This document discusses corporate social responsibilities (CSR). It provides several definitions and explanations of CSR. CSR is defined as a process by which companies manage their relationships with stakeholders to have a positive social impact. It involves using business strategies and processes to integrate economic, environmental and social objectives. CSR goes beyond legal obligations and involves voluntarily improving communities and society. Companies are expected to consider how their actions affect others and the environment. The document outlines the various dimensions of CSR including economic, legal, ethical, philanthropic and environmental responsibilities. It discusses the role of CSR in India including relevant laws and examples of CSR programs implemented by major Indian companies.

1. CORPORATE SOCIAL
RESPONSIBILTES
YASHLEEN KAUR
6TH SEM BBA

2. About this template
CORPORATE SOCIAL RESPONSIBILITES
• CSR is a process by which an organization thinks about and evolves its
relationships with stakeholders for the common good and demonstrates its
commitment in this regard by adoption of appropriate business processes
and strategies. Thus, CSR is no charity or mere donations.
• CSR is a way of conducting business, by which corporate entities visibly
contribute to the social good. Socially responsible companies use CSR to
integrate economic, environmental and social objectives with the
company’s operations and growth.
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3. About this template
CSR EXPLANATION
• Many other names are used to refer to CSR such as socially responsible business, responsible
business conduct, responsible entrepreneurship, corporate citizenship, corporate accountability
or corporate sustainability.
• It is the continuing commitment by businesses to behave ethically & contribute to economic
development while improving the quality of life of the workforce & their families ,local
communities and the society at large
• CSR requires companies to acknowledge that they should be publicly accountable not only for
their financial performance but also for their social and environmental record.
• It encompasses the extent to which companies should promote human rights, democracy,
community improvement and sustainable development objectives throughout the world.
• CSR is the commitment of businesses to contribute to sustainable economic development
working with employees, their families, the local community and society at large to improve their
quality of life in ways that are both for business and good for international development.
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4. About this template
WHAT IS CSR?
• CSR is an extended model of corporate governance based on the fiduciary
duties owed to all the firm’s shareholders.
• It is about how companies manage the business processes to produce an
overall positive impact on the society.
• It is the responsibility of corporations to go above and beyond what the law
requires them to do.
• It is the responsibility of corporations to contribute to a better society and
cleaner environment.
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5. About this template
REASONS FOR CSR ACTIVITES?
• CSR activities are important to and even expected by the public And they are
easily monitored worldwide CSR activities help organizations hire and retain
the people they want CSR activities contribute to business performance
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6. 6
BASIC CONSTITUENTS OF CSR ACTIVITES?
Contribute
towards
sustainable
economic
development
Make
desirable
social
changes
Improvement
of social
environment
Towards
business and
society

7. ELEMENTS OF CSR
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DISCRETIONARY
RESPONSIBILITY
ETHICAL
RESPONSIBILTY
LEGAL RESPONSIBILITY
ECONOMIC RESPONSIBILITY
Philanthropy : contribute to
the community: Be a good
corporate citizen
Licence to operate :
Be ethical. Do what
is right. Avoid harm
Attain profit within
confinement of the
law. Obey the law Be
profitable:
Produce
goods and
services to
attain profit

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Philanthropic Responsibilities: One of the best-known aspects of social
responsibility is philanthropy. Companies take actions that improve the society
around them, such as donating money or products and volunteering time. By
helping those in need, businesses make a positive difference in the lives of
people in their communities.
Ethical Actions: As one of the most important elements of social responsibility,
ethical actions define the core values of a business. Instead of merely abiding by
the law, a business that focuses on corporate social responsibility needs to go
above and beyond that and make choices based on what is right, not just what
is legal.

10. 10
Legal Aspects: From a legal perspective, it’s critical for businesses to follow the letter of
the law. In addition to being aware of local, federal and international laws, companies also
need to understand the rules of regulatory bodies for their industries. All businesses have
a legal responsibility to do so.
Economic Interests: Part of being socially responsible is remaining profitable. Businesses
support a lot of people, including shareholders and investors, employees and partners. It
is socially responsible for the company to thrive and meet its revenue goals. In addition to
increasing revenue, businesses need to work to reduce expenses and costs so they can
maximize their profits.
However, economic interests are not the only guideposts and should not be viewed in a
vacuum. Businesses maintain profitability and minimize expenses by keeping the broader
community in mind and not taking any actions to harm it. This means ethical sourcing of
products, using sustainable business practices, treating employees and customers fairly,
and taking responsibility for business actions.

11. CSR PRINCIPLES & STRATEGIES
 Respect for human rights.
 Respect for the differences of views.
 Diversity & non-discrimination should be the guiding principle.
 Make some social contribution.
 Enter into e dialogue Self-realization & creativity.
 Fair dealings & collaboration.
 Feedback from the community.
 Positive value- added Long term economic & social development.
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12. NEED OF CSR
◉ To reduce the social cost. •
◉ To enhance the performance of employees
◉ It a type of investment.
◉ It leads to industrial peace.
◉ It improves the public image.
◉ Can generate more profit.
◉ To provide moral justification.
◉ It satisfies the stakeholders.
◉ Helps to avoid government regulations & control.
◉ Enhance the health by non polluting measures.
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13. BEST PRACTICE OF CSR
◉ To set a feasible, Viable & measurable goal.
◉ Build a long lasting relationship with the community.
◉ Retain the community core values.
◉ The impact of the CSR needs to be assessed.
◉ Reporting the impact.
◉ Create community awareness.
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14. DIMENSIONS OF CSR
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ECONOMIC RESPONSIBILITES : The economic dimension of CSR includes any aspect related to the
supply chain of organizations, the management of customers, consumers or users and the socially
responsible development of fiscal activity.
A responsible supply chain is vital to any organization, as inadequate management negatively affects its
environmental and social impact, as well as its corporate reputation one of the most valued intangibles
today, and one of the most complicated to revalue.
On the other hand, the management of customers, consumers and users under responsible
criteria helps to improve the quality of products, services and internal processes, promotes
innovation and contributes to finding new market niches, among other benefits.
Finally, the fiscal responsibility is key to boosting the positive economic and social impact in the
communities in which they carry out their activity, as well as in society in general.
Financial profit, economic growth and asset creation. Economic impact through business processes
such as outsourcing, knowledge innovation and social investments. Monetary support for political
parties. Stock exchange activities including insider trading. Economic regulation and tax incentives.
Intellectual property rights, patents, and trademarks etc. Antitrust and competition. State contracts and
state subsidies.

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SOCIAL RESPONSIBILTY : A few years ago, CSR was confused with social action or philanthropy, CSR
goes much further. In fact, social action is a small part of of CSR
The social dimension includes those activities that organizations carry out in collaboration with other
entities or on their own initiative and which have a positive impact on society and in the local communities
where they operate.
Labor rights: Slave, forced, child labor, non-discrimination, equal opportunities, minimum wages ,health &
safety. Right to work :Protection against unjustified dismissals, vocational training /guidance. Right to hold
opinions :Freedom of expression,thought,conscience and religion. Right to Privacy: Drug testing, Personal
information, Surveillance etc. Cultural rights. Rights to take part in political life. Right to family life.

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ENVIRONMENTAL RESPONSIBILTY : Currently, our relationship as a society with the environment is
going through a very delicate moment. There are many challenges that we face in this area,
from climate emergency. The fight against the plastic waste. The loss of biodiversity, etc.
In addition to meeting these challenges, environmental management allows organizations to reduce
costs, become more competitive and even retaining and attracting talent among many other benefits.
UN convention on biodiversity: Ex situ & In situ conservation & use of genetic material & technology
transfer. Use and handling of genetically modified organisms. Greenhouse gas emissions and global
warming. Soil & water contamination. Treatment and reduction of waste water. Eco-efficiency.
Recycling and reuse of materials . Protection of forest resources.

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SOME NOTABLE IRRESPONSIBILTES OF CSR
• Nike factories in Asia were criticized for employing young children in
extremely poor working conditions.
• Explosion at Union Carbide Ltd-Bhopal ,India in Dec ,1984 caused
thousands of deaths and rendered many people disabled due to leakage of
MIC gas.
• Fraudulent accounting manipulations led to collapse of Houston based
Enron corporation .

19. FOR THE CSR
◉ Corporate should have some moral
& social obligations to undertake
for the welfare of the society.
◉ Proper use of resources, capability
& competence.
◉ The expenditure on CSR is a sort of
investment.
◉ Company can avoid many legal
complications.
◉ It create a better impression.
◉ Corporate should return a part of
wealth.
AGAINST THE CSR
◉ Fundamental principles of business
gets violated.
◉ It vey expensive for business
houses.
◉ CSR projects will not be successful.
◉ There are not the special areas of
any business.
◉ CSR is to induce them to steal
away the shareholders money.
ARGUMENTS
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ROLE OF LAW IN CSR
Law Corporate Social Responsibility
The Act requires companies with a net worth of ₹500 crore or more, or turnover
of ₹1,000 crore or more, or a net profit of ₹5 crore or more during the
immediately preceding financial year, to spend 2 % of the average net profits of
the immediately preceding three years on CSR activities.

21. BENEFITS OF CSR
◉ Increased employee loyalty and retention. Increased quality of
products and services
◉ Increased customer loyalty.
◉ Increased reputation and brand image.
◉ Greater productivity and quality. Reduced regulatory oversight .
◉ Access to capital and market.
◉ Product safety and decreased liability. Less volatile stock value.
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22. TOP INDIAN COMPANIES IN CSR
1. Godrej Consumer Products Limited
2. Infosys Limited
3. Wipro Limited
4. Tata Chemicals Limited
5. ITC Limited
6. Jubilant Life Sciences Limited
7. Grasim Industries Limited
8. Vedanta Limited
9. Tata Power Company Limited
10. JSW Steel Limited
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23. CSR ACTIVITES IN INDIA
STARTING SOCIAL TRUST
◉ Anti pollution measures Adopting villages
◉ Family planning clinics Training unemployed youth Community
development activities
◉ Conducted social audits on a voluntary basis Provide medical
Recreational facilities
◉ To develop sports, Undertake consumer education campaigns etc.
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24. CSR INTIATIVES
◉ CSR Initiative is India Tata Group - TIFR , TISS , Tata Cancer Hospital,
Ratan Tata Institute , JRD Tata Lecture Series — Awards. Nationalization
of Tata enterprises Ambuja Cement receives International
Reorganization for Di- Salianation Project in Costal Gujarat
◉ CSR Initiative is India Wipro — Donation of 1/4th of Personal Worth's by
Owners for Social Cause JSW Steel in Dolvi - Pen , Maharashtra
Provides free electricity to nearby villages through surplus of captive
unit o Indian Automobile industry promotes use of CNG for Public
Transport Solar Energy Street Lightning by various corporate
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CONCLUSION:
CSR is the heart and soul of modern corporations and is an important
standard for corporate governance. CSR is an indispensable mechanism for
both increased corporate accountability, profitability and environmental
sustainability. CSR is the pole star for modern corporations in order to
maintain the integrity of moral fabrics both inside and outside the corporation
while conducting socially responsible business.

26. MCQ’S

27. 1
CSR includes all these EXCEPT
◉ A. Economic responsibilities
◉ B. Legal responsibilities
◉ C. Ethical responsibilities
◉ D. Personal responsibilities
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28. 2
CSR field is closely linked with that of
◉ A. Sustainable revolution
◉ B. Sustainable improvement
◉ C. Sustainable development
◉ D. Sustainable living
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29. 3
The ___________ dimension of social responsibility
refers to a business’s societal contribution of time,
money & other resources
◉ A. Ethical
◉ B. Philanthropic
◉ C. Volunteerism
◉ D. Strategic
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30. 4
As per the Companies Act 2013, every company on
which CSR is applicable should spend, in every
financial year, at least ___ % of the average net profits
made during the 3 immediately preceding financial
years
◉ A. 5
◉ B. 2
◉ C. 3
◉ D. 4
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31. 5
The CSR activities shall be undertaken by the
company, as per its CSR Policy, excluding activities
◉ A. Undertaken by other companies in the same region
◉ B. Undertaken in pursuance of its normal course of
business
◉ C. Undertaken by other NGO’s in the same field
◉ D. Undertaken by Government
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32. 6
‘P&G Shiksha - Buy P&G products, Help build schools’ is a campaign run
by P&G for the marketing & branding of its products like ‘Tide’, ‘Ariel’,
‘Head & Shoulder’ etc. Which of the following statements best reflect
this example?
◉ A. A company can fool the customers through such emotional
campaigns
◉ B. A company can misuse CSR activities to convert customer needs &
wants into purchase
◉ C. A company is able to tie purchase that is otherwise seen as non-
essential to something larger than the product
◉ D. A company can exploit CSR platforms for converting prospects or
non- users to users or customers through such campaigns
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THANK YOU