Corporate Social Responsibility (CSR) refers to a company's self-regulated efforts to monitor its compliance with ethical standards and legal obligations to customers, employees, and communities. CSR goes beyond charitable donations by integrating responsibility into business models through risk management, value creation for customers, and corporate philanthropy. For companies, CSR means ensuring high product and environmental standards, treating operating environments with respect, and giving back to society with genuine motives. Consumers and communities should also actively demand that companies uphold global compliance and responsibility standards. The overriding goal of business should be making a positive difference rather than solely pursuing profits.

1. Corporate Social Responsibility
Their Business or Our Business?
Gbenga Oluwabamise 2013

2. To most people, CSR simply
means giving back
• Giving to indigent
individuals and
communities
• Planting trees at
roundabouts
• Patching potholes
all over the place

3. What does CSR really mean?
It’s a form of corporate selfregulation integrated into a
business model.
CSR policy functions as a built-in, selfregulating instrument through which a
business monitors and ensures its active
compliance with the spirit of the law,
ethical standards, and international norms.

4. There are three basic
forces that drive
CSR

5. Value Creation
Ensuring the customers get the right value
for their money.
Risk management
Compliance to mitigate operational risk and
impact
Corporate philanthropy
Giving back to the society

6. Corporate Social Responsibility is way beyond
giving handouts while corporate organisations
shirk their responsibilities to customers,
operating environments and society at large.

7. It is about companies doing the right things by...
-ensuring the right standards are maintained
-showing love and respect to their
Operating environment by complying
with global safety standards.
-giving back to the society with a genuine motive

8. So what have all these got to do with us?
• As consumers and members of the
ecosystem; we need to actively keep
organisations on their toes by
demanding our rights and ensuring
they comply with global standards in
every way.
• As a corporate organisation,
we need to understand and
stay committed to our
responsibility towards our
consuming publics.

9. Moral of the story
“Any business that
makes nothing but
money is a poor
kind of business”
The overriding motivation of business organisations should be to
make a difference

10. Final curtain call
“If you can, help
others; if you cannot
do that, at least do
not harm them.”
Dalai Lama XIV

11. Shukrani
nyingi