Any organisation that really wants to excel within it industry or sector and environs must ensure it carries out Corporate Social Responsibility regular.
Corporate Social Responsability (english version)BPI group
Currently, there is an abundance of information about CSR and its importance along the corporate landscape. Although it definitely is a critical matter for organizations today, we have entirely lost its true meaning in translation. Considering that corporate social responsibility is largely perceived to be a linear, big-picture business practice, our dossier has attempted to ground the topic by renewing the lens through which we understand what it truly means to be a socially and ethically responsible company today and tomorrow. This dossier on CSR provides different perspectives about the mutli-faceted expectations of the modern day enterprise. We encourage you to share your feedback and play a part in initiating an active dialogue about innovation, leadership and social advancement.
Les informations concernant la RSE et son importance dans les entreprises sont aujourd’hui abondantes. Malgré le fait qu’il s'agisse d’une démarche cruciale pour les organisations, cet afflux d’information nous en a fait perdre le sens.
Considérant que la RSE est largement aujourd’hui perçue comme un dispositif global, éloigné du quotidien des entreprises, notre dossier tente de revenir à ses fondements et de renouveler la lunette à travers laquelle nous envisageons ce qu’est et sera une entreprise socialement et éthiquement responsable.
Ce dossier sur la RSE offre des points de vue et visions divers de ce que doit être l’entreprise d’aujourd’hui dans une telle perspective, et des attentes qui reposent sur elle.
N’hésitez pas à partager ici vos réactions, points de vue critiques ou complémentaires, pour faire vivre et progresser le débat au service de l’innovation et du progrès social !
Corporate Social Responsability (english version)BPI group
Currently, there is an abundance of information about CSR and its importance along the corporate landscape. Although it definitely is a critical matter for organizations today, we have entirely lost its true meaning in translation. Considering that corporate social responsibility is largely perceived to be a linear, big-picture business practice, our dossier has attempted to ground the topic by renewing the lens through which we understand what it truly means to be a socially and ethically responsible company today and tomorrow. This dossier on CSR provides different perspectives about the mutli-faceted expectations of the modern day enterprise. We encourage you to share your feedback and play a part in initiating an active dialogue about innovation, leadership and social advancement.
Les informations concernant la RSE et son importance dans les entreprises sont aujourd’hui abondantes. Malgré le fait qu’il s'agisse d’une démarche cruciale pour les organisations, cet afflux d’information nous en a fait perdre le sens.
Considérant que la RSE est largement aujourd’hui perçue comme un dispositif global, éloigné du quotidien des entreprises, notre dossier tente de revenir à ses fondements et de renouveler la lunette à travers laquelle nous envisageons ce qu’est et sera une entreprise socialement et éthiquement responsable.
Ce dossier sur la RSE offre des points de vue et visions divers de ce que doit être l’entreprise d’aujourd’hui dans une telle perspective, et des attentes qui reposent sur elle.
N’hésitez pas à partager ici vos réactions, points de vue critiques ou complémentaires, pour faire vivre et progresser le débat au service de l’innovation et du progrès social !
The benefits of a corporate social responsibility campaignnicolasrouillon
This presentation tries to show that CSR using social media enables companies to increase their brand awareness, reputation and create communities that create an advantage for the brand.
Corporate Social Responsibility (CSR). It's goals, dimensions and benefits. 3 types of CSR - Ethical, Altruistic and Strategic. Socially Responsible Advertising. Innovative Social Cause Marketing Campaigns. Some Notable Cases of Corporate Social Irresponsibility. Some Responsible Corporations.
Government ethics and democratic participation reportMaj0815
Government Ethics and Democratic Participation include topics on Ethics and Public Opinion, Social Responsibility, Social Obligation & Social Responsiveness and Ethics of Corporate Social Responsibility.
Corporate Social Responsibility, or CSR, has received growing attention in the past decade. We’ll take a look at the roots of the concept, what it involves and some of the benefits which include lowered costs, improved employee satisfaction and a more positive impact on our world. We’ll also briefly discuss how many external vendors, from local energy auditors to FrontStream with our portfolio of tools, can help you accomplish CSR goals.
Power point used by Kai and Ibrahim during their presentation for the master of international business and corporate social responsibility in 2008 at de montfort University
The benefits of a corporate social responsibility campaignnicolasrouillon
This presentation tries to show that CSR using social media enables companies to increase their brand awareness, reputation and create communities that create an advantage for the brand.
Corporate Social Responsibility (CSR). It's goals, dimensions and benefits. 3 types of CSR - Ethical, Altruistic and Strategic. Socially Responsible Advertising. Innovative Social Cause Marketing Campaigns. Some Notable Cases of Corporate Social Irresponsibility. Some Responsible Corporations.
Government ethics and democratic participation reportMaj0815
Government Ethics and Democratic Participation include topics on Ethics and Public Opinion, Social Responsibility, Social Obligation & Social Responsiveness and Ethics of Corporate Social Responsibility.
Corporate Social Responsibility, or CSR, has received growing attention in the past decade. We’ll take a look at the roots of the concept, what it involves and some of the benefits which include lowered costs, improved employee satisfaction and a more positive impact on our world. We’ll also briefly discuss how many external vendors, from local energy auditors to FrontStream with our portfolio of tools, can help you accomplish CSR goals.
Power point used by Kai and Ibrahim during their presentation for the master of international business and corporate social responsibility in 2008 at de montfort University
IntroductionPatagonia The Responsible CompanySpecializing in .docxnormanibarber20063
Introduction
Patagonia: The Responsible Company
Specializing in outdoor clothing in a niche market, Patagonia, Inc. has long been considered a responsible company. Top executives make it apriority to convey the message that they care about their employees, their customers, and the environment. What does it mean to be aresponsible company? The founder and owner of Patagonia, Yvon Chouinard, has admitted that he did not intend for Patagonia to be anindustry leader in social and environmental responsibility when he started the company in 1972. Only after addressing a series of decisionsin product design, supply, and marketing did Patagonia executives realize that every business has responsibilities beyond profit. Chouinarddecided that he wanted to make a difference in the world by offering quality products that had minimal environmental impact and providingemployees with meaningful work.
In 1988, staff at one of the Patagonia stores began to experience headaches due to a malfunctioning ventilation system that was recirculatingformaldehyde into the air. The source of formaldehyde was linked to the finishing process of the cotton used in the company’s products. Byexploring the issue in detail, Patagonia discovered that formaldehyde in clothing could create adverse reactions for customers, includingcancers and other illnesses. In response, the company investigated the environmental impact of the materials in their clothing. Based on theirfindings, they initiated a switch to organic cotton that was not readily available. Working with suppliers in the United States and laterinternationally, Patagonia was able to secure a greater supply of organic cotton that is free from the harmful chemicals that can affectcustomers and employees as well as the environment. These types of situations have shown that being a responsible company entailsfocusing on a broad range of stakeholders and provides for a viable and sustainable business.
Patagonia has since become a leader in social responsibility. In their book, The Responsible Company (2012), Chouinard and Vincent Stanley,the company’s chief storyteller and editor of the Footprint Chronicles (the company’s website that provides transparency to the public byshowing the social and environmental impact of Patagonia products), share five elements of business responsibility as a model for othercompanies. These are responsibilities to:
1. The health of the business, including the obligation of a company to stay financially viable.
2. The workers, including caring for the people who make and sell its products.
3. Customers, focusing on the value of the products and services that satisfy the customers through truthful and honest relationships.
4. The community, which incorporates the varied interests of the neighborhoods and cities where they conduct business, including thevirtual community of blogs and social media.
5. Nature, by recognizing that our economy depends on nature and the resources that it provides. The a.
This presentation explains the concept of Corporate Social Responsibility and strategy ti=o implement it as well. At the same time, MICROSOFT CO. is chosen to illustrate the idea and as well explained how it managed to be the 1st in the the list of THE FORBES magazine.
Patagonia The Responsible CompanySpecializing in outdoor clothi.docxdanhaley45372
Patagonia: The Responsible Company
Specializing in outdoor clothing in a niche market, Patagonia, Inc. has long been considered a responsible company. Top executives make it a priority to convey the message that they care about their employees, their customers, and the environment. What does it mean to be a responsible company? The founder and owner of Patagonia, Yvon Chouinard, has admitted that he did not intend for Patagonia to be an industry leader in social and environmental responsibility when he started the company in 1972. Only after addressing a series of decisions in product design, supply, and marketing did Patagonia executives realize that every business has responsibilities beyond profit. Chouinard decided that he wanted to make a difference in the world by offering quality products that had minimal environmental impact and providing employees with meaningful work.
In 1988, staff at one of the Patagonia stores began to experience headaches due to a malfunctioning ventilation system that was recirculating formaldehyde into the air. The source of formaldehyde was linked to the finishing process of the cotton used in the company’s products. By exploring the issue in detail, Patagonia discovered that formaldehyde in clothing could create adverse reactions for customers, including cancers and other illnesses. In response, the company investigated the environmental impact of the materials in their clothing. Based on their findings, they initiated a switch to organic cotton that was not readily available. Working with suppliers in the United States and later internationally, Patagonia was able to secure a greater supply of organic cotton that is free from the harmful chemicals that can affect customers and employees as well as the environment. These types of situations have shown that being a responsible company entails focusing on a broad range of stakeholders and provides for a viable and sustainable business.
Patagonia has since become a leader in social responsibility. In their book, The Responsible Company (2012), Chouinard and Vincent Stanley, the company’s chief storyteller and editor of the Footprint Chronicles (the company’s website that provides transparency to the public by showing the social and environmental impact of Patagonia products), share five elements of business responsibility as a model for other companies. These are responsibilities to:
1 The health of the business, including the obligation of a company to stay financially viable.
2 The workers, including caring for the people who make and sell its products.
3 Customers, focusing on the value of the products and services that satisfy the customers through truthful and honest relationships.
4 The community, which incorporates the varied interests of the neighborhoods and cities where they conduct business, including the virtual community of blogs and social media.
5 Nature, by recognizing that our economy depends on nature and the resources that it provides. The au.
Illustrate the importance of societal wealth ventures, social respon.pdfanavmuthu
Illustrate the importance of societal wealth ventures, social responsibility, community outreach,
and giving back to the community in order to ensure balance between private and societal
interests
Solution
Although the activity of social responsibility is benefit for both social and business
organizational, the arguments for and against business social responsibility exist. There are
several reasons of agreement of the activity.
1 Best Interest of Business to Promote and Improve the Communities
Organizations, as members of society, have a moral obligation to help society deal with its
problems and to contribute to its welfare. It is the ethical thing to do by the business
organizations. A measurement should be made of whether the organization is performing such
activities as producing goods and services that people need, creating jobs for society, paying fair
wages, and ensuring worker safety.
People and organizations need each other. Social responsibility to employees extend beyond
terms and conditions of the formal contract of employment and give recognition to the workers
as a human being. People today have wider expectations of the quality of working life, included
justice is treatment, opportunities for consultation and participation, training in new skill and
technologies, effective personal and industrial relations policies, and provision of social and
leisure facilities. Organization should be, for example, give due consideration to the design of
work organization and job satisfaction, make very reasonable effort to give security of
employment, and provide employment opportunities for minority groups.
A number of leading companies have taken steps to develop more ethical cultures and system by
involving individual employees in corporate affairs. To provide or support some benefits to the
workers will lead to a good communities in the business organizations. Good communication in
the internal business would be leads to avoid miss understanding of each other. The workers
would then enjoy their work and work out more efficiency. The quality of goods and services of
the organization therefore increase. This will lead to profitable to the organization\'s business.
Therefore, the social responsibility is important in internal environment of the business too.
2 Improves Public Image of the Firm
To many people, responsibilities to consumers may be seen as no more than a natural outcome of
good business. There are, however, broader social responsibilities including providing good
value for money; the safety and durability of products or services; standard of after-sales service;
prompt and courteous attention to queries and complaints; long-term satisfaction, for example
serviceability, adequate supply of products or services, and spare and replacement parts; fair
standards of advertising and trading; full and unambiguous information to potential customers.
Increasing concern for social responsibilities to consumers can be seen by the activiti.
Similar to Business ethics and responsibility (20)
Human Resources Managers or Officers are required to carry out all necessary employment test on applicants before there are offered the job position applied for to ensure the organisation knows their capabilities before coming on-board to work as part of the organisations team.
Student Industrial Work Experience Scheme was establish by Federal Government of Nigeria in 1973 and it been head by Industrial Training Fund in line with the Federal Government and this is a SIWES report carried out in the Nigerian Airspace Management Agency, Calabar Airport.
A marketing mix presentation carried out by Wize Foods Company giving a brief description of what the marketing mix entails.
This will be of help to students, business organisations and researchers
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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1. Introduction
Ethics has efficient and effective role in an organisation even among groups that
come together to achieve a common goal due to the fact that it aids them organize
themselves and also their activities according to laid down rules and regulations,
core values and high moral conduct.
Business ethics has brought about high moral standard within organisations which
has guided the employees to compote their attitudes in order to be able to adapt to
the job description else without laid down rules and policies guiding an
organisation most employees would have acted on their own accord and
intelligence.
Organisation have vital roles to play within their host communities which has to do
with corporate social responsibilities such as; borehole installation, free
scholarship for all level of education, awareness of some newly introduced
diseases within the environment. Corporate social responsibility is mostly adopted
by public limited and private liabilities companies due to the fact it is been
considered that they have more resources available to them both finances and also
because they tend to use highly polluting machinery during the cost of their day-to-
day activities which creates environmental problems for the host communities by
endangering their lives and that of their livestock.
2. Chapter One
According to Peter Drucker (1955), of the Socio-economic school of thoughts says
“that management social responsibility goes well beyond the making of profit to
include protecting and improving society’s welfare”. This statement shows that
business organisations need to be socially responsible to the host community it
operates because there are part of the society and if the community is facing crisis
it will affect the organisation first and if such organisation doesn’t relate to the
community very well the occupants of the community will allow the organisation
to fold-up in the crisis and it wouldn’t affect them negatively because it will be
considered that they never created an impact during their existence within the
community.
Conventionally, 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.
Corporate social responsibility has been a part of contemporary business practice
since the 1990’s. There was a strong movement against the power that corporate
entities had over communities, labour practices, use of resources and the social
3. costs of operating businesses. Corporate social responsibility practices are mostly
philanthropic in nature, investing in communities through recreation, arts and
culture and social causes
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
4. 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. (M., 2018)
5. Chapter Two
Social responsibility is a form of self-regulation that businesses adopt as a part of
their corporate conscience and citizenship. Often referred to as corporate social
responsibility or CSR, this policy spurs businesses to develop means to monitor the
public’s social perception of them as a responsible business. The business goal of
social responsibility is to encourage the company’s actions toward the positive
impact of consumer, community and employee responsibility.
Voluntary Hazard Elimination
Companies involved with social responsibility often take action to voluntarily
eliminate production practices that could cause harm for the public, regardless of
whether they are required by law. For example, a business could institute a hazard
control program that includes steps to protect the public from exposure to
hazardous substances through education and awareness. A plant that uses
chemicals could implement a safety inspection checklist to guide staff in best
practices when handling potentially dangerous substances and materials. A
business that makes excessive noise and vibration could analyze the effects its
6. work has on the environment by surveying local residents. The information
received could be used to adjust activities and develop soundproofing to lessen
public exposure to noise pollution.
Community Development
Companies, businesses and corporations concerned with social responsibility align
with appropriate institutions to create a better environment to live and work. For
example, a corporation or business may set up a foundation to assist in learning or
education for the public. This action will be viewed as an asset to all of the
communities that it serves, while developing a positive public profile.
Philanthropy
Businesses involved in philanthropy make monetary contributions that provide aid
to local charitable, educational and health-related organizations to assist under-
served or impoverished communities. This action can assist people in acquiring
marketable skills to reduce poverty, provide education and help the environment.
For example, the Bill and Melinda Gates Foundation focuses on global initiatives
for education, agriculture and health issues, donating computers to schools and
funding work on vaccines to prevent polio and HIV/AIDS.
Creating Shared Value
7. Corporate responsibility interests are often referred to as creating shared value or
CSV, which is based upon the connection between corporate success and social
well-being. Since a business needs a productive workforce to function, health and
education are key components to that equation. Profitable and successful
businesses must thrive so that society may develop and survive. An example of
how CSV works could be a company-sponsored contest involving a project to
improve the management and access of water used by a farming community, to
foster public health.
Social Education and Awareness
Companies that engage in socially responsible investing use positioning to exert
pressure on businesses to adopt socially responsible behavior themselves. To do
this, they use media and Internet distribution to expose the potentially harmful
activities of organizations. This creates an educational dialogue for the public by
developing social community awareness. This kind of collective activism can be
affective in reaching social education and awareness goals. Integrating a social
awareness strategy into the business model can also aid companies in monitoring
active compliance with ethical business standards and applicable laws. (Davis,
2018)
8. Chapter Three
Legal obligation can be defined as moral or legal duty to perform or to not perform
some action. A binding, formal arrangement or an agreement to a liability to pay a
specified amount or to do a certain thing for a person or group of persons.
Self-imposed responsibility can be defined something that you require or expect of
yourself, rather than something required by another. (Yourdictionary, 2018).
An organisation that carries out legal obligations do things according to the way
and manner in which government formulated rules guiding such establishment has
been placed at the course of doing business within such environment whether
Multinational or Local companies.
Employees
Companies are responsible for providing employees with safe, healthy places to
work—as well as environments that are free from sexual harassment and all types
of discrimination. They should also offer appropriate wages and benefits. In the
9. following sections, we’ll take a closer look at these areas of corporate
responsibility.
Wages and Benefits
At the very least, employers must obey laws governing minimum wage and
overtime pay. A minimum wage is set by the federal government, though states can
set their own rates as long as they are higher. The current federal rate, for example,
is $7.25, while the rate in many states is far higher. By law, employers must also
provide certain benefits—social security (retirement funds), unemployment
insurance (protects against loss of income in case of job loss), and workers’
compensation (covers lost wages and medical costs in case of on-the-job injury).
Most large companies pay most of their workers more than minimum wage and
offer broader benefits, including medical, dental, and vision care, as well as
savings programs, in order to compete for talent.
Customers
The purpose of any business is to satisfy customers, who reward businesses by
buying their products. Sellers are also responsible—both ethically and legally—for
treating customers fairly.
10. The rights of consumers were first articulated by President John F. Kennedy in
1962 when he submitted to Congress a presidential message devoted to consumer
issues.25 Kennedy identified four consumer rights:
1) The right to safe products: A company should sell no product that it suspects
of being unsafe for buyers. Thus, producers have an obligation to safety-test
products before releasing them for public consumption. The automobile industry,
for example, conducts extensive safety testing before introducing new models
(though recalls remain common).
2) The right to be informed about a product: Sellers should furnish consumers
with the product information that they need to make an in- formed purchase
decision. That’s why pillows have labels identifying the materials used to make
them, for instance.
3) The right to choose what to buy: Consumers have a right to decide which
products to purchase, and sellers should let them know what their options are.
Pharmacists, for example, should tell patients when a prescription can be filled
with a cheaper brand-name or generic drug. Telephone companies should explain
alternative calling plans.
4) The right to be heard: Companies must tell customers how to contact them
with complaints or concerns. They should also listen and respond.
11. Companies share the responsibility for the legal and ethical treatment of consumers
with several government agencies: the Federal Trade Commission (FTC), which
enforces consumer-protection laws; the National Agency for Food and Drug
Administration Control (NAFDAC), which oversees the labeling of food products;
and the Consumer Product Safety Commission, which enforces laws protecting
consumers from the risk of product-related injury.
Taxation: organisations are required to pay tax and land fee to government
regulatory bodies so there can be allowed to operate freely.
Truthful Advertising: organisation are legal obligated to carry out truthful
advertisement on the type of product and services they render and the positive and
negative effects of such products to the end users.
Alternatively, legal obligations for organisation to carry out are always included in
the Companies Alliance Matters Acts. A contract can thus be seen as a legal
obligation because it is an agreement between two or more parties which creates a
legal obligation between them and is normally constituted by an offer and an
acceptance, companies that are legally obligated to their host community is as a
result of accepting an offer to give something in return for making use of their
land.
12. Self-imposed responsibility has to do with organisation taking it upon them to
adopt a particular social responsibility to carry out within the community they
operate. Many companies today are motivated when been “socially responsible”,
this is because they want to do the right thing. What is “right” for one group of
stakeholders isn’t necessarily just as “right” for another.
Philanthropy: this has to do with the organisation deciding to give out financial
assistance to the community inhabitants willing such as; youths and adult, to use
in meeting their physical needs at a particular time e.g. creation of new business
and furthering education.
Social Amenities: this is a point in which the organisation carries out rebranding
on the community welfare development; this will involve creation and renovation
of schools for the communities, availability of clean water e.g. bore-hole and pipe-
bore water.
Child Education: an organisation creates scholarship programs for children who
are knowledgeable but don’t have sufficient funds to further their educations and
those who don’t even have available funds to start schooling which encourages
them to be more serious in achieving greater heights.
Skills Acquisition Programs: Multinational companies creates skills acquisitions
programs for those individuals of the communities who intend learning a skill to
13. aid them have vocational jobs such as; soap making, bead making, event
decoration and fashion designing etc. skills acquisition programs helps the young
ones within an environment to get busy doing something that will stand as a source
of income to the family and reduce the rate of robbery.
Employment Opportunity: creation of jobs for the young school leavers who
haven’t obtain any form of employment over the years and jobs for those who have
required skills for some specified functional areas of the production unit. These
includes; labourers, truck drivers, cleaners etc.
Although, before an organisation will decide to carry out a self-imposed
responsibility within the host community they will have to carry out a proper
survey on the environment to know the areas which the community is lacking
behind and is seriously in need of solution. Most of these self-imposed
responsibilities will be: philanthropy, child education, awareness on child abuse,
sexual harassment and scholarship programs.
14. Chapter Four
When a business or an organisation undertakes an activity which impacts upon the
external environment then this affects that environment in ways which are not
reflected in the conventional accounting of that organisation. The environment can
be affected either positively, for example through a landscaping project, or
negatively, for example through the creation of heaps of waste from a mining
operation.
These actions of an organisation impose costs and benefits upon the external
environment. These costs and benefits are imposed by the organisation without due
consultation, and in reality it form part of the operational activities of the
organisation. These actions are however excluded from traditional accounting of
the firm and by implication from its area of responsibility.
15. Although we can say that such costs and benefits have been externalized. The
concept of externality therefore is concerned with the way in which these costs and
benefits are externalized from the organisation and imposed upon others.
Such externalized costs and benefits have traditionally been considered to be not
the concern of the organisation, and its managers, and hence have been excluded
from its accounting. It must be recognized however that the quantification of the
effect of such externalization, particularly from an accounting viewpoint, is
problematical and not easy to measure, and this is perhaps one reason for the
exclusion of such effects from the organizations accounting. It is probably fair to
state however that more costs have been externalized by organisation than benefits.
These environmental problems may include the following:
a. Air pollution: it has been in existence since the Industrial Revolution which
introduced the world to the belching factory smokestack. Air pollutants often
affects vegetations, which decrease agricultural yields and incur losses on
the timber industry; they deteriorate exposed construction materials through
corrosion, discoloration, or rot; they are destructive to health and life, which
has risen medical cost and reduction to enjoyment of living.
b. Acid rain: this is a threat to the environment that, like global warming, is
closely related to the combustion of fossil fuels (oil, coal, and natural gas),
16. which are heavily used by utilities to produce electricity. Burning fossils
fuels, particularly coal containing high levels of sulfur, releases large
quantities of sulfur oxides and nitrogen oxides into the atmosphere.
c. Airborne toxics: less catastrophic but highly worrisome air pollution threats
are the 2.4 billion pounds of airborne toxic substances released annually into
the western nation’s atmosphere, including phosgene, a nerve gas used in
warfare, and methyl isocyanate, which has killed so many people.
d. Water pollution: this is caused as a result of oil spillage from oil exploration
companies during drillage
e. Land pollution: this is caused as a result of dirt loitered around the vicinity
from which such organisations operate such as; incinerators, this could cause
ailment for the occupants of the community like malaria parasite and
cholera.
17. Chapter Five
Conclusionand Summary
In as much as profit making is paramount to profit oriented organizations, so the
environmental development of an area – socially, physically, and economically – is
to the people of the community hosting an organisation. CSR as a theory is now a
global paradigm that has gained momentum as a result of globalization in the sense
that business transactions and relationships are created on the condition of CSR
reporting and compliance.
It is very necessary for all organisations that want to succeed within an
environment to help the occupants the little way there can by providing social
amenities, educational support, customer satisfaction, employment opportunity etc.
to the external community and there should endeavor to create ways in which there
can reduce the risk of environmental hazards to the immediate community by using
18. recycled materials in a products manufacture and also use electronic accelerator
that reduces waste fuel.
19. References
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Olanrewaju, U. (2014, September 26). Corporate social responsibility (CSR) of corporations to
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