CSR in Developing Countries and Develop Countries

Topics: Corporate social responsibility, Social responsibility, Developed country Pages: 5 (1227 words) Published: December 12, 2014
The Malaysian Government supports the concept by promoting the idea of how CSR helps and contributes to the growth of the country. Prime Minister’s CSR Award and ACCA Malaysia Sustainability Reporting Awards are just a few examples of awards given for good CSR practices. According to CSR WeltWeit, the CSR activities in Malaysia focus on education, health and environment. Most of Malaysian companies as well as foreign companies offer scholarships and low-interest-rate loans for students to pursue their studies domestic and abroad. Petronas, said for example, offers academic scholarships to students who have obtained excellent results in the Sijil Pelajaran Malaysia (SPM) to further their undergraduate studies in both local and overseas universities (Petronas, n.d.). As for the healthcare system in Malaysia, although the Malaysian government allots substantial resources in improving the healthcare facilities, the quality is often not as high as the facilities in the private sector. Therefore, private healthcare sector’s helps and supports in carrying out government initiatives are very crucial. KPJ Healthcare Berhad’s first waqaf hospital in Pasir Gudang is a charity clinic that aims to meet the need of those who have unequal accessibility to medical facilities (KPJ Healthcare Berhad, n.d.). In Malaysia, environmental CSR activities are not given much weight as compared to other western countries whereby environment comes after economic benefits (Yap, n.d.). In 24th July 2009, however, the Ministry of Energy, Green Technology and Water Malaysia (KeTTHA) had finally introduced the National Green Technology Policy. The policy, which is built on four pillars – energy, environment, economy and social, is aimed to promote sustainable development while accelerating the country economy (Green Tech Malaysia, n.d.). In line with this policy, Genting Group implements various environmental friendly initiatives to preserve and conserve the environment for future generations, such as bio-degradable detergent and toiletries (Genting Malaysia Berhad, 2009). China, a developing country in which CSR is gaining more attention from the public, both private and state-owned companies are expected to increase their social commitment. Foreign companies that have always been active in doing so are now shifting their focus to environmental and labour-problem issues with the guidance of their own corporate standards brought from their home countries. Generally, CSR activities in China are very much similar to those in Malaysia, except the country has another serious issue, which is poverty.

One of the CSR activities in China is providing financial support and microloans for projects that are aimed at encountering poverty. Besides, supports for academic and educational programs are also part of the efforts to combat the problem. Beijing University, as one of the participants in anti-poverty, contributes its help by giving seminars and conducting researches in this field. Many companies in China, particularly foreign companies, offer scholarships for students or provide financial assistance for educational facilities. Siemens China, for example, has been supporting universities and awarding scholarships since 2008. Besides, poverty and unemployment has led to inferior and outdated medical care. Bayer and Adidas in China has introduced and launched different health programmes to enhance public’s awareness and understanding of different diseases, particularly HIV/AIDS. Sweden, on the other hand, is a developed nation that has a long history of active CSR initiative. The environmental aspects of CSR activities in Sweden are broad, covering areas like recycling, proper use of resources, reducing environmental footprints and so on. With strict legislation passed by the Swedish government, as well as high levels of public awareness and knowledge, companies in Sweden are ‘trained’ to operate their business with low-environmental-impact production...
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