SlideShare a Scribd company logo
CSR
Evolution of CSR in India
• The refers to changes over time in
India of the cultural norms
of corporations' engagement
of corporate social
responsibility (CSR).
Shared value
• Creating economic value in
ways that also create value for
society.
Assigning CSR activities has
3 theatre/ window
Philanthropy
Window 1
operational effectiveness
through Sustainable
Initiative
Window 2
Transforming into
model
Window 3
Theatre / window one
• Focusing on philanthropy.
• Programs in this theatre are not designed to
produce profits or directly improve business
performance.
• Examples: include donations of money or
equipment to civic organizations, engagement
with community initiatives.
• Tata in India, Bimbo in Mexico
Theatre two / window 2
• Improving operational effectiveness.
• Programs in this theatre function within
existing business models to deliver social or
environmental benefits in ways that support a
company’s operations across the value chain,
often improving efficiency and effectiveness.
Window 2
• Examples include sustainability initiatives
that reduce resource use, waste, or
emissions, which may in turn reduce costs;
and investments in employee working
conditions, health care, or education, which
may enhance productivity, retention, and
company reputation.
Initiative for recycling waste sand from sand
casting mold
• Panasonic appliances refrigerators devices Singapore
manufacture cast components for compressors.
• The casting procedure including pouring melted iron
between a mold made of sand and a sand core that is
used to create a hollow space, and removing the
component after is has cooled.
• The core become unnecessary after the casting
complete and the company conventionally carried it by
crushing into sand and sending the sand to landfill.
Panasonic example
• Now it has started recycling this waste sand.
Now breaking down the cast core and
additionally treating and sorting it as core
sand, it is reused in the production process.
• Effective use of resources has enabled a
significant reduction in the amount of waste
and material procurement cost, waste sand
disposal costs.
Panasonic's solar lanterns being used in evening
classes in villages without electricity in
Cambodia
Example of window 2 sustainability initiatives
• Blue Bag Project
• In line with our global
sustainability approach,
IKEA Indonesia offer the
environmentally friendly
IKEA Blue Bag to
customers in place of
plastic bags.
People – planet - profit
CSR urges corporate giants to work according to the triple bottom line.
That means that company's must be concerned with their profits but at
the same time they should also keep in consideration how they impact
the people around them and whether their activities affect the planet
in a harmful way or not.
The triple bottom-line is a wide set of economic, environmental and
social parameters used to encourage and then observe how valuable a
firm is as a corporate citizen. The concept basically gives us a
mechanism to measure what value businesses add to the world
around them.
Window 3
• Transforming the business model:
• This theatre create new forms of business
specifically to address social or
environmental challenges.
• Improved business performance—a
requirement of initiatives in this window —is
predicated on achieving social or
environmental results.
Hindustan Unilever’s Project Shakti
(“empowerment”)
• earlier business model followed by HUL customary
wholesaler-to-retailer distribution model .
• to reach remote villages, the company recruits village
women, provides them with access to microfinance
loans, and trains them in selling soaps, detergents door-
to-door. ( home care, health care and hygiene care)
• More than 65,000 women entrepreneurs now
participate, nearly doubling their household incomes,
on average, while increasing rural access to hygiene
products and thus contributing to public health.
Project Shakti
Project Shakti
• These social gains have been met by business gains for the
company: As of 2012 Project Shakti had achieved more than
$100 million in sales.
• As Project Shakti demonstrates, window three programs need
not be comprehensive. Most are narrow initiatives
undertaken with a focused market segment or product line in
mind, but with significant potential to alter the company’s
social or environmental impact and financial performance.
The Four Phases of CSR Development in India
• The First Phase
• In the first phase charity and philanthropy were the main
drivers of CSR.
• Culture, religion, family values and tradition
and industrialization had an influential effect on CSR.
• In the pre-industrialization period, which lasted till 1850,
wealthy merchants shared a part of their wealth with the
wider society by way of setting up temples for a religious
cause
The First Phase
• With the arrival of colonial rule in India from
the 1850s onwards, the approach towards CSR
changed. The industrial families of the 19th
century such
as Tata, Godrej, Bajaj, Modi, Birla, Singhania
were strongly inclined towards economic as
well as social considerations.
The Second Phase
• In the second phase, during the independence
movement, there was increased stress on Indian
Industrialists to demonstrate their dedication
towards the progress of the society.
• This was when Mahatma Gandhi introduced the
notion of "trusteeship", according to which the
industry leaders had to manage their wealth so as
to benefit the common man.
The Third Phase
• The third phase of CSR (1960–80) had its
relation to the element of "mixed economy",
emergence of Public Sector
Undertakings (PSUs) and laws relating labour
and environmental standards.
The Fourth Phase
• In the fourth phase (1980 - 2013) Indian
companies started abandoning their
traditional engagement with CSR and
integrated it into a sustainable business
strategy.
Current State of CSR in India
• The basic objective of CSR in these days :
1. to maximize the company's overall impact
on the society and stakeholders.
2. Integrate CSR policies, practices and
programs with business practices.
3. important for protecting the goodwill and
reputation
4. defending attacks and increasing business
competitiveness.[
comprehensive method of development is
adopted by some corporations
• Bharat Petroleum Corporation Limited,
• Maruti Suzuki India Limited.
1. Provision of improved medical
and sanitation facilities,
2. building schools and houses
3. empowering the villagers and in process
making them more self-reliant by providing
vocational training
Five Dimensions of Corporate Social
Responsibility
• Traditionally, companies have had one
responsibility: to make a profit. But the concept
of corporate social responsibility holds that
companies should be responsible to more than
just their owners. Corporate social responsibility
holds that there are multiple dimensions that
should affect a company's actions. Understand
these dimensions when planning your own
company's corporate social responsibility efforts.
•
• Environmental
• The environmental dimension of corporate social responsibility refers to your business's impact on the environment. The goal, as a socially
responsible company, is to engage in business practices that benefit the environment. For example, you might choose to use recycled materials in
your packaging or ad renewable energy sources like solar power to your factory.
• Social
• The social dimension of corporate responsibility involves the relationship between your business and society as a whole. When addressing the social
dimension, you should aim to use your business to benefit society as a whole. This could involve sourcing fair trade products, for example, or
agreeing to pay your employees a livable wage. It could also involve taking on endeavors that benefit society, for instance using your resources to
organize charitable fundraisers.
• Economic
• The economic dimension refers to the effect that corporate social responsibility has on the finances of your company. In an ideal world, where
corporate social responsibility had no costs, there would be no reason to limit it. But in the real world it is important to recognize the financial impact
that these actions have and to balance being a good corporate citizen with making a profit.
• Stakeholder
• The stakeholders are all of the people affected by your company's actions. These include employees, suppliers and members of the public. When
considering the stakeholder dimension of corporate social responsibility, consider how your business decisions affect these groups. For example, you
might be able to increase your output by having employees work more, but you should consider the impact it will have on them, not just your
bottom line.
• Voluntariness
• Actions that fall into the voluntariness dimension are those that you are not required to do. These actions are based in what your company believes
is the correct thing to do. They may be based in specific ethical values that your company holds. For example, you may believe that using organic
products is the right thing to do even if you are not required to do so.

More Related Content

What's hot

Corporate Social Responsibilty
Corporate Social ResponsibiltyCorporate Social Responsibilty
Corporate Social Responsibilty
LeenaKP
 
Social Enterprise in the Philippines
Social Enterprise in the PhilippinesSocial Enterprise in the Philippines
Social Enterprise in the Philippines
Miss_Bricks
 
CSR FINAL JURY PRERSENTATION (1)
CSR FINAL JURY PRERSENTATION (1)CSR FINAL JURY PRERSENTATION (1)
CSR FINAL JURY PRERSENTATION (1)Rahul Hela
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
nitkum35
 
Social Entrepreneurship
Social EntrepreneurshipSocial Entrepreneurship
Social Entrepreneurship
Anupendra Sharma
 
Gbm 5-units-pdf
Gbm 5-units-pdfGbm 5-units-pdf
Gbm 5-units-pdf
Roop Kumar
 
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
Rajesh Prasad
 
Corporate social responsibility under section 135 companies act 2013 digital ...
Corporate social responsibility under section 135 companies act 2013 digital ...Corporate social responsibility under section 135 companies act 2013 digital ...
Corporate social responsibility under section 135 companies act 2013 digital ...
Sundar Rodriguez FCA., CFSA.,FAIA.,CFA
 
Discussion forum assignment help on environmental social governance
Discussion forum assignment help on environmental social governanceDiscussion forum assignment help on environmental social governance
Discussion forum assignment help on environmental social governance
www.StudentsAssignmentHelp.com
 
Creating shared value bridging the gap between business and society
Creating shared value   bridging the gap between business and societyCreating shared value   bridging the gap between business and society
Creating shared value bridging the gap between business and society
Tony Usidamen
 
Corporate Social Resposibility
Corporate Social ResposibilityCorporate Social Resposibility
Corporate Social Resposibilityjoysengupta22
 
E0351038042
E0351038042E0351038042
E0351038042
inventionjournals
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilityShubham Goel
 
Corporate Social Responsibility from Tax Perspective
Corporate Social Responsibility from Tax PerspectiveCorporate Social Responsibility from Tax Perspective
Corporate Social Responsibility from Tax Perspective
Karan Sahi
 
Social entrepreneurship
Social entrepreneurshipSocial entrepreneurship
Social entrepreneurship
DEEPAK DODDAMANI
 
Building a Social Enterprise
Building a Social Enterprise Building a Social Enterprise
Building a Social Enterprise
Wisnu Dewobroto
 
Social entrepreneurship
Social entrepreneurshipSocial entrepreneurship
Social entrepreneurship
REVA University/ NAGARAJU L G
 
Shared_Value_Mark_Kramer
Shared_Value_Mark_KramerShared_Value_Mark_Kramer
Shared_Value_Mark_Kramer
Dr. Amit Kapoor
 
Present Scenario of Corporate Social Responsibilities in Bangladesh
Present Scenario of Corporate Social Responsibilities in BangladeshPresent Scenario of Corporate Social Responsibilities in Bangladesh
Present Scenario of Corporate Social Responsibilities in Bangladesh
Masum Hussain
 
Review Analysis & Summary Report (H-CSR-Model) - Official Copy
Review Analysis & Summary Report (H-CSR-Model) - Official CopyReview Analysis & Summary Report (H-CSR-Model) - Official Copy
Review Analysis & Summary Report (H-CSR-Model) - Official CopyMUHAMMAD MUDDASIR
 

What's hot (20)

Corporate Social Responsibilty
Corporate Social ResponsibiltyCorporate Social Responsibilty
Corporate Social Responsibilty
 
Social Enterprise in the Philippines
Social Enterprise in the PhilippinesSocial Enterprise in the Philippines
Social Enterprise in the Philippines
 
CSR FINAL JURY PRERSENTATION (1)
CSR FINAL JURY PRERSENTATION (1)CSR FINAL JURY PRERSENTATION (1)
CSR FINAL JURY PRERSENTATION (1)
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Social Entrepreneurship
Social EntrepreneurshipSocial Entrepreneurship
Social Entrepreneurship
 
Gbm 5-units-pdf
Gbm 5-units-pdfGbm 5-units-pdf
Gbm 5-units-pdf
 
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
Corporate Social Responsibilty and Sustainabilty by Rajesh Prasad, Chief Proj...
 
Corporate social responsibility under section 135 companies act 2013 digital ...
Corporate social responsibility under section 135 companies act 2013 digital ...Corporate social responsibility under section 135 companies act 2013 digital ...
Corporate social responsibility under section 135 companies act 2013 digital ...
 
Discussion forum assignment help on environmental social governance
Discussion forum assignment help on environmental social governanceDiscussion forum assignment help on environmental social governance
Discussion forum assignment help on environmental social governance
 
Creating shared value bridging the gap between business and society
Creating shared value   bridging the gap between business and societyCreating shared value   bridging the gap between business and society
Creating shared value bridging the gap between business and society
 
Corporate Social Resposibility
Corporate Social ResposibilityCorporate Social Resposibility
Corporate Social Resposibility
 
E0351038042
E0351038042E0351038042
E0351038042
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Corporate Social Responsibility from Tax Perspective
Corporate Social Responsibility from Tax PerspectiveCorporate Social Responsibility from Tax Perspective
Corporate Social Responsibility from Tax Perspective
 
Social entrepreneurship
Social entrepreneurshipSocial entrepreneurship
Social entrepreneurship
 
Building a Social Enterprise
Building a Social Enterprise Building a Social Enterprise
Building a Social Enterprise
 
Social entrepreneurship
Social entrepreneurshipSocial entrepreneurship
Social entrepreneurship
 
Shared_Value_Mark_Kramer
Shared_Value_Mark_KramerShared_Value_Mark_Kramer
Shared_Value_Mark_Kramer
 
Present Scenario of Corporate Social Responsibilities in Bangladesh
Present Scenario of Corporate Social Responsibilities in BangladeshPresent Scenario of Corporate Social Responsibilities in Bangladesh
Present Scenario of Corporate Social Responsibilities in Bangladesh
 
Review Analysis & Summary Report (H-CSR-Model) - Official Copy
Review Analysis & Summary Report (H-CSR-Model) - Official CopyReview Analysis & Summary Report (H-CSR-Model) - Official Copy
Review Analysis & Summary Report (H-CSR-Model) - Official Copy
 

Viewers also liked

CSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
CSR Implementing Agency of the Year Award Winner at the 3rd India CSR SummitCSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
CSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
Humana People to People
 
Rajasthan Dairy Development
Rajasthan Dairy Development Rajasthan Dairy Development
Rajasthan Dairy Development
Cairn India Limited
 
CSR Initiaves at ITC
CSR Initiaves at ITCCSR Initiaves at ITC
CSR Initiaves at ITC
Dr. Niti Chopra
 
CSR of ITC Naman
CSR of ITC NamanCSR of ITC Naman
CSR of ITC Naman
Naman Rastogi
 
CSR IN iNDIA
CSR IN iNDIACSR IN iNDIA
CSR IN iNDIA
ARSHIYA KHAN
 
CSR-trends in India
CSR-trends in IndiaCSR-trends in India
CSR-trends in Indiacjno
 
Corporate social responsibility | 2015 - Recent Trends
Corporate social responsibility | 2015 - Recent TrendsCorporate social responsibility | 2015 - Recent Trends
Corporate social responsibility | 2015 - Recent Trends
Aadhit B
 
Csr of amul
Csr of amulCsr of amul
Csr of amul
aakanksh bhoir
 
CSR in India
CSR in IndiaCSR in India
CSR in India
Vikash Gupta
 
Evoked potential - An overview
Evoked potential - An overviewEvoked potential - An overview
Evoked potential - An overviewAnbarasi rajkumar
 
TCS Corporate Social Responsibility ( CSR )
TCS Corporate Social Responsibility ( CSR )TCS Corporate Social Responsibility ( CSR )
TCS Corporate Social Responsibility ( CSR )
Siva Kumar
 
Corporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMULCorporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMUL
Arjun Parekh
 
CSR of Walt Disney
CSR of Walt DisneyCSR of Walt Disney
CSR of Walt Disney
Skthayumanavan Kailasanathan
 
From Ideas to Action - Planning for sustainable CSR
From Ideas to Action - Planning for sustainable CSR From Ideas to Action - Planning for sustainable CSR
From Ideas to Action - Planning for sustainable CSR
greenkettleconsulting
 
Presentation on dairy industry
Presentation on dairy industryPresentation on dairy industry
Presentation on dairy industry
chaudhariglalit
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
JNathan
 
TATA Corporate Social Responsibility - A Century of Trust
TATA Corporate Social Responsibility - A Century of TrustTATA Corporate Social Responsibility - A Century of Trust
TATA Corporate Social Responsibility - A Century of Trust
Odisha Development
 
CSR 2.0: The Future of Corporate Social Responsibility
CSR 2.0: The Future of Corporate Social ResponsibilityCSR 2.0: The Future of Corporate Social Responsibility
CSR 2.0: The Future of Corporate Social Responsibility
Wayne Visser
 
Reliance industries csr
Reliance industries csrReliance industries csr
Reliance industries csrBhushan Patil
 

Viewers also liked (20)

CSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
CSR Implementing Agency of the Year Award Winner at the 3rd India CSR SummitCSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
CSR Implementing Agency of the Year Award Winner at the 3rd India CSR Summit
 
Rajasthan Dairy Development
Rajasthan Dairy Development Rajasthan Dairy Development
Rajasthan Dairy Development
 
CSR Initiaves at ITC
CSR Initiaves at ITCCSR Initiaves at ITC
CSR Initiaves at ITC
 
CSR of ITC Naman
CSR of ITC NamanCSR of ITC Naman
CSR of ITC Naman
 
CSR IN iNDIA
CSR IN iNDIACSR IN iNDIA
CSR IN iNDIA
 
CSR-trends in India
CSR-trends in IndiaCSR-trends in India
CSR-trends in India
 
Corporate social responsibility | 2015 - Recent Trends
Corporate social responsibility | 2015 - Recent TrendsCorporate social responsibility | 2015 - Recent Trends
Corporate social responsibility | 2015 - Recent Trends
 
Csr of amul
Csr of amulCsr of amul
Csr of amul
 
CSR in India
CSR in IndiaCSR in India
CSR in India
 
Evoked potential - An overview
Evoked potential - An overviewEvoked potential - An overview
Evoked potential - An overview
 
TCS Corporate Social Responsibility ( CSR )
TCS Corporate Social Responsibility ( CSR )TCS Corporate Social Responsibility ( CSR )
TCS Corporate Social Responsibility ( CSR )
 
Corporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMULCorporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMUL
 
CSR of Walt Disney
CSR of Walt DisneyCSR of Walt Disney
CSR of Walt Disney
 
From Ideas to Action - Planning for sustainable CSR
From Ideas to Action - Planning for sustainable CSR From Ideas to Action - Planning for sustainable CSR
From Ideas to Action - Planning for sustainable CSR
 
Presentation on dairy industry
Presentation on dairy industryPresentation on dairy industry
Presentation on dairy industry
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
TATA Corporate Social Responsibility - A Century of Trust
TATA Corporate Social Responsibility - A Century of TrustTATA Corporate Social Responsibility - A Century of Trust
TATA Corporate Social Responsibility - A Century of Trust
 
CSR 2.0: The Future of Corporate Social Responsibility
CSR 2.0: The Future of Corporate Social ResponsibilityCSR 2.0: The Future of Corporate Social Responsibility
CSR 2.0: The Future of Corporate Social Responsibility
 
Reliance industries csr
Reliance industries csrReliance industries csr
Reliance industries csr
 
Dairy presentation
Dairy presentation Dairy presentation
Dairy presentation
 

Similar to 25 business i environment i society mba 2016

Social cost benefit analysis
Social cost benefit analysisSocial cost benefit analysis
Social cost benefit analysis
MyCampus RJ Anshika
 
Corporate social responsibility.pptx
Corporate social responsibility.pptxCorporate social responsibility.pptx
Corporate social responsibility.pptx
sonukam1
 
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In IndiaCORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
Satyaki Chowdhury
 
Module 4 CSR.pptx
Module 4 CSR.pptxModule 4 CSR.pptx
Module 4 CSR.pptx
akshay353895
 
CSR Session Role towards diff interest groups.pptx
CSR Session Role towards diff interest groups.pptxCSR Session Role towards diff interest groups.pptx
CSR Session Role towards diff interest groups.pptx
RUCHITARAMANI2
 
CSR final
CSR finalCSR final
CSR final
Ashish Jain
 
Corporate social responsibility - CSR by Dayana Mastura
Corporate social responsibility - CSR by Dayana MasturaCorporate social responsibility - CSR by Dayana Mastura
Corporate social responsibility - CSR by Dayana Mastura
Dayana Mastura FCCA CA
 
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
Satyaki Chowdhury
 
Socially Responsible Accounting
Socially Responsible AccountingSocially Responsible Accounting
Socially Responsible Accounting
PugazhNaavarasiA
 
corporate social responsibility initiatives between public sector and.pptx
corporate social responsibility initiatives between public sector and.pptxcorporate social responsibility initiatives between public sector and.pptx
corporate social responsibility initiatives between public sector and.pptx
AyaanKhan453492
 
Management Principles in fundamentals of Management.ppt
Management Principles in fundamentals of Management.pptManagement Principles in fundamentals of Management.ppt
Management Principles in fundamentals of Management.ppt
vinoth656550
 
Corporate social responsibility (2)
Corporate social responsibility  (2)Corporate social responsibility  (2)
Corporate social responsibility (2)
madhumeeta dhar
 
Corporate Social Responsibility and Sustainability through Ethical Human Reso...
Corporate Social Responsibility and Sustainability through Ethical Human Reso...Corporate Social Responsibility and Sustainability through Ethical Human Reso...
Corporate Social Responsibility and Sustainability through Ethical Human Reso...
Joever Joseph Flores
 
CSR
CSRCSR
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
anisep7
 
CSR.pptx
CSR.pptxCSR.pptx
CSR.pptx
RenuJakhar7
 
Corporate Social Entrepreneurship 0334
Corporate Social Entrepreneurship 0334Corporate Social Entrepreneurship 0334
Corporate Social Entrepreneurship 0334ofoymungu vivian
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
AimaKhalid
 
Unit ii business society - compiled
Unit ii   business   society - compiledUnit ii   business   society - compiled
Unit ii business society - compiled
Naveen Kumar
 

Similar to 25 business i environment i society mba 2016 (20)

Symposium csr
Symposium  csrSymposium  csr
Symposium csr
 
Social cost benefit analysis
Social cost benefit analysisSocial cost benefit analysis
Social cost benefit analysis
 
Corporate social responsibility.pptx
Corporate social responsibility.pptxCorporate social responsibility.pptx
Corporate social responsibility.pptx
 
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In IndiaCORPORATE SOCIAL RESPONSIBILITY -  Background & Implications In India
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In India
 
Module 4 CSR.pptx
Module 4 CSR.pptxModule 4 CSR.pptx
Module 4 CSR.pptx
 
CSR Session Role towards diff interest groups.pptx
CSR Session Role towards diff interest groups.pptxCSR Session Role towards diff interest groups.pptx
CSR Session Role towards diff interest groups.pptx
 
CSR final
CSR finalCSR final
CSR final
 
Corporate social responsibility - CSR by Dayana Mastura
Corporate social responsibility - CSR by Dayana MasturaCorporate social responsibility - CSR by Dayana Mastura
Corporate social responsibility - CSR by Dayana Mastura
 
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
C.S.R: CORPORATE SOCIAL RESPONSIBILITY - All that you Need to Know.
 
Socially Responsible Accounting
Socially Responsible AccountingSocially Responsible Accounting
Socially Responsible Accounting
 
corporate social responsibility initiatives between public sector and.pptx
corporate social responsibility initiatives between public sector and.pptxcorporate social responsibility initiatives between public sector and.pptx
corporate social responsibility initiatives between public sector and.pptx
 
Management Principles in fundamentals of Management.ppt
Management Principles in fundamentals of Management.pptManagement Principles in fundamentals of Management.ppt
Management Principles in fundamentals of Management.ppt
 
Corporate social responsibility (2)
Corporate social responsibility  (2)Corporate social responsibility  (2)
Corporate social responsibility (2)
 
Corporate Social Responsibility and Sustainability through Ethical Human Reso...
Corporate Social Responsibility and Sustainability through Ethical Human Reso...Corporate Social Responsibility and Sustainability through Ethical Human Reso...
Corporate Social Responsibility and Sustainability through Ethical Human Reso...
 
CSR
CSRCSR
CSR
 
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
9 CSR.jhuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhpptx
 
CSR.pptx
CSR.pptxCSR.pptx
CSR.pptx
 
Corporate Social Entrepreneurship 0334
Corporate Social Entrepreneurship 0334Corporate Social Entrepreneurship 0334
Corporate Social Entrepreneurship 0334
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
Unit ii business society - compiled
Unit ii   business   society - compiledUnit ii   business   society - compiled
Unit ii business society - compiled
 

More from Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar

19 Strategic Product Management - Strategy making & New Product Development (...
19 Strategic Product Management - Strategy making & New Product Development (...19 Strategic Product Management - Strategy making & New Product Development (...
19 Strategic Product Management - Strategy making & New Product Development (...
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
18 Strategic Product Management - Strategies for Promoting a New Product or ...
18 Strategic Product Management - Strategies for Promoting  a New Product or ...18 Strategic Product Management - Strategies for Promoting  a New Product or ...
18 Strategic Product Management - Strategies for Promoting a New Product or ...
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
17 Strategic Product Management - Strategy Making & Strategic Alternatives
17 Strategic Product Management - Strategy Making & Strategic Alternatives17 Strategic Product Management - Strategy Making & Strategic Alternatives
17 Strategic Product Management - Strategy Making & Strategic Alternatives
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
16 Strategic Product Management - Element of Product Strategy
16 Strategic Product Management -  Element of Product Strategy16 Strategic Product Management -  Element of Product Strategy
16 Strategic Product Management - Element of Product Strategy
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
12A Strategic Product Management - Shell's Directional Policy Matrix
12A Strategic Product Management - Shell's Directional Policy Matrix12A Strategic Product Management - Shell's Directional Policy Matrix
12A Strategic Product Management - Shell's Directional Policy Matrix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
12 Strategic Product Management - GE-McKinsey Matrix
12 Strategic Product Management -  GE-McKinsey Matrix12 Strategic Product Management -  GE-McKinsey Matrix
12 Strategic Product Management - GE-McKinsey Matrix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
11 Strategic Product Management - BCG Matrix
11 Strategic Product Management -  BCG Matrix11 Strategic Product Management -  BCG Matrix
11 Strategic Product Management - BCG Matrix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
10 Strategic Product Management - Market Potential
10 Strategic Product Management - Market Potential10 Strategic Product Management - Market Potential
10 Strategic Product Management - Market Potential
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
9 Strategic Product Management - 7 O’s framework
9 Strategic Product Management - 7 O’s framework9 Strategic Product Management - 7 O’s framework
9 Strategic Product Management - 7 O’s framework
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
8B Strategic Product Management - Competitors Present & Future Objectives
8B Strategic Product Management - Competitors Present & Future Objectives8B Strategic Product Management - Competitors Present & Future Objectives
8B Strategic Product Management - Competitors Present & Future Objectives
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
8A Strategic Product Management - Competitors Present & Future Objectives
8A Strategic Product Management - Competitors Present & Future Objectives8A Strategic Product Management - Competitors Present & Future Objectives
8A Strategic Product Management - Competitors Present & Future Objectives
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
7 Strategic Product Management - Product Category Analysis
7 Strategic Product Management - Product Category Analysis7 Strategic Product Management - Product Category Analysis
7 Strategic Product Management - Product Category Analysis
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
5 Strategic Product Management - Understanding Product Management
5 Strategic Product Management - Understanding Product Management5 Strategic Product Management - Understanding Product Management
5 Strategic Product Management - Understanding Product Management
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
4 Strategic Product Management - Understanding Product Life Cycle
4 Strategic Product Management - Understanding Product Life Cycle4 Strategic Product Management - Understanding Product Life Cycle
4 Strategic Product Management - Understanding Product Life Cycle
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
3 Strategic Product Management - Understanding Product & Marketing Mix
3 Strategic Product Management - Understanding Product & Marketing Mix3 Strategic Product Management - Understanding Product & Marketing Mix
3 Strategic Product Management - Understanding Product & Marketing Mix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
2 Strategic Product Management - Product Mix
2 Strategic Product Management - Product Mix2 Strategic Product Management - Product Mix
2 Strategic Product Management - Product Mix
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 

More from Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar (20)

19 Strategic Product Management - Strategy making & New Product Development (...
19 Strategic Product Management - Strategy making & New Product Development (...19 Strategic Product Management - Strategy making & New Product Development (...
19 Strategic Product Management - Strategy making & New Product Development (...
 
18 Strategic Product Management - Strategies for Promoting a New Product or ...
18 Strategic Product Management - Strategies for Promoting  a New Product or ...18 Strategic Product Management - Strategies for Promoting  a New Product or ...
18 Strategic Product Management - Strategies for Promoting a New Product or ...
 
17 Strategic Product Management - Strategy Making & Strategic Alternatives
17 Strategic Product Management - Strategy Making & Strategic Alternatives17 Strategic Product Management - Strategy Making & Strategic Alternatives
17 Strategic Product Management - Strategy Making & Strategic Alternatives
 
16 Strategic Product Management - Element of Product Strategy
16 Strategic Product Management -  Element of Product Strategy16 Strategic Product Management -  Element of Product Strategy
16 Strategic Product Management - Element of Product Strategy
 
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
15 Strategic Product Management - Exploiting Product Life Cycle (PLC)
 
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
14 Strategic Product Management - Arthur D Little Strategic Condition Matrix
 
12A Strategic Product Management - Shell's Directional Policy Matrix
12A Strategic Product Management - Shell's Directional Policy Matrix12A Strategic Product Management - Shell's Directional Policy Matrix
12A Strategic Product Management - Shell's Directional Policy Matrix
 
12 Strategic Product Management - GE-McKinsey Matrix
12 Strategic Product Management -  GE-McKinsey Matrix12 Strategic Product Management -  GE-McKinsey Matrix
12 Strategic Product Management - GE-McKinsey Matrix
 
11 Strategic Product Management - BCG Matrix
11 Strategic Product Management -  BCG Matrix11 Strategic Product Management -  BCG Matrix
11 Strategic Product Management - BCG Matrix
 
10 Strategic Product Management - Market Potential
10 Strategic Product Management - Market Potential10 Strategic Product Management - Market Potential
10 Strategic Product Management - Market Potential
 
9 Strategic Product Management - 7 O’s framework
9 Strategic Product Management - 7 O’s framework9 Strategic Product Management - 7 O’s framework
9 Strategic Product Management - 7 O’s framework
 
8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives
 
8B Strategic Product Management - Competitors Present & Future Objectives
8B Strategic Product Management - Competitors Present & Future Objectives8B Strategic Product Management - Competitors Present & Future Objectives
8B Strategic Product Management - Competitors Present & Future Objectives
 
8A Strategic Product Management - Competitors Present & Future Objectives
8A Strategic Product Management - Competitors Present & Future Objectives8A Strategic Product Management - Competitors Present & Future Objectives
8A Strategic Product Management - Competitors Present & Future Objectives
 
7 Strategic Product Management - Product Category Analysis
7 Strategic Product Management - Product Category Analysis7 Strategic Product Management - Product Category Analysis
7 Strategic Product Management - Product Category Analysis
 
6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning
 
5 Strategic Product Management - Understanding Product Management
5 Strategic Product Management - Understanding Product Management5 Strategic Product Management - Understanding Product Management
5 Strategic Product Management - Understanding Product Management
 
4 Strategic Product Management - Understanding Product Life Cycle
4 Strategic Product Management - Understanding Product Life Cycle4 Strategic Product Management - Understanding Product Life Cycle
4 Strategic Product Management - Understanding Product Life Cycle
 
3 Strategic Product Management - Understanding Product & Marketing Mix
3 Strategic Product Management - Understanding Product & Marketing Mix3 Strategic Product Management - Understanding Product & Marketing Mix
3 Strategic Product Management - Understanding Product & Marketing Mix
 
2 Strategic Product Management - Product Mix
2 Strategic Product Management - Product Mix2 Strategic Product Management - Product Mix
2 Strategic Product Management - Product Mix
 

Recently uploaded

Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
RaedMohamed3
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
Anna Sz.
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 

Recently uploaded (20)

Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 

25 business i environment i society mba 2016

  • 1. CSR
  • 2. Evolution of CSR in India • The refers to changes over time in India of the cultural norms of corporations' engagement of corporate social responsibility (CSR).
  • 3. Shared value • Creating economic value in ways that also create value for society.
  • 4. Assigning CSR activities has 3 theatre/ window Philanthropy Window 1 operational effectiveness through Sustainable Initiative Window 2 Transforming into model Window 3
  • 5. Theatre / window one • Focusing on philanthropy. • Programs in this theatre are not designed to produce profits or directly improve business performance. • Examples: include donations of money or equipment to civic organizations, engagement with community initiatives. • Tata in India, Bimbo in Mexico
  • 6. Theatre two / window 2 • Improving operational effectiveness. • Programs in this theatre function within existing business models to deliver social or environmental benefits in ways that support a company’s operations across the value chain, often improving efficiency and effectiveness.
  • 7. Window 2 • Examples include sustainability initiatives that reduce resource use, waste, or emissions, which may in turn reduce costs; and investments in employee working conditions, health care, or education, which may enhance productivity, retention, and company reputation.
  • 8. Initiative for recycling waste sand from sand casting mold • Panasonic appliances refrigerators devices Singapore manufacture cast components for compressors. • The casting procedure including pouring melted iron between a mold made of sand and a sand core that is used to create a hollow space, and removing the component after is has cooled. • The core become unnecessary after the casting complete and the company conventionally carried it by crushing into sand and sending the sand to landfill.
  • 9. Panasonic example • Now it has started recycling this waste sand. Now breaking down the cast core and additionally treating and sorting it as core sand, it is reused in the production process. • Effective use of resources has enabled a significant reduction in the amount of waste and material procurement cost, waste sand disposal costs.
  • 10. Panasonic's solar lanterns being used in evening classes in villages without electricity in Cambodia
  • 11. Example of window 2 sustainability initiatives • Blue Bag Project • In line with our global sustainability approach, IKEA Indonesia offer the environmentally friendly IKEA Blue Bag to customers in place of plastic bags.
  • 12.
  • 13. People – planet - profit CSR urges corporate giants to work according to the triple bottom line. That means that company's must be concerned with their profits but at the same time they should also keep in consideration how they impact the people around them and whether their activities affect the planet in a harmful way or not. The triple bottom-line is a wide set of economic, environmental and social parameters used to encourage and then observe how valuable a firm is as a corporate citizen. The concept basically gives us a mechanism to measure what value businesses add to the world around them.
  • 14. Window 3 • Transforming the business model: • This theatre create new forms of business specifically to address social or environmental challenges. • Improved business performance—a requirement of initiatives in this window —is predicated on achieving social or environmental results.
  • 15. Hindustan Unilever’s Project Shakti (“empowerment”) • earlier business model followed by HUL customary wholesaler-to-retailer distribution model . • to reach remote villages, the company recruits village women, provides them with access to microfinance loans, and trains them in selling soaps, detergents door- to-door. ( home care, health care and hygiene care) • More than 65,000 women entrepreneurs now participate, nearly doubling their household incomes, on average, while increasing rural access to hygiene products and thus contributing to public health.
  • 17. Project Shakti • These social gains have been met by business gains for the company: As of 2012 Project Shakti had achieved more than $100 million in sales. • As Project Shakti demonstrates, window three programs need not be comprehensive. Most are narrow initiatives undertaken with a focused market segment or product line in mind, but with significant potential to alter the company’s social or environmental impact and financial performance.
  • 18. The Four Phases of CSR Development in India • The First Phase • In the first phase charity and philanthropy were the main drivers of CSR. • Culture, religion, family values and tradition and industrialization had an influential effect on CSR. • In the pre-industrialization period, which lasted till 1850, wealthy merchants shared a part of their wealth with the wider society by way of setting up temples for a religious cause
  • 19. The First Phase • With the arrival of colonial rule in India from the 1850s onwards, the approach towards CSR changed. The industrial families of the 19th century such as Tata, Godrej, Bajaj, Modi, Birla, Singhania were strongly inclined towards economic as well as social considerations.
  • 20. The Second Phase • In the second phase, during the independence movement, there was increased stress on Indian Industrialists to demonstrate their dedication towards the progress of the society. • This was when Mahatma Gandhi introduced the notion of "trusteeship", according to which the industry leaders had to manage their wealth so as to benefit the common man.
  • 21. The Third Phase • The third phase of CSR (1960–80) had its relation to the element of "mixed economy", emergence of Public Sector Undertakings (PSUs) and laws relating labour and environmental standards.
  • 22. The Fourth Phase • In the fourth phase (1980 - 2013) Indian companies started abandoning their traditional engagement with CSR and integrated it into a sustainable business strategy.
  • 23. Current State of CSR in India • The basic objective of CSR in these days : 1. to maximize the company's overall impact on the society and stakeholders. 2. Integrate CSR policies, practices and programs with business practices. 3. important for protecting the goodwill and reputation 4. defending attacks and increasing business competitiveness.[
  • 24. comprehensive method of development is adopted by some corporations • Bharat Petroleum Corporation Limited, • Maruti Suzuki India Limited. 1. Provision of improved medical and sanitation facilities, 2. building schools and houses 3. empowering the villagers and in process making them more self-reliant by providing vocational training
  • 25. Five Dimensions of Corporate Social Responsibility • Traditionally, companies have had one responsibility: to make a profit. But the concept of corporate social responsibility holds that companies should be responsible to more than just their owners. Corporate social responsibility holds that there are multiple dimensions that should affect a company's actions. Understand these dimensions when planning your own company's corporate social responsibility efforts. •
  • 26. • Environmental • The environmental dimension of corporate social responsibility refers to your business's impact on the environment. The goal, as a socially responsible company, is to engage in business practices that benefit the environment. For example, you might choose to use recycled materials in your packaging or ad renewable energy sources like solar power to your factory. • Social • The social dimension of corporate responsibility involves the relationship between your business and society as a whole. When addressing the social dimension, you should aim to use your business to benefit society as a whole. This could involve sourcing fair trade products, for example, or agreeing to pay your employees a livable wage. It could also involve taking on endeavors that benefit society, for instance using your resources to organize charitable fundraisers. • Economic • The economic dimension refers to the effect that corporate social responsibility has on the finances of your company. In an ideal world, where corporate social responsibility had no costs, there would be no reason to limit it. But in the real world it is important to recognize the financial impact that these actions have and to balance being a good corporate citizen with making a profit. • Stakeholder • The stakeholders are all of the people affected by your company's actions. These include employees, suppliers and members of the public. When considering the stakeholder dimension of corporate social responsibility, consider how your business decisions affect these groups. For example, you might be able to increase your output by having employees work more, but you should consider the impact it will have on them, not just your bottom line. • Voluntariness • Actions that fall into the voluntariness dimension are those that you are not required to do. These actions are based in what your company believes is the correct thing to do. They may be based in specific ethical values that your company holds. For example, you may believe that using organic products is the right thing to do even if you are not required to do so.