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THE PRINCIPLES OF
CSR
Dr Emmanuel Daniel
Faculty of Social Work
Introduction
CSR Unique ideas Mandate work
Competition Awards Responsibility
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 2
The Principles of CSR
SUSTAINABILITY ACCOUNTABILITY TRANSPARENCY
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 3
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 4
Sustainability
Action taken in the
present considering
the future
Limited resources Usage of resources
Thinking of
alternatives
When resources
become depleted,
the cost of
acquiring increases
Unsustainable
operations to
sustainable
operations
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 5
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 6
Accountability
Assuming
responsibility for the
effects of its actions
Internal and external
Reporting those
quantifications to all
parties affected by
those actions
Part of wider
societal network
Network rather than
owners
Understandability to
all parties concerned
Reliability in accuracy
of measurement,
representation of
impact and freedom
from bias
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 7
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 8
Transparency
External impact
of the actions can
be ascertained
from reporting
Facts are not
disguised
Organization's
reporting
mechanism
Importance to
external users
Following
sustainability &
accounting
Process of
transferring
power to external
stakeholders
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 9
References
• PragerU. (2017) When Transparency Really Means
Tyranny. Retrieved from
https://www.youtube.com/watch?v=Z8RA1e88BWs
• ChangSchool. (2011) Sustainability and Corporate
Responsibility. Retrieved from
https://www.youtube.com/watch?v=JocgVEyxFC4
• VSO. (2018) Social Accountability. Retrieved from
https://www.youtube.com/watch?v=GvUFRQPdZCI
• David, C. & Guler, A. (2008) Corporate Social
Responsibility, Ventus Publishing, CO, USA
04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 10

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The Principles of CSR

  • 1. THE PRINCIPLES OF CSR Dr Emmanuel Daniel Faculty of Social Work
  • 2. Introduction CSR Unique ideas Mandate work Competition Awards Responsibility 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 2
  • 3. The Principles of CSR SUSTAINABILITY ACCOUNTABILITY TRANSPARENCY 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 3
  • 4. 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 4
  • 5. Sustainability Action taken in the present considering the future Limited resources Usage of resources Thinking of alternatives When resources become depleted, the cost of acquiring increases Unsustainable operations to sustainable operations 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 5
  • 6. 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 6
  • 7. Accountability Assuming responsibility for the effects of its actions Internal and external Reporting those quantifications to all parties affected by those actions Part of wider societal network Network rather than owners Understandability to all parties concerned Reliability in accuracy of measurement, representation of impact and freedom from bias 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 7
  • 8. 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 8
  • 9. Transparency External impact of the actions can be ascertained from reporting Facts are not disguised Organization's reporting mechanism Importance to external users Following sustainability & accounting Process of transferring power to external stakeholders 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 9
  • 10. References • PragerU. (2017) When Transparency Really Means Tyranny. Retrieved from https://www.youtube.com/watch?v=Z8RA1e88BWs • ChangSchool. (2011) Sustainability and Corporate Responsibility. Retrieved from https://www.youtube.com/watch?v=JocgVEyxFC4 • VSO. (2018) Social Accountability. Retrieved from https://www.youtube.com/watch?v=GvUFRQPdZCI • David, C. & Guler, A. (2008) Corporate Social Responsibility, Ventus Publishing, CO, USA 04-07-2020 Dr Emmanuel Daniel-Corporate Social Responsibility 10