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a. Companies have a responsibility for their impact on society and environment. b. The natural environment should be the main focus of CSR activities. c. Business ethics is a complex issue. d. Companies must pay equal attention to business ethics and sustainability.
There are several definitions and annotations of corporate social responsibility. This is due to several philosophical and perspectives of the CSR. However, one should select the widely adopted in practices and literature of CSR which is the definition of Carrol. Accordingly, the CSR is to be profitable, compliant with the regulations and laws, ethics and give back to society and communities. It is not an easy job to reflect the CSR into the operations of the company. The corporations need to integrate it with its business model otherwise it will only a matter of marketing and deceiving stakeholders.
a. The companies earmark proportionate share of their income for CSR.
b. Welfare schems are launched in the remote backward suburb areas of companies installations.
c. Many measures are taken up by the companies to compaign and organize events like
free medical camps providing medicines, eye camps, establishement of Dispensaries, Trauma
centres etc.
d. The C.S.R activities are named to do all for betterment of the areas or people dwelling in sorounding areas where companies installations exist as source of income.
e. CSR in other words is called services for betterment of human-beings
a