Why Companies Engage in Corporate Social Responsibility

Topics: Social responsibility, Business ethics, Corporate social responsibility Pages: 2 (561 words) Published: November 15, 2012
Buss. Ethics

Why do companies engage in corporate social responsibility?
~ Companies engage in CSR in order to maintain a business on track to do the right thing. However, there's three reasons that keeps a business engage with CSR. Pragmatic, where the term "use power or loose it" is used , this mean that if businesses are not responsible certain advantages could be taken away. Ethical reason, is when businesses have a responsability to behave ethically, this mean that executives' duty is to care about multiple stakeholders. The last reason is the strategic one, which is based identifying activities that can harm the business.

2. Do you believe that employees are more attracted and committed to socially responsible companies? Why or why not? Are you? Why or why not? ~Yes i truly believe so because they will be certain that the company stays on task and ethically manages situations. However, they will have in mind that they are working in an ethical environment and that they must work hard to keep it up that way. I know i will certainly be attracted more attracted to these companies because first of all, The social responsible environment will motivates me to do a good job.

3. A number of organizations have robust sustainability sections on their internet sites. Pick two and highlight what they are doing regarding sustainability, as well as compare and contrast.

Interface Global: http://www.interfaceglobal.com/Sustainability
~ This organization has considerable resolutions on 3 key areas; They are,
+reducing footprint
+designing and manufacturing innovative products with less enviromental
and social impacts.
+creating a culture with engaged employees with a share vision of
sustainable businesses.
• Wal-Mart: http://walmartstores.com/Sustainability/
~ This organization is trying to make customers save money and help ensure a better world for generations to come. In order to do so they've set three...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on Why Corporate Social Responsibility Matters
  • How Companies Engage in Corporate Social Responsibility Essay
  • Corporate social responsibility Essay
  • Corporate Social Responsibility: Now and Then Essay
  • Corporate Social Responsibility Essay
  • Essay on Ethics & Corporate Social Responsibility
  • Corporate Social Responsibility Essay
  • Corporate Social Responsibility Essay

Become a StudyMode Member

Sign Up - It's Free