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    BB CSR

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    aditya
    The presentation discusses the definition and concepts of corporate social responsibility (CSR). It defines CSR and provides definitions from other sources. It also discusses the triple bottom line of CSR and the responsibility pyramid in business. Other topics covered include CSR prime factors, the need for CSR, arguments regarding CSR, and CSR initiatives in India by major companies.

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    BB CSR

    Uploaded by

    aditya
    16 views15 pages
    The presentation discusses the definition and concepts of corporate social responsibility (CSR). It defines CSR and provides definitions from other sources. It also discusses the triple bottom line of CSR and the responsibility pyramid in business. Other topics covered include CSR prime factors, the need for CSR, arguments regarding CSR, and CSR initiatives in India by major companies.

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    The presentation discusses the definition and concepts of corporate social responsibility (CSR). It defines CSR and provides definitions from other sources. It also discusses the triple bottom line of CSR and the responsibility pyramid in business. Other topics covered include CSR prime factors, the need for CSR, arguments regarding CSR, and CSR initiatives in India by major companies.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    16 views15 pages

    BB CSR

    Uploaded by

    aditya
    The presentation discusses the definition and concepts of corporate social responsibility (CSR). It defines CSR and provides definitions from other sources. It also discusses the triple bottom line of CSR and the responsibility pyramid in business. Other topics covered include CSR prime factors, the need for CSR, arguments regarding CSR, and CSR initiatives in India by major companies.

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    Presentation on

    Corporate Social
    Responsibility
    - By Swanand Dhondse – CEO
    Definition of CSR
     Corporate Social Responsibility
    (CSR) is a concept whereby
    organizations consider the interests of
    society, based on the impact of their
    activities on customers, employees,
    shareholders, communities and the
    environment, for all aspects of their
    operations.
    CSR as per World Business Council
     “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”.
    Triple Bottom Line of CSR

    Profit People

    Planet
    c
    i
    a
    Responsibility Pyramid in Business
    l

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    e
    s
    CSR Prime Factors
    1. Climate Change
    2. Transparency in business practice
    3. Ecological diversity
    4. Fair trade and fair procurement
    5. Corruption prevention
    6. Labour rights
    7. Health and Safety
    8. Education
    9. Income equality and fair wages
    10. Poverty
    Need of CSR
    1. Reputation
    management /
    Goodwill Creation

    2. Employee
    7. Quality
    attraction

    6. Cost 3. Competition
    efficiency (in general)

    5. Corporate
    4. Investor
    liabilities /Legal
    relations
    claims
    Argument over CSR
     Businesses do not have an unquestioned
    right to operate in society
     Those managing business should recognize
    that they depend on society
     Business relies on inputs from society and
    on socially created institutions
     There is a social contract between business
    and society involving mutual obligations that
    society and business recognize that they
    have to each other
    CSR V/s Business
     CSR should not be at Cost of Business
     CSR should not affect Profitability of
    Business
     CSR should be a Profit Center & not a
    cost component
     CSR should only when business is
    prospering
     CSR should be Meaning full
     CSR is not a use as sword of ego
    CSR – Tax Angle
     Sec. 10 of Income  Sec. 80 of Income Tax
    Tax Act Act
     Income Tax Deduction
     Income Tax for activities like
    Exemption for
     Contribution to Relief
    activities like
    Funds
     Research &  Contribution to
    Development Employees funds
     Education Activity  Staff Training
     Health Activity
     Society Welfare activities
     Other Benefits
     MAT credits available
    Top Indian Companies in CSR
    - Ranking as per CII
     Tata Group
     BHEL
     Wipro
     Bajaj Auto Limited
     Larson & Toubro
     Otis Elevator Company
     ACC
     Asian Paints
     SAIL
     Colgate Palmolive
     ITC
     Sahara Group
     Ashoka Leyland
    CSR Activities in India
     Starting social trusts
     Anti pollution measures
     Adopting villages
     Family planning clinics
     Training unemployed youth
     Community development activities
     Conducted social audits on a voluntary basis
     Provide medical
     Recreational facilities
     To develop sports,
     Undertake consumer education campaigns etc.
    CSR Initiative is India
     Tata Group – TIFR , TISS , Tata Cancer
    Hospital, Ratan Tata Institute , JRD Tata
    Lecture Series – Awards. Nationalization
    of Tata enterprises

     Ambuja Cement receives International


    Reorganization for Di- Salianation
    Project in Costal Gujarat
    CSR Initiative is India
     Wipro – Donation of 1/4th of Personal
    Worth’s by Owners for Social Cause
     JSW Steel in Dolvi – Pen , Maharashtra
    Provides free electricity to nearby
    villages through surplus of captive unit
     Indian Automobile industry promotes
    use of CNG for Public Transport
     Solar Energy Street Lightning by various
    corporate
    Thank You
    - Your
    Queries & Suggestion
    are welcome

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