Water pollution Bangladesh Water Pollution in Bangladesh Water
Water pollution: Bangladesh
Water Pollution in Bangladesh
Water Pollution in Bangladesh
Workers protest: Bangladesh
Factory Collapsed: Bangladesh
Fire in Garment Factory
Worker unrest: Bangladesh
Violent police on RMG worker
CSR The way of greener, safer And better tomorrow
Contents n CSR n What is CSR? Goals of CSR n History of CSR n Coverage areas n CSR Pyramid n CSR: UN Global 10 Principles n Different Global Standards n
Contents n n n n n Survey Impact Arguments for CSR Arguments against CSR in Apparel Industry BSCI Impact of BSCI COC of BSCI Principles of BSCI History of WRAP 12 principles
CSR Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. n CSR is the deliberate inclusion of public interest into corporate decision making, that is the core business of the company or firm, and the honouring of a triple bottom line: people, planet, profit. n
CSR n Corporate Social Responsibility customizes three broad aspects as n First, it underlines compliance with legal responsibilities (e. g. tax, health and safety, workers rights, consumer rights, environmental regulations) and industry standards. n Second, it concerns minimizing or eliminating the negative effects of business on society and managing risk (for example of human rights abuses and environmental pollution). n Third, it involves increasing the positive effects of business and creating value through innovation, investment and partnership aligned towards social and environmental good (for example job creation, social and economic development and conflict resolution).
What is CSR? n "Being socially responsible means not only fulfilling legal expectations, but also going beyond compliance and investing more into human capital, the environment and relations with stakeholders. “ The European Commission n "Operating a business in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business. ’’ Business for Social Responsibility n "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. " World Business Council for Sustainable Development
Goals of CSR n n The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, CSR-focused businesses would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality.
Coverage areas n There are six major areas of CSR The employees n Providers of finance n Consumers n Community and environment n Government n And other organizations and groups n
CSR PYRAMID Philanthropic Be a good corporate citizen Contribute resources to the community Improve quality of life Ethical Responsibilities Be ethical Obligation to do what is right, just and fair Avoid harm Legal Responsibilities Obey the law Law is society’s condition of right and wrong Economic Responsibilities Be profitable The foundation upon which all other rest
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