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    Day 11

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    lilo

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    Day 11

    Uploaded by

    widon94556
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    lilo

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    lilo

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views1 page

    Day 11

    Uploaded by

    widon94556
    lilo

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Study About CSR

    Study about CSR by Divyanshu sir

    Corporate social responsibility (CSR) or corporate social impact is a form of international private
    business which aims to contribute to societal goals of activist, or charitable nature by engaging in,
    with supporting professional service volunteering through programs, community devlopment,
    administering monetary grants to non-profit organizations for the public benifit or to conduct
    ethically oriented business and investment practices, while once it was possible to describe CSR as
    an internal organizational policy or a corporate ethics strategy similar to what is now known today
    as environmental, social,governance.
    CSR strategies encourage the company to make a positive impact on the environment and stake-
    holders including consumers ,investors ,employees,communities and others.
    Corporate social initiatives includes six types of corporate social initiatives :
    1. Corporate philanthropy : Company donations to charity, including cash,goods,and
    services,sometimes via corporate foundation.
    2.Community volunteering : company organized volunteer activities, sometimes while an employee
    receives pay for pro-bong works on behalf of a non-profit organization.
    3.Social- responsible business practices : ethically produced products that appeal to a customer
    segment.
    4.Cause promotions and activism: Company-funded advocacy Campaigns.
    5.Cause-related marketing : donations to charity based on product sales.
    6.Corporate social marketing: Company funded behavior- change campaigns.

    Common CSR actions include :


    1. Environmental sustainability- Recyling, waste-management and adopting Leadership in energy
    and Environmental Design (LEED) building standards.
    2.Human capital enhancement- Companies provide additional resources for capacity. building of
    local employees.
    3.Community involvement : include raising money for local charities, providing volunteers,
    economic growth.
    4.Ethical marketing : companies that ethically market to a consumers are placing higher value on
    their customers and respecting them as people who are ends in themselves.

    Supply Chain Management : Enhance transparency and standards throughout the supply chain.

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