This document discusses concepts and drivers related to corporate social responsibility (CSR). It outlines key CSR concepts like social contract theory and stakeholder theory. It then examines the context of CSR globally and key drivers like NGO activism, responsible investment, litigation, and government initiatives. The document also explores implications of CSR for enterprises, like managing their value chains and sphere of influence, adopting codes of conduct, and implementing compliance and reporting systems. Finally, it discusses implications of CSR for development through its cascade effects on global value chains and members' labor and environmental practices.
This document discusses concepts and implications of corporate social responsibility (CSR). It outlines key CSR drivers like NGO activism, responsible investment, and litigation that have pushed firms to adopt CSR. It also examines implications for enterprises, like developing codes of conduct and CSR management systems to govern global supply chains. For development, the document notes CSR can help cascade standards to suppliers but may also constrain growth if taken too far. Overall, the document provides an overview of CSR concepts, drivers, and implications for businesses and developing countries.
This document discusses concepts and implications of corporate social responsibility (CSR). It outlines key CSR drivers like NGO activism, responsible investment, and litigation that have pushed firms to adopt CSR. Firms now manage CSR through codes of conduct, compliance systems, and reporting to influence their value chains. While CSR may benefit development by improving labor standards and management techniques, some argue it could also suppress jobs and competition in developing countries. Empirical evidence on the economic impacts of CSR is mixed.
This document discusses corporate social responsibility (CSR). It covers key CSR concepts like the social contract and stakeholder theory. It also outlines some of the main issues in CSR like labor rights, environmental conditions, and human rights. Additionally, it examines the global context and key drivers of CSR such as NGO activism, responsible investment, litigation, and government initiatives. Finally, the document explores implications for enterprises like CSR management systems and implications for development through experiments to quantify the relationship between CSR and economic growth.
Corporate social responsibility (CSR) has several key implications for enterprises and development according to this document. CSR management involves developing codes of conduct, compliance systems, and reporting to address social and environmental issues. As CSR cascades through supply chains, it can influence labor conditions and transfers in developing countries. While CSR may help compensate for weak legal environments, some argue it could also suppress employment and hold back growth in poor nations. The document examines how CSR is addressed and impacts multinational corporations and development.
business and societies - possibilities and linkages -----by sumit mukherjee,N...sumit mukherjee
The document discusses the concepts of corporate social responsibility (CSR) and business ethics. It provides definitions of CSR and explains that while CSR activities and ethics are linked, CSR does not guarantee ethical behavior. The document also outlines various reasons for companies to engage in CSR activities and discusses frameworks for integrating social objectives and business goals. It notes the influence of culture and top management on organizational ethics.
CH 3 ETHICS AND SOCIAL RESPONSIBILITY Shadina Shah
This document discusses ethics and social responsibility in international business. It examines major ethical issues faced by multinational corporations operating in different countries. These include employment practices, human rights, and corruption. It also discusses corporate social responsibility and sustainability initiatives. Companies are under pressure to act in socially and environmentally responsible ways. Initiatives like the UN Global Compact aim to increase corporate accountability and limit corruption globally.
Corporate Social Responsiblity, Ethics & Sustainabilitypercydeigh
This document discusses corporate social responsibility (CSR) and related topics. It provides context on why CSR has become important, noting corporate scandals, consumer cynicism, and demands for transparency. CSR is defined as considering society and stakeholder interests beyond legal obligations. The document outlines CSR's economic, social, and environmental dimensions and drivers of CSR development. It compares Western and African perspectives on CSR and the roles of governments and standards in facilitating CSR practices.
Social Responsibilities of business & business ethicsVarsha Dubey
This document discusses the social responsibility of business. It defines social responsibility as business decisions and actions that are desirable to society. It provides arguments both for and against social responsibility, such as justifying a business's existence and avoiding government regulation as reasons for, and violating profit goals and burdening consumers as reasons against. The document also covers the different types of social responsibility businesses have and how they relate to stakeholders, as well as the role of businesses in environmental protection and the importance of business ethics.
This document discusses concepts and implications of corporate social responsibility (CSR). It outlines key CSR drivers like NGO activism, responsible investment, and litigation that have pushed firms to adopt CSR. It also examines implications for enterprises, like developing codes of conduct and CSR management systems to govern global supply chains. For development, the document notes CSR can help cascade standards to suppliers but may also constrain growth if taken too far. Overall, the document provides an overview of CSR concepts, drivers, and implications for businesses and developing countries.
This document discusses concepts and implications of corporate social responsibility (CSR). It outlines key CSR drivers like NGO activism, responsible investment, and litigation that have pushed firms to adopt CSR. Firms now manage CSR through codes of conduct, compliance systems, and reporting to influence their value chains. While CSR may benefit development by improving labor standards and management techniques, some argue it could also suppress jobs and competition in developing countries. Empirical evidence on the economic impacts of CSR is mixed.
This document discusses corporate social responsibility (CSR). It covers key CSR concepts like the social contract and stakeholder theory. It also outlines some of the main issues in CSR like labor rights, environmental conditions, and human rights. Additionally, it examines the global context and key drivers of CSR such as NGO activism, responsible investment, litigation, and government initiatives. Finally, the document explores implications for enterprises like CSR management systems and implications for development through experiments to quantify the relationship between CSR and economic growth.
Corporate social responsibility (CSR) has several key implications for enterprises and development according to this document. CSR management involves developing codes of conduct, compliance systems, and reporting to address social and environmental issues. As CSR cascades through supply chains, it can influence labor conditions and transfers in developing countries. While CSR may help compensate for weak legal environments, some argue it could also suppress employment and hold back growth in poor nations. The document examines how CSR is addressed and impacts multinational corporations and development.
business and societies - possibilities and linkages -----by sumit mukherjee,N...sumit mukherjee
The document discusses the concepts of corporate social responsibility (CSR) and business ethics. It provides definitions of CSR and explains that while CSR activities and ethics are linked, CSR does not guarantee ethical behavior. The document also outlines various reasons for companies to engage in CSR activities and discusses frameworks for integrating social objectives and business goals. It notes the influence of culture and top management on organizational ethics.
CH 3 ETHICS AND SOCIAL RESPONSIBILITY Shadina Shah
This document discusses ethics and social responsibility in international business. It examines major ethical issues faced by multinational corporations operating in different countries. These include employment practices, human rights, and corruption. It also discusses corporate social responsibility and sustainability initiatives. Companies are under pressure to act in socially and environmentally responsible ways. Initiatives like the UN Global Compact aim to increase corporate accountability and limit corruption globally.
Corporate Social Responsiblity, Ethics & Sustainabilitypercydeigh
This document discusses corporate social responsibility (CSR) and related topics. It provides context on why CSR has become important, noting corporate scandals, consumer cynicism, and demands for transparency. CSR is defined as considering society and stakeholder interests beyond legal obligations. The document outlines CSR's economic, social, and environmental dimensions and drivers of CSR development. It compares Western and African perspectives on CSR and the roles of governments and standards in facilitating CSR practices.
Social Responsibilities of business & business ethicsVarsha Dubey
This document discusses the social responsibility of business. It defines social responsibility as business decisions and actions that are desirable to society. It provides arguments both for and against social responsibility, such as justifying a business's existence and avoiding government regulation as reasons for, and violating profit goals and burdening consumers as reasons against. The document also covers the different types of social responsibility businesses have and how they relate to stakeholders, as well as the role of businesses in environmental protection and the importance of business ethics.
This document provides an overview of corporate social responsibility (CSR) and its implementation among low-fares airlines. It begins with definitions of CSR and its evolution from corporate philanthropy. It then discusses the current state of CSR among members of the European Low Fares Airline Association (ELFAA), finding that while some report on CSR activities, none produce a standalone annual CSR report. The document examines advantages and challenges of adopting CSR, and provides recommendations for how ELFAA could help facilitate greater CSR implementation, such as developing sector-wide CSR policies and sharing best practices. It concludes by noting the potential role ELFAA could play in providing leadership on CSR issues within the aviation industry.
This document summarizes key themes from a corporate responsibility course lecture, including: 1) Sustainability is driven by both politics and stakeholders; 2) Corporate responsibility is increasingly seen as an opportunity rather than just a risk management issue; 3) Regulation and voluntary approaches both have roles to play in driving responsibility; 4) Integrating sustainability into core business strategy and operations is difficult but shows true strategic commitment.
There are three dimensions to effective business ethics compliance: voluntary practices, mandated boundaries, and core practices. Laws and regulations establish minimum standards for responsible behavior and fall into five main categories: regulating competition, protecting consumers, protecting equity and safety, protecting the environment, and those that encourage ethical conduct. Oversight organizations like the EPA help ensure businesses meet legal and ethical standards.
The triple bottom line (TBL) framework evaluates a company's performance across three dimensions of social, environmental and financial sustainability. It was first coined by John Elkington in 1998 to describe a business's accountability to its stakeholders, including people, planet and profit. A TBL company considers the well-being of its employees, reduces its environmental impact through sustainable practices, and creates real economic value for the community rather than just profits for shareholders. All three pillars are interdependent, and a truly sustainable business model avoids harmful products and accounts for full life cycle costs and disposal to minimize its ecological footprint.
Ethical dilemmas arise when individuals or groups must choose between options that involve wrongdoing or unethical actions. Common sources of ethical dilemmas include work-life balance issues, heavy workloads, unfair work distribution, lack of recognition, and office politics. Some examples of ethical dilemmas discussed are bribery, deception, handling black money, environmental issues, technological challenges, and deceptive advertising. Guidelines for managing ethical dilemmas include considering the overall benefits and costs (utility approach), respecting human rights, and ensuring a fair and just distribution of rewards and burdens (justice approach).
Corporate Governance: An Ethical PerspectivePeter Chambers
The document discusses several topics related to business ethics and governance:
1. It discusses failures of governance that contributed to the global financial crisis, including a lack of understanding of risk at board levels and remuneration strategies that encouraged inappropriate risk-taking.
2. It outlines some key drivers of ideas about ethical business practices, including OECD governance principles, statutes, governance codes and guidance, developments in practice, and stakeholder pressure.
3. It provides examples of governance codes and recommendations from reports that emphasize the importance of issues like diversity, accountability, transparency, and managing conflicts of interest.
The document discusses responsible investing (RI), which considers environmental, social and governance factors in investment decisions. It provides background on stockholders and their objectives to generate returns. RI aims to achieve social or ethical objectives in addition to financial returns. The document outlines the history and typical processes of RI funds, including commonly used screens to identify companies aligned with environmental and social values. It also discusses indices used to measure RI performance and findings that RI funds do not typically outperform or underperform conventional funds.
This document discusses ethics in international business. It begins by defining business ethics and outlining some common ethical issues that arise in international business, such as differing employment practices, human rights, environmental regulations, corruption, and the obligations of multinational corporations. The document then examines these issues in more depth and provides examples. It also discusses ethical dilemmas, the roots of unethical behavior such as personal ethics, decision-making processes, organizational culture, performance expectations, leadership, and societal culture. Finally, it outlines processes and models for ethical decision-making.
The triple bottom line (TBL) refers to an accounting framework that incorporates three dimensions of performance: financial, social and environmental. It measures organizational success beyond just financial measures, considering how activities affect people and the planet. The TBL consists of three bottom lines: profit (economic value), people (social value), and planet (environmental value). While it aims to benefit stakeholders rather than just shareholders, the TBL faces criticism such as being difficult to apply in monetary terms and potentially diverting business attention away from core competencies.
Triple Bottom Line Reporting workshop slides, Laura Musikanski, July 2010Sustainable Seattle
Slides from Laura Musikanski's Triple Bottom Line Reporting workshop in Seattle, July 2010. See http://sustainableseattle.org/Programs/emergingppi/STARs/classes/20100715_TBL/ for background information and http://www.slideshare.net/sustainableseattle/getting-to-tbl-metrics for Burr Stewart's guest lecture at the same class.
This study examines the corporate social responsibility practices of companies in Dakshina Kannada district, India under the triple bottom line approach of people, planet, and profit. A survey of 20 companies found that most addressed social and economic responsibilities moderately, while most addressed environmental responsibilities poorly. The study concludes that integrating socially, environmentally, and financially responsible practices into a company's culture is important for effective, sustainable CSR. Companies should balance sustainability initiatives in a way that benefits both their bottom line and society.
The document discusses the triple bottom line (TBL) framework which evaluates organizational or business performance across three dimensions: social, environmental and financial. The TBL framework originated in the 1990s and differs from traditional accounting approaches by including ecological and social measures. It considers a company's responsibilities to extend beyond shareholders to stakeholders. The three pillars of TBL are people, planet and profits. While TBL provides a comprehensive sustainability assessment, challenges include difficulty quantifying social and environmental factors and potential management conflicts between short-term profits and long-term sustainability goals.
Corporate social responsibilty a case study of pw cCharles Echavia
This case study examines PricewaterhouseCooper's (PwC) engagement in corporate social responsibility (CSR). PwC is one of the largest auditing and consulting firms in the world, operating in 150 countries. The study found that PwC participates in CSR through supporting human rights, acting socially responsibly within local laws, and encouraging charitable and educational activities. However, the study was unable to determine the correlation between CSR and financial performance for PwC specifically, as the company has only recently begun CSR engagement. The researcher believes long-term CSR may positively impact PwC's financial results in the future.
Corporate Social Responsibility (CSR) - The Fact's You Should Know 2013-14 euandouglas1
Corporate Social Responsibility (CSR) and Sustainability - The facts you should know. A review of some of the ground breaking research conducted over the past couple of years. Looking at; public perceptions, business leaders views, consumer trends, investors opinions, employee engagement, graduates, risks and where's the value. www.4frontconsulting.com
The document discusses how ITC leverages sustainability initiatives to build stronger brand equity. It first outlines global sustainability challenges and ITC's response by focusing on its triple bottom line contribution through innovative business models. It then details some of ITC's key initiatives like e-Choupal which empower farmers and raise rural incomes while also improving supply chain efficiency. By co-creating rural markets and transparently empowering local communities, these initiatives have increased trust in ITC's brand and reputation. Overall, the document examines how ITC leverages its sustainability position in the market to strengthen its brand equity.
This document defines corporate social responsibility (CSR) as a commitment by businesses to behave ethically and contribute to economic development and improving quality of life. It states that CSR involves balancing economic, legal, ethical, and philanthropic responsibilities. The document outlines businesses' responsibilities to various stakeholders like employees, customers, suppliers, the community, and government. It discusses how fulfilling CSR can benefit businesses through improved financial performance, reputation, productivity and gaining a competitive advantage.
Slides from an Executive Masterclass I taught at Ta'atheer 2017, the Middle East, North Africa CSR and Social Impact Summit. The one-day program gave participants a quick dive into theory, practice and application of strategic communications and reporting.
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Enhancing sustainability in the extractive natural resources sectors, Jan 2013Sasin SEC
John Poulsen is a CSR and natural resources management specialist, with extensive experience from South and Southeast Asia. His work transcends numerous extractive sectors, including mining, forestry/plantations, and oil/gas.
What is socially responsible investment?dean771100
Socially responsible investing (SRI) considers environmental, social and governance factors when selecting investments, with the goal of generating financial returns while also creating positive social change. SRI has been practiced for over 30 years and works by investing in companies that positively impact society and the environment in addition to financial performance. Determining what qualifies as socially responsible can vary between individual investors and requires research into how investment managers incorporate ESG factors.
This document discusses concepts of corporate social responsibility including the social contract between firms and society, stakeholder theory, and Carroll's model of CSR. It outlines key issues in CSR such as labor rights, environmental conditions, and human rights. It then discusses the context and key drivers of CSR globally and in developing countries, including NGO activism, responsible investment, litigation, and government initiatives. The implications for enterprises include expanded spheres of influence and CSR management systems. For development, the document discusses the potential for CSR to positively impact labor conditions, environmental controls, and management techniques through supply chains, as well as debates around the economic impacts of CSR.
This document provides an overview of corporate social responsibility (CSR) and its implementation among low-fares airlines. It begins with definitions of CSR and its evolution from corporate philanthropy. It then discusses the current state of CSR among members of the European Low Fares Airline Association (ELFAA), finding that while some report on CSR activities, none produce a standalone annual CSR report. The document examines advantages and challenges of adopting CSR, and provides recommendations for how ELFAA could help facilitate greater CSR implementation, such as developing sector-wide CSR policies and sharing best practices. It concludes by noting the potential role ELFAA could play in providing leadership on CSR issues within the aviation industry.
This document summarizes key themes from a corporate responsibility course lecture, including: 1) Sustainability is driven by both politics and stakeholders; 2) Corporate responsibility is increasingly seen as an opportunity rather than just a risk management issue; 3) Regulation and voluntary approaches both have roles to play in driving responsibility; 4) Integrating sustainability into core business strategy and operations is difficult but shows true strategic commitment.
There are three dimensions to effective business ethics compliance: voluntary practices, mandated boundaries, and core practices. Laws and regulations establish minimum standards for responsible behavior and fall into five main categories: regulating competition, protecting consumers, protecting equity and safety, protecting the environment, and those that encourage ethical conduct. Oversight organizations like the EPA help ensure businesses meet legal and ethical standards.
The triple bottom line (TBL) framework evaluates a company's performance across three dimensions of social, environmental and financial sustainability. It was first coined by John Elkington in 1998 to describe a business's accountability to its stakeholders, including people, planet and profit. A TBL company considers the well-being of its employees, reduces its environmental impact through sustainable practices, and creates real economic value for the community rather than just profits for shareholders. All three pillars are interdependent, and a truly sustainable business model avoids harmful products and accounts for full life cycle costs and disposal to minimize its ecological footprint.
Ethical dilemmas arise when individuals or groups must choose between options that involve wrongdoing or unethical actions. Common sources of ethical dilemmas include work-life balance issues, heavy workloads, unfair work distribution, lack of recognition, and office politics. Some examples of ethical dilemmas discussed are bribery, deception, handling black money, environmental issues, technological challenges, and deceptive advertising. Guidelines for managing ethical dilemmas include considering the overall benefits and costs (utility approach), respecting human rights, and ensuring a fair and just distribution of rewards and burdens (justice approach).
Corporate Governance: An Ethical PerspectivePeter Chambers
The document discusses several topics related to business ethics and governance:
1. It discusses failures of governance that contributed to the global financial crisis, including a lack of understanding of risk at board levels and remuneration strategies that encouraged inappropriate risk-taking.
2. It outlines some key drivers of ideas about ethical business practices, including OECD governance principles, statutes, governance codes and guidance, developments in practice, and stakeholder pressure.
3. It provides examples of governance codes and recommendations from reports that emphasize the importance of issues like diversity, accountability, transparency, and managing conflicts of interest.
The document discusses responsible investing (RI), which considers environmental, social and governance factors in investment decisions. It provides background on stockholders and their objectives to generate returns. RI aims to achieve social or ethical objectives in addition to financial returns. The document outlines the history and typical processes of RI funds, including commonly used screens to identify companies aligned with environmental and social values. It also discusses indices used to measure RI performance and findings that RI funds do not typically outperform or underperform conventional funds.
This document discusses ethics in international business. It begins by defining business ethics and outlining some common ethical issues that arise in international business, such as differing employment practices, human rights, environmental regulations, corruption, and the obligations of multinational corporations. The document then examines these issues in more depth and provides examples. It also discusses ethical dilemmas, the roots of unethical behavior such as personal ethics, decision-making processes, organizational culture, performance expectations, leadership, and societal culture. Finally, it outlines processes and models for ethical decision-making.
The triple bottom line (TBL) refers to an accounting framework that incorporates three dimensions of performance: financial, social and environmental. It measures organizational success beyond just financial measures, considering how activities affect people and the planet. The TBL consists of three bottom lines: profit (economic value), people (social value), and planet (environmental value). While it aims to benefit stakeholders rather than just shareholders, the TBL faces criticism such as being difficult to apply in monetary terms and potentially diverting business attention away from core competencies.
Triple Bottom Line Reporting workshop slides, Laura Musikanski, July 2010Sustainable Seattle
Slides from Laura Musikanski's Triple Bottom Line Reporting workshop in Seattle, July 2010. See http://sustainableseattle.org/Programs/emergingppi/STARs/classes/20100715_TBL/ for background information and http://www.slideshare.net/sustainableseattle/getting-to-tbl-metrics for Burr Stewart's guest lecture at the same class.
This study examines the corporate social responsibility practices of companies in Dakshina Kannada district, India under the triple bottom line approach of people, planet, and profit. A survey of 20 companies found that most addressed social and economic responsibilities moderately, while most addressed environmental responsibilities poorly. The study concludes that integrating socially, environmentally, and financially responsible practices into a company's culture is important for effective, sustainable CSR. Companies should balance sustainability initiatives in a way that benefits both their bottom line and society.
The document discusses the triple bottom line (TBL) framework which evaluates organizational or business performance across three dimensions: social, environmental and financial. The TBL framework originated in the 1990s and differs from traditional accounting approaches by including ecological and social measures. It considers a company's responsibilities to extend beyond shareholders to stakeholders. The three pillars of TBL are people, planet and profits. While TBL provides a comprehensive sustainability assessment, challenges include difficulty quantifying social and environmental factors and potential management conflicts between short-term profits and long-term sustainability goals.
Corporate social responsibilty a case study of pw cCharles Echavia
This case study examines PricewaterhouseCooper's (PwC) engagement in corporate social responsibility (CSR). PwC is one of the largest auditing and consulting firms in the world, operating in 150 countries. The study found that PwC participates in CSR through supporting human rights, acting socially responsibly within local laws, and encouraging charitable and educational activities. However, the study was unable to determine the correlation between CSR and financial performance for PwC specifically, as the company has only recently begun CSR engagement. The researcher believes long-term CSR may positively impact PwC's financial results in the future.
Corporate Social Responsibility (CSR) - The Fact's You Should Know 2013-14 euandouglas1
Corporate Social Responsibility (CSR) and Sustainability - The facts you should know. A review of some of the ground breaking research conducted over the past couple of years. Looking at; public perceptions, business leaders views, consumer trends, investors opinions, employee engagement, graduates, risks and where's the value. www.4frontconsulting.com
The document discusses how ITC leverages sustainability initiatives to build stronger brand equity. It first outlines global sustainability challenges and ITC's response by focusing on its triple bottom line contribution through innovative business models. It then details some of ITC's key initiatives like e-Choupal which empower farmers and raise rural incomes while also improving supply chain efficiency. By co-creating rural markets and transparently empowering local communities, these initiatives have increased trust in ITC's brand and reputation. Overall, the document examines how ITC leverages its sustainability position in the market to strengthen its brand equity.
This document defines corporate social responsibility (CSR) as a commitment by businesses to behave ethically and contribute to economic development and improving quality of life. It states that CSR involves balancing economic, legal, ethical, and philanthropic responsibilities. The document outlines businesses' responsibilities to various stakeholders like employees, customers, suppliers, the community, and government. It discusses how fulfilling CSR can benefit businesses through improved financial performance, reputation, productivity and gaining a competitive advantage.
Slides from an Executive Masterclass I taught at Ta'atheer 2017, the Middle East, North Africa CSR and Social Impact Summit. The one-day program gave participants a quick dive into theory, practice and application of strategic communications and reporting.
Follow, engage, learn, perform
LinkedIn Profile http://bit.ly/Wayne-Profile
LinkedIn Author Page http://bit.ly/Wayne-LinkedIn
YouTube Channel http://bit.ly/CSR-YouTube
Strategic CSR Video Playlist: http://bit.ly/Strategic-CSR
SlideShare http://bit.ly/Wayne-SlideShare
CSR Training Institute on LinkedIn http://bit.ly/CSR-LinkedIn
Twitter @Zingmore / https://twitter.com/ZINGmore
Website http://www.csrtraininginstitute.com/
Newsletter - http://eepurl.com/XWCy5
Enhancing sustainability in the extractive natural resources sectors, Jan 2013Sasin SEC
John Poulsen is a CSR and natural resources management specialist, with extensive experience from South and Southeast Asia. His work transcends numerous extractive sectors, including mining, forestry/plantations, and oil/gas.
What is socially responsible investment?dean771100
Socially responsible investing (SRI) considers environmental, social and governance factors when selecting investments, with the goal of generating financial returns while also creating positive social change. SRI has been practiced for over 30 years and works by investing in companies that positively impact society and the environment in addition to financial performance. Determining what qualifies as socially responsible can vary between individual investors and requires research into how investment managers incorporate ESG factors.
This document discusses concepts of corporate social responsibility including the social contract between firms and society, stakeholder theory, and Carroll's model of CSR. It outlines key issues in CSR such as labor rights, environmental conditions, and human rights. It then discusses the context and key drivers of CSR globally and in developing countries, including NGO activism, responsible investment, litigation, and government initiatives. The implications for enterprises include expanded spheres of influence and CSR management systems. For development, the document discusses the potential for CSR to positively impact labor conditions, environmental controls, and management techniques through supply chains, as well as debates around the economic impacts of CSR.
The document discusses the business environment and its analysis. It defines business environment as all external factors that influence business operations and discusses its importance. It describes the four steps of environmental analysis as scanning, monitoring, forecasting, and assessment. The document also differentiates between the internal, micro, and macro external environment and provides examples of factors within each.
This document outlines the agenda and content for a presentation on business and human rights. The presentation discusses the recent trend of businesses becoming more involved in upholding human rights standards. It covers international initiatives like the UN Global Compact, and surveys of companies' recognition and commitments to labor rights, non-labor rights, and international instruments. The document also addresses how human rights relate to business risks like reputational, judicial and financial risks. It provides an action framework for developing a human rights policy and management system. Finally, it discusses the benefits of such a system, including access to markets, investor confidence, efficiency and sustainability.
This document discusses the concept of business environment and its key factors. It defines business environment as the aggregate of all conditions, events, and influences that surround and affect a business, according to Keith Davis. There are internal/controllable factors and external/uncontrollable factors. Major external factors discussed include social, economic, technological, legal, environmental, political, and competitive factors. Understanding the business environment is important for developing strategies, analyzing competitors, and keeping the business dynamic by anticipating socioeconomic changes and their impacts.
This document discusses corporate social responsibility (CSR). It defines CSR as voluntary actions businesses take to address competitive and social interests. The document outlines five dimensions of CSR and provides two case studies on Nike and BP. It analyzes issues each company faced regarding working conditions and environmental pollution. The document concludes that CSR means avoiding unethical practices like pollution, financial misrepresentation, and disrespecting employees/customers. It recommends international organizations provide CSR guidance and training while governments encourage reporting and recognition of leaders in social and environmental performance.
The macro environment consists of uncontrollable factors that impact all organizations within an industry. These factors include the political system, economic system, technology, demographics, cultural forces, global considerations, and the ecosystem. Businesses have little influence over these macro environmental factors and must adapt their strategies in response to changes within the political, economic, technological, demographic, cultural, global, and environmental conditions.
Corporate social responsibility on internationally operating organizations SayantanDasgupta16
Corporate strategy involves long term company-wide decisions and actions that can help an organization achieve its objectives. (Hill and Jones, 2008). It takes into account the environment through its structure of resources and competencies with the aim of achieving and exceeding the expectations of the stakeholder.
The document discusses the challenges that multinational corporations face when outsourcing activities to emerging economies, including differing philosophies between the MNCs and host countries, cultural differences, and managing global operations and human resources across borders. It also examines some of the ethical issues MNCs may encounter abroad, such as dealing with sweatshops, ensuring plant safety standards, and preventing bribery and corruption. Questions are provided to prompt discussion on strategies for international expansion and managing a multinational workforce.
This document provides an overview of corporate responsibility, sustainability, and sustainability reporting. It defines key terms, discusses drivers and challenges, and outlines frameworks for implementing sustainability strategies. The key messages are that sustainability is important for managing risks and opportunities, meeting stakeholder demands, and gaining competitive advantages through innovation. Frameworks emphasize understanding impacts across economic, social, and environmental dimensions.
The increased focus on the implementation of the business practices to comply with the principles will lead to extra time consumption of the management and more resources will be required to ensure the compliance.
In May 2016, Assent Compliance attended the OECD Forum in Paris. This webinar provides detailed insights and key takeaways from the forum. Download your copy here: http://assentcompliance-1.hs-sites.com/webinar-oecd-forum-2016
The document discusses corporate social responsibility (CSR), defining it as a company's commitment to sustainable development and operating ethically. It outlines CSR frameworks including Carroll's model of economic, legal, ethical, and philanthropic responsibilities. Stakeholder theory holds that companies should respect all stakeholders. CSR involves contributing to society and the environment through activities like education funding, pollution prevention, and fair treatment of employees, consumers, and shareholders. Key issues are labor rights, environmental stewardship, and human rights, while drivers include activism, responsible investment, and government initiatives. The nature and best practices of CSR are also examined.
Today Sustainability and Sustainability reporting is buzz in every organisation. This presentation is just an awareness on sustainability and sustainability reporting process.
This lecture discusses strategic management concepts for global and multinational businesses. It covers topics such as global strategic planning, challenges of doing business internationally, the importance of business ethics and corporate social responsibility, and sustainability issues like animal welfare. Specific points include defining globalization and multinational firms, the advantages and disadvantages of global business, cultural differences across countries, why good ethics are good for business, and ISO 14000 environmental certification standards.
CSR in Mining - Leon Botham - 10 May 17Leon Botham
Corporate social responsibility (CSR) refers to businesses self-regulating their activities to ensure they are socially responsible. The mining industry recognizes the business case for CSR through reduced risks and costs, enhanced reputation, and access to capital. Several mining associations have developed frameworks for CSR best practices. While CSR requires additional upfront costs, it helps mining companies avoid inheriting legacies of poor social and environmental management that could hamper financing.
This document discusses the concepts of corporate social responsibility (CSR) and business ethics. It outlines the responsibilities that businesses have to various stakeholders like consumers, employees, the environment, and investors. Businesses must consider the impact of their activities on society. CSR involves voluntarily engaging in socially beneficial activities and reducing negative impacts. Firms that practice CSR gain benefits like positive publicity and customer loyalty. The document also discusses factors that influence ethical behavior in businesses.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
1. Corporate Social Responsibility
• Concepts, key issues, context
• Key CSR drivers
• Implications for enterprise
• Implications for development
2. Main Concepts of CSR
Social Contract (Donaldson, 1982; Donaldson and Dunfee,
1999) – There is a tacit social contract between the firm and
society; the contract bestows certain rights in exchange for
certain responsibilities.
Stakeholder Theory (Freeman, 1984) – A stakeholder is “any group
or individual who can affect or is affected by the achievement of an
organisation’s purpose.” Argues that it is in the company’s strategic
interest to respect the interests of all its stakeholders.
CSR (Carrol, 1979)
Firms have responsibilities to societies including economic, legal,
ethical and discretionary (or philanthropic).
- See also DeGeorge (1999) on the “Myth of the Amoral Firm”
3. Main Concepts of CSR
CSR = political economy
The rights and responsibilities assigned to private
industry.
4. Key Issues in CSR
• Labour rights:
– child labour
– forced labour
– right to organise
– safety and health
• Environmental conditions
– water & air emissions
– climate change
• Human rights
– cooperation with paramilitary forces
– complicity in extra-judicial killings
• Poverty Alleviation
– job creation
– public revenues
– skills and technology
5. Context Globally
• Liberalisation of markets – reduction of the
regulatory approach
• Emergence of global giants, consolidation of
market share
• Development of the ‘embedded firm’ and the
global value chain
– Development of supplier networks in developing
countries
6. Key drivers of CSR
Around the world
• NGO Activism
• Responsible investment
• Litigation
• Gov & IGO initiatives
Developing Countries
• Foreign customers
• Domestic consumers
• FDI
• Government & IGO
7. Key Drivers: NGO Activism
• Facilitators: IT (esp
Internet), media, low cost
travel
• Boycotts, brand damage,
influence legislation,
domino effect
• e.g. Shell in Nigeria, Exxon
in Cameroon, Sinopec in
Sudan, Apparel Industry
(Nike, Gap), GMO, Wood
Products, etc.
8. Domino Effect in the US Wood Products Industry:
7 out of top 10 shift policy on old growth within 18 months
Date of
Policy Shift
Company Industry Rank
Aug - 1999 Home Depot 1
Nov - 1999 Home Base 6
Nov - 1999 Wickes 9
Jan - 2000 Menards 3
Aug - 2000 Lowes 2
Aug - 2000 84 Lumber 4
Dec - 2000 Payless Cashways 5
9. Key Drivers: Responsible Investment
• Roots of: South Africa Apartheid
Divestment
• Significant size: US SRI = 2.3
trillion $ in 2005 or 10% of all
professionally managed investments
• Shareholder activism: shareholder
resolutions; voting process
• Influence corporate reporting and
disclosure requirements
• New rules on CSR reporting
10. Signatories will
1 …incorporate ESG issues into investment analysis and
decision-making processes.
2 …be active owners and incorporate ESG issues into our
ownership policies and practices.
3 …seek appropriate disclosure on ESG issues by the entities in
which we invest.
4 …promote acceptance and implementation of the Principles
within the investment industry.
5 …work together to enhance our effectiveness in implementing
the Principles.
6 …each report on our activities and progress towards
implementing the Principles.
Principles for Responsible Investment
11. Asset owners. Do you expect to implement ESG policies in
your emerging market investments?
Investor opinion survey (IFC)
12. • Foreign Direct Liability
• Alien Tort Claims Act (ATCA): human
rights, environmental rights
o Unocal Burma
o Coca-Cola Columbia
o Rio Tinto Papau New Guinea
o Del Monte Guatemala
o The Gap Saipan
o Shell Nigeria Other tools: RICO, False
Advertising
– E.g. Saipan ‘sweatshop’ cases; Katsky v. Nike
Key Drivers: Litigation
$30,000,000 settlement
13. United Nations Initiatives
• UN Global Compact
• UN Principles for Responsible Investment
• UNEP Equator Principles
• ILO Tripartite Declaration of Principles
concerning Multinational Enterprises and
Social Policy (MNE Declaration)
• UNHCHR Business and Human Rights
• UNODC Anti-corruption
• UNCTAD Corporate Responsibility
Reporting, World Investment Report
14. Implications for Enterprises
The Extended Firm
Regional Plants / JV Partners
Suppliers / Distributors
• New social and product liability
patterns
• Development of Codes of
Conduct and CSR reporting
• Expanding sphere of influence
– Application of Code of Conduct to
value chain
– CSR management: value chain
management = compliance
management
CSR Drivers
Transnational Corporations
15. Implications for Enterprises:
TNC as an “organ of society”
“every individual and every
organ of society [should]
promote respect for these
rights and freedoms and to
secure their universal and
effective recognition.” - UN
International Declaration of Human Rights
International
principles apply only
to governments
International
principles apply to
governments and
companies
It would be a strange tort system
that imposed liability on state actors
but not on those who conspired
with them to perpetrate illegal acts
through coercive use of state
power. - 1997 Eastman Kodack Co. v. Kalvin
Trend in international law
16. Implications for Enterprises:
CSR Management
How do companies address socio-environmental &
legal compliance issues?
• Policies - Code of Conduct
• Systems - Compliance Management
• Reporting - Accounting and Reporting
17. CSR Management:
Systems approach
Sustainable business development does not come
about of its own accord. Rather, commitment to
sustainability demands that corporate processes
be reliably controlled and that everyone's actions -
in finance as much as in environmental and social
areas - be coordinated. Prerequisites for this are
binding guidelines, unambiguous corporate
goals and a clear organizational structure.
- Deutsche Telekom
18. CSR Management:
Management structure
Example: Chiquita
Board of Directors
President & CEO
Group
Presidents
Chief Financial
Officer
VP of Human
Resources
General
Counsel
Corporate
Responsibility
Officer
Steering
Committee
Audit Committee of
Board
19. CSR Management:
Plan, Do, Check, Act method
Plan
• Consult stakeholders
• Establish code of conduct
• Set targets
Do
• Establish management
systems and personnel
• Promote code compliance
Check
• Measure progress
• Audit
• Report
Act
• Corrective action
• Reform of systems
20. Code of Conduct:
Widespread adoption among TNCs
Adoption of…
• More than half of the 100 largest
firms by global revenue (Fortune
Global 100)
• More than a third of the 100 largest
firms by foreign assets (UNCTAD
WIR 100)
• 57% of all foreign assets
• 51% of all foreign sales
• 65% of all foreign employees
Multi-Sector
7% Technology
17%
Services
20%Light Industry
17%
Heavy Industry
27%
Not Specified
12%
Codes found among
all industrial sectors.
Source: OECD 1999
survey of 233 codes
21. Code of Conduct:
Issue emphasis varies by industry
0 20 40 60 80 100
Multi-Sector
Technology
Services
Light
Industry
Heavy
Industry
% of Codes addressing issue
Environment
Fair Employment &
Labour Rights
Rule of Law
Fair Business Practices
Source: OECD 1999
survey of 233 codes
22. Code of Conduct:
Emerging consensus on key issues
Source: Conference Board 1999,
Survey of 123 Codes
0% 25% 50% 75% 100%
Human rights
Confidentiality of personal information
Community relations
Political activities
Workplace safety
Antitrust
Sexual harassment
Environment
Giving gifts
Discrimination / equal opportunity
Receiving gifts
Security of proprietary information
Conflict of interest
Bribery/improper payments
% of codes addressing issue
23. Code of Conduct:
Cascade effect
82%
50%
34%
22%
0%
25%
50%
75%
100%
Company Contractors Sub-
contractors
Customers
as%ofallcodessurveyed
Source: OECD 1999
survey of 233 codes
24. Code of Conduct:
Cascade effect
Source: Conference Board 1999,
Survey of 123 Codes
0% 10% 20% 30% 40% 50%
Nepotism
Child labor
Whistleblowing
Political activities
Human rights
Workplace safety
Sexual harassment
Discrimination / equal opportunity
Environment
Conflict of interest
Bribery/improper payments
Receiving gifts
Giving gifts
% of COE applying to JV partner or Supplier/Vendor
JV Partners Suppliers/ Vendors
30. Compliance Management:
Management by certification
ISO 14000 by Region
Europe
Far East
N. America
Aust./ New
Zealand
S. America
Africa/ W.
Asia
• Introduced 1998
• By 2005: 763 factories,
47 countries
• Introduced 1995
• By 2002: 37,000 factories,
112 countries
SA 8000 by Region
Asia
Europe
N.
America
S.
AmericaAfrica
31. Compliance Management:
Management by certification
ISO 26000: Social Responsibility
• To be Introduced in 2009 or 2010
• NOT a Management System (?)
• NOT a Certifiable Standard (?)
32. Principles of SR
1. Ethical behaviour 2. Respect for rule of law
3. Respect for international norms of behaviour
4. Respect for and considering of stakeholder interests
5. Accountability 6. Transparency
7. Precautionary approach 8. Respect for human rights
Organizational Governance
HumanRights
LabourPractises
Environment
Fairoperatingpractises
Consumerissues
Community&society
development
Core Subjects Implementing SR
7.2
Defining scope
7.5
Implementing in daily practise
7.7
Evaluating performance
7.8
Enhancing credibility
7.4
Integrating into organization
ISO 26000 Roadmap
7.3 Working With Stakeholders
7.3 Communicating
35. CSR Management:
Emerging standards in CSR Reporting
Global Reporting Initiative (GRI)
A multi-stakeholder initiative
www.globalreporting.org
International Standards of
Accounting and Reporting (ISAR)
A project of UNCTAD
www.unctad.org/isar
36. Implications for Development
• CSR ‘cascade effect’ on members of the
global value chain
– labour conditions (e.g. OSH, right to
organise, wages)
– environmental controls
– transfer of new management
techniques
• Compensation for weak legal environment
in LDCs
• Impact on economic development &
national competitiveness???
37. Implications for Development:
CSR management
CSR performance among 100 emerging market enterprises
Source: UNCTAD, 2008
Environment overall
0%
20%
40%
60%
80%
100%
Policy Systems Reporting
Advanced Good Intermediate Limited No evidence
38. Implications for Development:
CSR management
CSR performance among 100 emerging market enterprises
Source: UNCTAD, 2008
Countering Bribery overall
0%
20%
40%
60%
80%
100%
Policy Systems Reporting
intermediate limited no evidence
39. Implications for Development:
CSR management
CSR performance among 100 emerging market enterprises
Source: UNCTAD, 2008
Human Rights overall
0%
20%
40%
60%
80%
100%
Policy Systems Reporting
intermediate limited no evidence
40. Implications for Development:
is CSR good for growth?
“…[CSR] is liable to hold back the development of poor
countries through the suppression of employment opportunities
within them.”
David Henderson
“[CSR]’s adoption would reduce competition and economic
freedom, and undermine the market economy.”
41. Implications for Development:
Experiments in quantification
R2
= 0.6079
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
30 35 40 45 50 55 60 65 70 75 80
National Corporate Responsibility Index (2003 Score)
LaborCostperworkerinmanufacturing
($peryear,1990-1994)
Indonesia Costa Rica
Does an increase in CSR correspond with an
increase in labour costs?
42. Implications for Development:
Experiments in quantification
Does an increase in CSR correspond with a
decrease in real GDP growth?
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
30 35 40 45 50 55 60 65 70 75 80
National Corporate Responsibility Index (2003 Score)
RealGDPGrowthAvgerage1991-2001
China
Turkey
New Zealand
Thailand
Russia
Ireland
Indonesia