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CORPORATE SOCIAL RESPONSIBILITY
Internal Stakeholders
Corporate
Governance –
Analytical
Perspective
Corporate
Governance –
Analytical
Perspective
BoardBoard
EmployeesEmployees
Majority
Shareholders
Majority
Shareholders
Minority
Shareholders
Minority
Shareholders
External Business Stakeholders
Corporate
Governance –
Analytical
Perspective
Corporate
Governance –
Analytical
Perspective
SuppliersSuppliers
CustomersCustomers
CreditorsCreditors
External non-Business Stakeholders
Corporate
Governance –
Analytical
Perspective
Corporate
Governance –
Analytical
Perspective
SocietySociety
Stakeholders
3600
Corporate
Governance –
Analytical
Perspective
3600
Corporate
Governance –
Analytical
Perspective
BoardBoard
EmployeesEmployees
Majority
Shareholders
Majority
Shareholders
Minority
Shareholders
Minority
Shareholders
SocietySociety
SuppliersSuppliers
CustomersCustomers
CreditorsCreditors
External CSR Programmes
 Education
 Community
 Economic development
 Environment
 Civic, public affairs
 Health, social service
 Culture, arts
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
CSR in India
 External:
 Community development
 Environmental management
 Internal
 Workplace

Safety

Employee well being
 Product re-engineering to conserve resources
 Gender equality
 Ethical trade
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, UNDP
and Office of High Commission of Human Rights
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
Global Compact
 Ten Principles:
 Environment:

Principle7: Support a precautionary approach to environmental
challenges

Principle8: Promote greater environmental responsibility

Principle9: Encourage development and diffusion of environmental
friendly 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
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)
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
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
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

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12 csr & cg

  • 2. Internal Stakeholders Corporate Governance – Analytical Perspective Corporate Governance – Analytical Perspective BoardBoard EmployeesEmployees Majority Shareholders Majority Shareholders Minority Shareholders Minority Shareholders
  • 3. External Business Stakeholders Corporate Governance – Analytical Perspective Corporate Governance – Analytical Perspective SuppliersSuppliers CustomersCustomers CreditorsCreditors
  • 4. External non-Business Stakeholders Corporate Governance – Analytical Perspective Corporate Governance – Analytical Perspective SocietySociety
  • 6. External CSR Programmes  Education  Community  Economic development  Environment  Civic, public affairs  Health, social service  Culture, arts
  • 7. 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
  • 8. CSR in India  External:  Community development  Environmental management  Internal  Workplace  Safety  Employee well being  Product re-engineering to conserve resources  Gender equality  Ethical trade
  • 9. 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, UNDP and Office of High Commission of Human Rights
  • 10. 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
  • 11. Global Compact  Ten Principles:  Environment:  Principle7: Support a precautionary approach to environmental challenges  Principle8: Promote greater environmental responsibility  Principle9: Encourage development and diffusion of environmental friendly 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
  • 12. 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)
  • 13. 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
  • 14. 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
  • 15. 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