ON CSR ACTIVITIES
UNDERTAKEN BY TATA
Submitted to: - Submitted by: - Lect. Miss. Kiran Verma GROUP NO- 3 LIECA Section: - A3002 MCA (Hons.) LHST INTRODUCTION TO CSR
(CORPORATE SOCIAL RESPONSIBILTY)
Corporate social responsibility (CSR) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment.
Corporate social responsibility (CSR) is:-
* An obligation, beyond that required by the law and economics, for a firm to pursue long term goals that are good for society.
* 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 that of the local community and society at large.
* About how a company manages its business process to produce an overall positive impact on society. Corporate social responsibility means:-
I. Conducting business in an ethical way and in the interests of the wider community.
II. Responding positively to emerging societal priorities and expectations.
III. Balancing shareholder interests against the interests of the wider community.
IV. Being a good citizen in the community.
More stress on our social and educational system on the need for work for our society can increase the social responsibilities of corporate organizations.
However social responsibility can also be defined as:-
An organization’s obligation to...