Evaluating the Corporate Sustainability Report 2012-2013 of Tata Motors Limited
1. INTRODUCTION
There are many types of reports in Business Corporation. Corporate Social Responsibility (CSR), Global Reporting Initiative (GRI) and sustainability are one of the most important concerns in corporation communication. Those reports give the benefits to a company when the company can satisfy their requirements or standards. Economic society is growing rapidly, so a company should upgrade its performance to meet social demand. Hence, a company will get more benefits when it can provide quality reports. The objectives of assignment will support us to understand more knowledge about the conceptions of CSR, GRI and sustainability. Besides, we can recognize how a company connects its stakeholders in the sustainability reporting process in order to evaluate A+ against GRI criterion. In this case, we will critically evaluate the Corporate Sustainability Report 2012-13 of Tata Motors Limited.
2. DEFINITION, DEVELOPMENT AND FORMATION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND GLOBAL REPORTING INITIATIVE (GRI)
2.1. CORPORATE SOCIAL RESPONSIBILITY (CSR)
Corporate Social Responsibility is a general organization concept so it has a lot of definitions. It also bases on traditional culture, awareness and circumstance, etc in different countries. In my opinion, CSR means about how firms manage their business operations between environmental and social concerns to create overall positive effects on the world as well as interacting with their stakeholders. Nowadays, corporations not only concern on their profit but also focus on everything such as environment, society, government, economy and benefits of corporation, etc. The first reason is that personal awareness about global issues is growing continuously. Second, social life is affected by industrial environments. Third, consumers have seriously attention to the issues. In addition, social and environmental situation are crucial issues over the world. Hence, CSR has been created to satisfy the circumstance in
There are many types of reports in Business Corporation. Corporate Social Responsibility (CSR), Global Reporting Initiative (GRI) and sustainability are one of the most important concerns in corporation communication. Those reports give the benefits to a company when the company can satisfy their requirements or standards. Economic society is growing rapidly, so a company should upgrade its performance to meet social demand. Hence, a company will get more benefits when it can provide quality reports. The objectives of assignment will support us to understand more knowledge about the conceptions of CSR, GRI and sustainability. Besides, we can recognize how a company connects its stakeholders in the sustainability reporting process in order to evaluate A+ against GRI criterion. In this case, we will critically evaluate the Corporate Sustainability Report 2012-13 of Tata Motors Limited.
2. DEFINITION, DEVELOPMENT AND FORMATION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND GLOBAL REPORTING INITIATIVE (GRI)
2.1. CORPORATE SOCIAL RESPONSIBILITY (CSR)
Corporate Social Responsibility is a general organization concept so it has a lot of definitions. It also bases on traditional culture, awareness and circumstance, etc in different countries. In my opinion, CSR means about how firms manage their business operations between environmental and social concerns to create overall positive effects on the world as well as interacting with their stakeholders. Nowadays, corporations not only concern on their profit but also focus on everything such as environment, society, government, economy and benefits of corporation, etc. The first reason is that personal awareness about global issues is growing continuously. Second, social life is affected by industrial environments. Third, consumers have seriously attention to the issues. In addition, social and environmental situation are crucial issues over the world. Hence, CSR has been created to satisfy the circumstance in