PRESENTED BY :-

TAHIR ANSARI

M.B.A ( BUSINESS ECONOMICS )

Definition

What is Corporate Social Responsibility?

CSR! Is that really for me? So

technical, very expensive!!

I’m overwhelmed

Definition

What is Corporate Social Responsibility?

‘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 local community and society at large’.

– World Business Council For Sustainable Development

The responsibility of business towards the society

Corporate Social Responsibility

CONNECTIVITY BETWEEN BUSINESS AND SOCIETY

A voluntary initiative on the part of a business to contribute to a better society and a greener and

cleaner environment.

Objectives

• Understanding the basics and fundamental principles of Corporate

Social Responsibility (CSR)

• To appreciate the impact of CSR on businesses

• To discuss how CSR initiatives can benefit businesses

To create and maintain a stable level of employment.

Create jobs and provide support to socially vulnerable groups.

Social entrepreneurship promotes development of entrepreneurial skills.

Compensating countries narrow place.

FUNCTIONS

Benefits of CSRLegislative Framework

Benefits of CSR

Winning new businesses

Enhancing your influence in the

industry

Attracting, Retaining and

Maintaining a happy workforce

Increase in customer retention

Differentiating yourself from the

competitor

Saving money on energy and operating cost

Access to funding opportunities

Media interestand goodreputation

Ben

efits

Ben

efits

Enhanced Relationship with

stakeholders

CSR Initiatives

CSR Projects for Businesses

Market focused initiative

Product focused initiative

Employee focused initiative

Society focused initiative

Environmental focused initiative