Akureyri 26/02/2012 Answer: Over the past years‚there has been a shift by oil and gas companies to Corporate Social Responsibility(CSR).[1]CSR is a self regulatory policy whereof businesses monitor and ensure it actively complies with the spirit of the law‚ethics and international rules.In the case of oil companies‚ most have failed to effectively meet its economic‚social and environmental responsibilities.Thus often discrediting the genuineness and reliability of the CSR policy most
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Hurricane Katrina was a natural disaster waiting to happen to the state of Louisiana. Katrina formed from the interaction of tropical waves and tropical depression. What was the most severe impact about Hurricane Katrina? It had one of the worst oil spills in history from Louisiana to Alabama. Katrina caused a long-term environmental and health impact. What effects were caused in state of Louisiana? In John Levine research about Hurricane Katrina (2005) he stated‚ “in the city of New Orleans‚ pollution
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2005 Hurricane Katrina was in the Gulf of Mexico were it was a category 5 storm and winds estimated up to 175 miles per hour. At 7:10 am on August 29 hurricane Katrina made landfall in southern Plaquemines Parish‚ Louisiana. It made landfall as a category 3 hurricane and maximum winds up to 135 miles per hour. The hurricane caused a total of 1‚833 fatalities. And the damage cost of this hurricane was $ 108 billion dollars. On October 27‚ 2012 Hurricane Sandy made landfall. Hurricane Sandy
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Corporate Social Responsibility Corporate Social Responsibility (CSR) is a method in which organisations “give back” to society. This can be done through various means such as charity donations‚ sponsorships‚ becoming partners with schools etc. CSR is something that not only benefits the organisation but also benefits the public. An example of this is Mcdonalds Restaurants putting bins on areas surrounding their restaurants. Due to people buying food from their Drive-Through service‚ costumers will
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L ’Oréal’s Corporate Social Responsibility Abstract This paper is about L ’Oreal‚ which is worldwide known beauty product brand. Their corporate social responsibility has huge concerns about the globalization. The company is not facing any global problems‚ moreover‚ it is trying to make the world better. In addition‚ L ’Oreal is concerned about the society and environment. Because of these issues the company ’s focus is on innovations‚ saving resources and trying to replace toxic waste usage
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What does it mean to be a virtuous company? In fact it is a hard question for all the people who involved in doing business. Perhaps corporate social responsibility (CSR) can answer for that question clearly. By applying CSR into business‚ organizer can reduce a lot of risks which are linked to the issue of social‚ environmental‚ and money. However‚ not everyone care about that. There are a lot of costs and benefits of CSR if company does not provide a CSR policy in their organization. This paper
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Introduction of CSR Corporate Social Responsibility (CSR) has become a widespread topic in business issues and critical sector. In the fast fast companies are facing fast change and consumers always on the topic of traceability of food chain. Consumers and governmental organizations are increasingly focusing their attention on corporate social responsibility (CSR) practices. CSR research has evolved over the last 50 years (Carroll‚ 1999). CSR is divided as a four parts pyramid (Carroll‚ 1991).
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CORPORATE SOCIAL RESPONSIBILITY By Lori S. Mohr-Corrigan‚ For The Paper Store - © October 1999 VISIT www.paperwriters.com/aftersale.htm -- for more information on using this paper properly! Because society is fundamentally based upon performance and profit‚ it is not unusual to find that it is necessary to impart a sense of corporate social responsibility with regard to contemporary commerce. The ethical approaches of purpose‚ principle and consequence are integral components of business social performance;
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Considered as one of the top five deadliest storms in America‚ Hurricane Katrina was a tropical cyclone that engulfed the United States and killed close to 2000 people. It also destroyed property and goods worth billions of dollars. Though it began far in the Bahamas‚ the storm left a trail of devastation along the Gulf Coast‚ Florida‚ and Texas‚ but most of the damage occurred in Louisiana (Hartman and Gregory 24). Katrina traveled along the coastal region of Mississippi leading to massive flooding
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Corporate Social Responsibility Q1. Discuss the CSR Practices of any one organization of your choice. A: The World Business Council for Sustainable Development in its publication "Making Good Business Sense" by Lord Holme and Richard Watts‚ used the following definition. "Corporate Social Responsibility is 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 of the
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