csr

Cards (24)

  • A country with as many socio-economic problems and challenges as SA needs a strong partnership between businesses and individuals to fulfill an important citizenship role.
  • The corporate world is acknowledging its responsibility towards communities in which it operates.
  • Individuals need to play a role in maximising the potential of our resources – natural, human or any other resources.
  • Economically Active Population (EAP)

    Individuals who contribute towards the production of goods and services
  • Jobs aimed at helping and developing communities
    • Teaching
    • Social workers
    • Medical staff
  • Ways individuals can make a difference
    • Volunteering
    • Helping out at churches
    • Community centres
    • Outreach programmes
  • Corporate Social Investment (CSI)

    • Focus on specific projects
    • Counts towards Integrated Reporting
    • Improves Social Responsibility Index (SRI) points for JSE listed companies
  • Responsibilities of good corporate citizenship
    • Economic involvement
    • Fulfilling legal obligations
    • Acting in an ethical manner
    • Giving back to communities
  • Corporate citizenship is often regarded as businesses acting in a socially responsible manner by making charitable donations and encouraging employee involvement in poor communities.
  • Corporate Social Responsibility (CSR)
    The moral obligation to help
  • Corporate Social Investment (CSI)
    The actual capital, resources and labour put into a project
  • Positive impacts of CSR/CSI
    • Job creation
    • Providing goods and services
    • Education and training
    • Social interactions
    • Inclusion and diversity
  • Negative impacts of CSR/CSI
    • Inflation
    • Economic crimes
    • Unethical behaviour
    • Loss of cultural values
    • Pollution
    • Piracy and plagiarism
    • Illiteracy
  • Primary Responsibility
    • Owners
    • Employees
    • Suppliers
    • Consumers
    • Competitors
  • Broader Social Responsibility
    • The government
    • Broader community
  • The government collects taxes from businesses in the formal sector and uses these to create infrastructure and an environment that stimulates more business operations.
  • Key issues in CSR
    • Labour rights
    • Environmental conditions
    • Human rights
    • Poverty alleviation
  • Arguments for CSR/CSI
    • Society will encounter socio-economic problems without CSR
    • Expertise to deal with socio-economic issues exists in the organisation
    • Government is less likely to enforce CSR as law if businesses get involved
    • CSR promotes the image of the business and gains goodwill
    • CSR is about making a difference through initiatives in the community
  • Arguments against CSR/CSI
    • Providing goods and services is already socially responsible
    • CSR is spending money without real profits
    • CSR distracts employees from their jobs
    • Spending on CSR leads to inflation
    • CSR creates community expectations that may not be met
  • General solutions to socio-economic issues
    • Use of raw materials
    • Support for employees
    • Analysis of products and services
    • Acquisition of input materials
  • Specific solutions to socio-economic issues
    • Environmental issues
    • Labour issues
    • Ethical issues
  • Sustainability involves setting up structures to enable the community to become self-sufficient.
  • A CSR programme is a strategic plan.
  • Buy-in is critical for CSR to become part of the core and identity of the business.