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CORPORATE SOCIAL
RESPONSIBILITY




Corporate Social Responsibility is the continuing commitment by
business to behave ethically and contribute to economic development
while improving the quality of life of the workforce and their families as
well as of the local community and society at large
 It respects cultural differences and finds the
  business opportunities in building the skills of
  employees.
 Traditionally in the United States, CSR has been
  defined much more in terms of a philanphropic
  model. Companies make profits, unhindered
  except by fulfilling their duty to pay taxes. Then
  they donate a certain share of the profits to
  charitable causes. It is seen as tainting the act for
  the company to receive any benefit from the
  giving.
The European model

 Social responsibility becomes an integral part
  of the wealth creation process - which if
  managed properly should enhance the
  competitiveness of business and maximise
  the value of wealth creation to society.
 When times get hard, there is the incentive to
  practice CSR more and better - if it is a
  philanthropic exercise which is peripheral to
  the main business, it will always be the first
  thing to go when push comes to shove.
Corporate social
responsibility
 A concept whereby companies decide
 voluntarily to contribute to a better society
 and a cleaner environment. A concept
 whereby companies integrate social and
 environmental concerns in their business
 operations and in their interaction with their
 stakeholders on a voluntary basis
CSR IN INDIA

 CSR has become increasingly prominent in
  the Indian corporate scenario because
  organizations have realized that besides
  growing their businesses it is also vital to
  build trustworthy and sustainable
  relationships with the community at large.
  This is one of the key drivers of CSR
  programs.
SCOPE OF CSR IN INDIA

 Though India is one of the fastest growing
  economies, socio-economic problems like
  poverty, illiteracy, lack of healthcare etc. are
  still ubiquitous and the government has
  limited resources to tackle these challenges.
  This scenario has opened up several areas for
  businesses to contribute towards social
  development
 CSR is not a new concept in India. Corporates
  like the Tata Group, the Aditya Birla Group,
  and Indian Oil Corporation, to name a few,
  have been involved in serving the community
  ever since their inception. Many other
  organizations have been doing their part for
  the society through donations and charity
  events.
 Four years ago, Reliance Industries Ltd.
  launched a countrywide initiative known as
  “Project Drishti”, to restore the eye-sights of
  visually challenged Indians from the
  economically weaker sections of the society.
  This project, started by one of India’s
  corporate giants has brightened up the lives
  of over 5000 people so far.
e-Choupal

 As India's 'kissan' Company, ITC has taken
  care to involve farmers in the designing and
  management of the entire 'e-Choupal'
  initiative. The active participation of farmers
  in this rural initiative has created a sense of
  ownership in the project among the farmers.
  They see the 'e-Choupal' as the new age
  cooperative for all practical purposes.
E-choupal

 ITC's Agri Business Division, one of India's largest
  exporters of agricultural commodities, has
  conceived e-Choupal as a more efficient supply
  chain aimed at delivering value to its customers
  around the world on a sustainable basis.
 The e-Choupal model has been specifically
  designed to tackle the challenges posed by the
  unique features of Indian agriculture,
  characterised by fragmented farms, weak
  infrastructure and the involvement of numerous
  intermediaries, among others.

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Corporate social responsibility

  • 1. CORPORATE SOCIAL RESPONSIBILITY Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large
  • 2.  It respects cultural differences and finds the business opportunities in building the skills of employees.  Traditionally in the United States, CSR has been defined much more in terms of a philanphropic model. Companies make profits, unhindered except by fulfilling their duty to pay taxes. Then they donate a certain share of the profits to charitable causes. It is seen as tainting the act for the company to receive any benefit from the giving.
  • 3. The European model  Social responsibility becomes an integral part of the wealth creation process - which if managed properly should enhance the competitiveness of business and maximise the value of wealth creation to society.  When times get hard, there is the incentive to practice CSR more and better - if it is a philanthropic exercise which is peripheral to the main business, it will always be the first thing to go when push comes to shove.
  • 4. Corporate social responsibility  A concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis
  • 5. CSR IN INDIA  CSR has become increasingly prominent in the Indian corporate scenario because organizations have realized that besides growing their businesses it is also vital to build trustworthy and sustainable relationships with the community at large. This is one of the key drivers of CSR programs.
  • 6. SCOPE OF CSR IN INDIA  Though India is one of the fastest growing economies, socio-economic problems like poverty, illiteracy, lack of healthcare etc. are still ubiquitous and the government has limited resources to tackle these challenges. This scenario has opened up several areas for businesses to contribute towards social development
  • 7.  CSR is not a new concept in India. Corporates like the Tata Group, the Aditya Birla Group, and Indian Oil Corporation, to name a few, have been involved in serving the community ever since their inception. Many other organizations have been doing their part for the society through donations and charity events.
  • 8.  Four years ago, Reliance Industries Ltd. launched a countrywide initiative known as “Project Drishti”, to restore the eye-sights of visually challenged Indians from the economically weaker sections of the society. This project, started by one of India’s corporate giants has brightened up the lives of over 5000 people so far.
  • 9. e-Choupal  As India's 'kissan' Company, ITC has taken care to involve farmers in the designing and management of the entire 'e-Choupal' initiative. The active participation of farmers in this rural initiative has created a sense of ownership in the project among the farmers. They see the 'e-Choupal' as the new age cooperative for all practical purposes.
  • 10. E-choupal  ITC's Agri Business Division, one of India's largest exporters of agricultural commodities, has conceived e-Choupal as a more efficient supply chain aimed at delivering value to its customers around the world on a sustainable basis.  The e-Choupal model has been specifically designed to tackle the challenges posed by the unique features of Indian agriculture, characterised by fragmented farms, weak infrastructure and the involvement of numerous intermediaries, among others.