and better service.
25
26
THANKS!
Any questions?
Feel free to Ask

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Corporate Social Initiatives of Brac Bank BD LTD.

  • 3. ORIGIN OF THE STUDY 3 †Commercial Bank †Partially owned by BRAC, largest NGO worldwide. †Pioneered the concept of SME financing. †Provides corporate & Institutional Banking. †Has various initiatives of CSR on social advancement.
  • 4. PURPOSE OF THE STUDY † To Equip ourselves with practical knowledge. † To learn about the CSR initiatives of Commercial organizations in Bangladesh. † To get a clear idea of Corporate Social Responsibility. † Requirement to complete the course “Introduction to Business” 4
  • 5. DATA COLLECTION METHODOLOGY † Primary Sources † Secondary Sources 5
  • 6. LIMITATION OF THE STUDY † Different CSR policies and methods are maintained in different organization. † Lack of available information about different management bodies. † Lack of proper understanding about the CSR information that are needed for the society. 6
  • 8. 8
  • 9. BASIC CONCEPT OF CSR What is Corporate Social Responsibility? A code of conduct and action beyond what is required by laws, regulations and trade rules. 9
  • 10. HISTORY OF CORPORATE SOCIAL RESPONSIBILITY 1960-1970s Community relations and contributions responsive to local pressures/needs and CEO/Senior Management 1980-1990s “Corporate citizenship model” based on ethical issues (BSR) including “the new Corporate or strategic philanthropy” 1999-Current “Strategic alliances” closely aligned with corporate objectives – 1999 10
  • 11. Development & Analysis of CSR ▰ Business ethics is a form of the art of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment ▰ The term CSR itself came in to common use in the early 1970s although it was seldom abbreviated. The term stakeholder meaning those impacted by an organization’s activities was used to describe corporate owners beyond shareholders from around 1989. 11
  • 12. RESPONSIBILITIES OF CSR 12 Ethical Responsibilities Legal Responsibilities Philanthropic Responsibilities Economic Responsibilities
  • 13. “Corporate Social Responsibility is a hard edged business decision, not because it is a nice thing to do or because people forcing us to do it Because it is good for our business Niall Fitzgerald 1313
  • 15. COMPANY PROFILE ▰ Corporate Vision ▰ Building profitable and socially responsible financial institution ▰ Building a just, enlightened, healthy democratic and poverty free Bangladesh”. ▰ Corporate Mission ▰ Sustained growth in Small & Medium Enterprise sector. ▰ Maintain a steady profitable growth. ▰ Achieve efficient synergies between the bank’s branches, SME unit offices and BRAC field offices 15
  • 16. CORE VALUES ▰ Have a strong customer focus and build relationships ▰ Strive for profit & sound growth ▰ Business innovation and improvement ▰ Responsible, trustworthy and law-abiding ▰ Value and respect people and make decisions based on merit. ▰ Base recognition and reward on performance. 16
  • 19. BRAC Bank Limited has provided scholarships to the meritorious students of Faculty Business Studies of Dhaka University. EDUCATION Making technical education affordable: UCEP Institute of Science and Technology 19
  • 20. 20 Support to National Heart Foundation Hospital, Sylhet Support to Bangladesh Thalassaemia Samity & Hospital HEALTH
  • 21. SOCIAL WELFARE 21 Lifetime Support to Bir Protik Taramon Bibi
  • 22. SOCIAL WELFARE Contribution of Blankets to Prime Minister's Relief Fund 22 Bicycle for school girls
  • 23. 23 ART & CULTURE Instilling Nazrul works among the youth: The First Ever Nazrul Mela Enriching Bangla literature: BRAC Bank-Samakal Shahitya Puroshkar Contribution to Asiatic Society of Bangladesh for Publishing History Book
  • 24. ENVIRONMENT ▰ Solarizing SME unit offices. ▰ Environmental Olympiad for Green Awareness. ▰ Going Green with E-statement. ▰ Bio-gas & seed crushing. 24
  • 25. RECOMMENDATIONS ▰ To ensure satisfaction of customers ▰ More cooperative executive with clients ▰ To be more innovative and diversified in its service ▰ Setup premium banking lounge branch to provide quick and better service. 25