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Effective Use Of
Corporate Social Responsibility
ļ± Definition
ļ± Stakeholders in Business
Environment
ļ± Corporate Social Responsibility
Pyramid
ļ± Reasons for Increased Importance
ļ± Companies Act 2013
ļ± Forms of Implementation
ļ± Effective Way of CSR
Implementation
ļ± Potential Business Benefits
ļ± When do Corporations fall short ?
ļ± Way forward & Conclusion
Table
Of
Contents
ļ± Effectiveness:
Capability of producing a desired result.
ļ± Corporate Social Responsibility:
CSR is the way through which a company achieves a balance
of economic, environmental and social imperatives, while at
the same time addressing the expectations of shareholders
and stakeholders
ļ± Stakeholders:
A stakeholder is any individual, group or organization that
can affect, be affected by, or perceive itself to be affected by
a programme.
HCL: ā€œTechnology That Touches Livesā€
Definition
STAKEHOLDERS
IN BUSINESS
Microsoft : ā€œYour potential. Our passionā€
Employee
Families
Community Customers Employees
Investors Government Partners
CSR
PYRAMID Discretionary
Responsibility
Ethical Responsibility
( Be Ethical)
Legal Responsibility
( Obey the Law)
Economic Responsibility
( Be Profitable)
REASONS FOR
INCREASED
IMPORTANCE
ļ±Stakeholder influence
ļ±Ethical consumerism
ļ±Socially responsible investing
ļ±Creating shared value
ļ±Public policies
ļ±Regulation
Infosys: ā€œPowered by Intellect Driven by Valuesā€
The CSR provisions within the Act is applicable to
companies with
ļ± An annual turnover of Rs 1000 Cr & more,or
ļ± A net worth of Rs 500 Cr & more,or
ļ± A net profit of Rs 5 Cr & more.
nt ā€œ
Companie
sAct2013
ļ±Promotion of education
ļ±Eradication of extreme hunger and poverty
ļ±Gender equity and women empowerment
ļ±Reducing child mortality and improving maternal health
ļ±Social business projects
ļ±Environmental sustainability
ļ±Employment enhancing vocational skills
List of Activities
Under Schedule VII
ļ±Defensive CSR
ļ±Charitable CSR
ļ±Promotional CSR
ļ±Strategic CSR
ļ±Transformative CSR
Ford: Built for the Road Ahead
ā€
FormsOf
Implementation
ļ± Ethical Business Conduct
and Governance
ļ± Our People
ļ± Serving Communities
ļ± Human Rights
ļ± Responsible Sourcing
ļ± Environmental Sustainability
POTENTIAL
BUSINESS
ļ± Triple bottom line
ļ± Human resources
ļ± Risk management
ļ± Brand
differentiation
ļ± Reduced scrutiny
Cisco Systems: ā€œThis is the Power of the Network. Now.ā€
WHEN DO CORPORATIONS
FALL SHORT ?
ļ±Approach Towards CSR
ļ±Leveraging CSR for Window Dressing
ļ±Misdirection
ļ±Controversial industries and CSR
Disneyland: ā€œThe happiest place on earthā€
WAY FORWARD &
CONCLUSION
ļ±Voluntary Compliance
ļ±Sustainability
ļ±Stick to Corporate Values
ļ±CSR ā€“ Employment Opportunities
ļ±Targeting Potential Areas
ļ±Understand customers expectations
ļ±Use the organization properly
ļ±Social Innovation
McDonalds: ā€œWe love to see you smileā€
THANK YOU

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Importance of CSR

  • 1. Effective Use Of Corporate Social Responsibility
  • 2. ļ± Definition ļ± Stakeholders in Business Environment ļ± Corporate Social Responsibility Pyramid ļ± Reasons for Increased Importance ļ± Companies Act 2013 ļ± Forms of Implementation ļ± Effective Way of CSR Implementation ļ± Potential Business Benefits ļ± When do Corporations fall short ? ļ± Way forward & Conclusion Table Of Contents
  • 3. ļ± Effectiveness: Capability of producing a desired result. ļ± Corporate Social Responsibility: CSR is the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders ļ± Stakeholders: A stakeholder is any individual, group or organization that can affect, be affected by, or perceive itself to be affected by a programme. HCL: ā€œTechnology That Touches Livesā€ Definition
  • 4. STAKEHOLDERS IN BUSINESS Microsoft : ā€œYour potential. Our passionā€ Employee Families Community Customers Employees Investors Government Partners
  • 5. CSR PYRAMID Discretionary Responsibility Ethical Responsibility ( Be Ethical) Legal Responsibility ( Obey the Law) Economic Responsibility ( Be Profitable)
  • 6. REASONS FOR INCREASED IMPORTANCE ļ±Stakeholder influence ļ±Ethical consumerism ļ±Socially responsible investing ļ±Creating shared value ļ±Public policies ļ±Regulation Infosys: ā€œPowered by Intellect Driven by Valuesā€
  • 7. The CSR provisions within the Act is applicable to companies with ļ± An annual turnover of Rs 1000 Cr & more,or ļ± A net worth of Rs 500 Cr & more,or ļ± A net profit of Rs 5 Cr & more. nt ā€œ Companie sAct2013
  • 8. ļ±Promotion of education ļ±Eradication of extreme hunger and poverty ļ±Gender equity and women empowerment ļ±Reducing child mortality and improving maternal health ļ±Social business projects ļ±Environmental sustainability ļ±Employment enhancing vocational skills List of Activities Under Schedule VII
  • 9. ļ±Defensive CSR ļ±Charitable CSR ļ±Promotional CSR ļ±Strategic CSR ļ±Transformative CSR Ford: Built for the Road Ahead ā€ FormsOf Implementation
  • 10. ļ± Ethical Business Conduct and Governance ļ± Our People ļ± Serving Communities ļ± Human Rights ļ± Responsible Sourcing ļ± Environmental Sustainability
  • 11. POTENTIAL BUSINESS ļ± Triple bottom line ļ± Human resources ļ± Risk management ļ± Brand differentiation ļ± Reduced scrutiny Cisco Systems: ā€œThis is the Power of the Network. Now.ā€
  • 12. WHEN DO CORPORATIONS FALL SHORT ? ļ±Approach Towards CSR ļ±Leveraging CSR for Window Dressing ļ±Misdirection ļ±Controversial industries and CSR Disneyland: ā€œThe happiest place on earthā€
  • 13. WAY FORWARD & CONCLUSION ļ±Voluntary Compliance ļ±Sustainability ļ±Stick to Corporate Values ļ±CSR ā€“ Employment Opportunities ļ±Targeting Potential Areas ļ±Understand customers expectations ļ±Use the organization properly ļ±Social Innovation McDonalds: ā€œWe love to see you smileā€
  • 14.