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Corporate Social Responsibility essay

论文作者:www.51lunwen.org论文属性:学术文章 Scholarship Essay登出时间:2015-07-15编辑:zhongyu点击率:5804

论文字数:2596论文编号:org201507101528031881语种:英语论文 English地区:英国价格:免费论文







Corporate Social Responsibility

Critically discuss Corporate Social Responsibility (CSR). What are the implications for a firm that does not conduct CSR?

This essay will commence with showing that a definition of corporate social responsibility (CSR) is required and will then provide a definition and an indication of the scope. CSR will then be broken down into groupings and each looked at from a company perspective to show the advantages of CSR and risks when not using CSR. Companies have a choice; and the implications of not conducting CSR will also be considered.

There is very little legislature on the subject of CSR. The nearest available is environmental standards in the UK and Internationally by the International Organisation for Standardization (ISO). (ISO 14000, 2006). The newer Social Responsibility standards (ISO 26000, 2010) are only guidelines, with no fixed rules or framework for an organisation to certify to the standards. It is no surprise, therefore, that many companies define CSR in their own way, and thus can set their own objectives which they can easily attain. When it is born in mind that CSR can have such a wide range of practices that support it, it is easy for a company to pick and choose what it does.

So, for a discussion of CSR, a single consistent definition is required. The definition that will be used here is from the European Commission's 2011-14 corporate social responsibility (CSR) strategy, which defines CSR as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interactions with stakeholders on a voluntary basis” (UK Government, 2014: 3).

According to the Business Minister, Jenny Willott, MP “Corporate responsibility is at the heart of successful businesses.” (Willott, 2014). That means that it refers to a set of actions performed by a company, over and above its normal business, that contributes towards sustainable development.

Corporate Social Responsibility can include a wide range of factors, from ethical and fair trade to reputation and brand management. The UK Health and Safety Executive (HSE, 2014) identifies additional issues as part of CSR, including animal welfare, diversity and equal opportunities, community investment, giving aid to local organisations and communities in developing countries and helping to build the skills of the local people through community based development.

CSR can affect goodwill, employment practices, expansion, stakeholders, company standards, company strategy and much more. One survey on the main reasons that companies engage in CSR puts top management interest as the number one reason, with company reputation, profit, customers' expectation and attracting employees following close behind (Habisch, et al., 2005).

It is usual to identify these factors in a good light (as a bonus to the companies) and 论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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