BACC

• CORPORATE SOCIAL RESPONSIBILITY - Moral obligation of every individual, business and organization.
• CORPORATE SOCIAL RESPONSIBILITY - Actions toward a social benefit rather than maximizing profits.
• CORPORATE SOCIAL RESPONSIBILITY - Obligation of actions that protect the welfare of the society along with their own interests.
• Importance of CSR:

  • Over and above legal requirements.
  • Sustainable development.
  • Not an optional “add-on”.
• Environmental Factors 

  - Reduce carbon footprint.
• Philanthropy 

  - Donating to charities.
• Ethical Labor Practices

  - Treating employees fairly.
• Volunteering 

  • Doing good deeds with no return.
• 1. Altruistic 

  • Give back to the company’s  community
• 1. Strategic 

  • publicity or goodwill for the organization.
• 1. Ethical 

  • Purest or most legitimate type.
• 1. Ethical - Do the right thing to all stakeholders
• 1. Corporate Citizenship

  • Org. is a responsible citizen in meeting all its obligations.
• People - Nurturing highly-skilled workforce.
• Solution - Developing innovative products
• Practice - Conducting business aspects ethically.
• Relationship - Building honest relationships with customers.
• 1. Corporate Conscience

  • Org. is run with an awareness of its obligations to society.