Business Environment

Topics: Corporate social responsibility, Social responsibility, Natural environment Pages: 4 (916 words) Published: June 30, 2013

1. Discuss the concept of Corporate Social Responsibility with the help example of corporate Entity you know? Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. Let me explain the Corporate Social Responsibilities shown by TCS The guiding principle of TCS’ Corporate Social Responsibility programs is “Impact through Empowerment,” where empowerment is a process of strengthening the future today, so that risks are minimized, value created and certainty is experienced. The core areas for TCS’ CSR programs are education, health and environment. The choice of education as a theme flows from TCS being in the knowledge domain. Similarly, attention to the cause of health acknowledges that health is a vital precondition for promoting social good. Concern for the environment is in line with our belief that this global cause demands our attention to ensure a sustainable and productive planet. These themes are established centrally for adoption or adaptation across all geographies. TCS' Approach

TCS has chosen the following channels to drive its CSR initiatives: * Developing innovative solutions to address large-scale societal problems by utilizing our IT core competence. * Volunteering for projects that address the felt need of communities in which TCS operates, while aligning with the core themes of TCS’ CSR. * Participating in community development program championed by our clients. * Partnering with select non-government and civil society organizations and other government bodies. * Supporting large-scale causes such as disaster relief or any other cause as determined by the Corporate CSR Council. Some of the initiatives include the following:

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