2. NAME : NIKITHA PALLAVI NAKKA
SRO : SRO0736390
TOPIC : CORPORATE SOCIAL
RESPONSIBILITY
PROJECT : 3
BATCH : 13 , ITT
PLACE : VIJAYAWADA
3. HIGHLIGHTS
What is CSR ?
Concepts of CSR
Responsibility towards employees
Responsibility towards society
Responsibility towards consumers
Responsibility towards shareholders
Responsibility towards government
5. CSR PRINCIPLES AND STRATEGIES
Respect for human rights
Respect for the different views
Make social contributions
Self realization and creativity
Fair dealing and collaborations
Feed back from community
Long tern social and economic benefit
6. WHAT IS CSR?
corporate + social+ responsibility
Corporate = a group of people acting as an
individual
social = relating to society
Responsibility = duty to deal with csr
7. CONCEPTS OF CSR
Responsibility towards employees
Responsibility towards society
Responsibility towards consumers
Responsibility towards shareholders
Responsibility towards government
8. RESPONSIBILITY TOWARDS EMPLOYEES
To provide healthy working environment
To grant regular and fair wages
To provide welfare service
To provide training and promotional facilities
Proper recognition of efficiency and hardwork
9. RESPONSIBILITY TOWARDS SOCIETY
Carry on bussiness with moral and ethical
standards
Prevention of environmental pollution
Minimizing ecological balance
Contribution towards the development of
social health and education
Making use of appropriate technology
Overall development of locality
10. RESPONSIBILITY TOWARDS CONSUMER
Supplying socially harmless products
Supplying quality and standards as promised
Adopt fair pricing
Adopt after sales service
Resisting black market
Maintaining consumer grievence cell
Fair competition
11. RESPONSIBILITY TOWARDS SHAREHOLDER
To ensure reasonable rate of return over time
To build reputation and good will of the
company
To remain transparent and accountable
12. RESPONSIBILITY TOWARDS GOVERNMENT
Obey rules and regulation
Regular payment of tax
Cooperating with the government to promote
social values
Not to take advantage of loopholes in
bussiness laws
Cooperating with the government economic
growth and development
13. TYPES OF CSR
Ethical CSR : its about responsibility to avoid
harm or social injuries
Altruistic CSR : contributing to common good
at the possible expense of
business altruistic , humanitarian
or philanthropic cause
Strategic CSR : its about firm social welfare
responsibilities that benefits
both
corporation and stake holders
14. ARGUMENTS AGAINST CSR
Fundamental principles of business get
violated
Its is very expensive for business houses
CSR projects may not be successful
CSR is to induce them to steal away the
shareholders money