 Corporate socialresponsibility cameintocommon useinthelast1960andearly1970
 Corporate socialresponsibility is also know as corporate conscience , corporate
responsiveness , social performance e.t.c
Corporatesocialresponsibility :
- emphasizes obligation and accountability to society
corporate social responsiveness:
- emphasizes action, activity
corporate social performance :
-emphasizes outcome result
Continue ..
 Corporate social responsibility (CSR) is process
in which business negotiator their role in society
 CSR is to embrace responsibility to for
company's action and encourage a positive
impact through it activity on environment
consumer ,employee , customer , stakeholder
and other
Difference between CSR
& charity
 Charity :
- means donating money , goods, time or efforts
-For poor and needy cause
- It is selfless giving toward any kind of social need
 CSR :
- It is hoe company align their value to social cause
-It can be people centric or plant centric
-It is not selfless act, company long term benefit from CSR
Csr in India
 According to the new companies bill 2013, it is
mandatory for all the companies of a certain
size to spend 2% of their 3 years average annual
profit towards CSR.
 Every company that have net worth of Rs. 500
crore or more, or turnover of Rs. 1000 crore or
more, or a net profit of Rs. 5 crore or more
during any financial year fall under the norms
of CSR.
Contd…
 It is estimated that around 8,000
companies would fall under the Bill's
ambit and this mandate would
translate into an estimated CSR
spending of Rs 12,000-15,000 crore
annually.
 The rules of CSR are proposed to be
implemented from financial year
2014-2015.
Impotence of csr
For
Management
For Society
For Govt.
For
Employees
For
Environment
Contd…
 Society :- The most way in which scope of
social responsibility can be viewed is term
of social concern & promotion of common
welfare programmer for the upliftment of
poor & needful public
 Employee :-Aver increasing corporation
social responsibility reflect the growing
expectation of the employees about the
growing role of company in society & the
response of the companies toward
community
Contd…
 Environment :-Many organizations
like TATA,ITC& many more are helping
people to harmonize with nature by
reducing pollution social responsibility
is not only improving the external
environment which include improving
quality of working life, reducing
hazard in working place ,equality in
environment e.t.c
Contd…
 Management:- corporate contribute
eariler was limited to financial
donation this way to more holistic
approach as employee are now
getting involved & companies likes
GE,TATA, INFOOSYS e.t.c encourage
their employee to give back to
community who sustain their business
Advantage OF CSR
Brand
Differentiation
Build Brand
loyalty
Reputation
&Brand
Attractivenes
s
Investment in
‘ethnical Brand
equity
New markets ,
products&
services
Business
development
License to
operate
Better
management
and conservation
of strategic
asset
Better internal&
external
relationship
Thank you!

Corporate social responsibility

  • 2.
     Corporate socialresponsibilitycameintocommon useinthelast1960andearly1970  Corporate socialresponsibility is also know as corporate conscience , corporate responsiveness , social performance e.t.c Corporatesocialresponsibility : - emphasizes obligation and accountability to society corporate social responsiveness: - emphasizes action, activity corporate social performance : -emphasizes outcome result
  • 3.
    Continue ..  Corporatesocial responsibility (CSR) is process in which business negotiator their role in society  CSR is to embrace responsibility to for company's action and encourage a positive impact through it activity on environment consumer ,employee , customer , stakeholder and other
  • 4.
    Difference between CSR &charity  Charity : - means donating money , goods, time or efforts -For poor and needy cause - It is selfless giving toward any kind of social need  CSR : - It is hoe company align their value to social cause -It can be people centric or plant centric -It is not selfless act, company long term benefit from CSR
  • 5.
    Csr in India According to the new companies bill 2013, it is mandatory for all the companies of a certain size to spend 2% of their 3 years average annual profit towards CSR.  Every company that have net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore or more, or a net profit of Rs. 5 crore or more during any financial year fall under the norms of CSR.
  • 6.
    Contd…  It isestimated that around 8,000 companies would fall under the Bill's ambit and this mandate would translate into an estimated CSR spending of Rs 12,000-15,000 crore annually.  The rules of CSR are proposed to be implemented from financial year 2014-2015.
  • 7.
    Impotence of csr For Management ForSociety For Govt. For Employees For Environment
  • 8.
    Contd…  Society :-The most way in which scope of social responsibility can be viewed is term of social concern & promotion of common welfare programmer for the upliftment of poor & needful public  Employee :-Aver increasing corporation social responsibility reflect the growing expectation of the employees about the growing role of company in society & the response of the companies toward community
  • 9.
    Contd…  Environment :-Manyorganizations like TATA,ITC& many more are helping people to harmonize with nature by reducing pollution social responsibility is not only improving the external environment which include improving quality of working life, reducing hazard in working place ,equality in environment e.t.c
  • 10.
    Contd…  Management:- corporatecontribute eariler was limited to financial donation this way to more holistic approach as employee are now getting involved & companies likes GE,TATA, INFOOSYS e.t.c encourage their employee to give back to community who sustain their business
  • 11.
    Advantage OF CSR Brand Differentiation BuildBrand loyalty Reputation &Brand Attractivenes s Investment in ‘ethnical Brand equity New markets , products& services Business development License to operate Better management and conservation of strategic asset Better internal& external relationship
  • 12.

Editor's Notes

  • #3 1.Corporate socail resposibility came in to commom use in the laste 1960 and early 1970 2 csr is also know as corporate consceience , corporate reponsiveness , social perforance e.t.c 3. csr:- emphasizes obligation and accountability to society 4.corporate socail responsiveness : emphasizes action , activety 5. corporate social performance :emphasizes outcome result