Corporate Social Responsibility
Added on 2020-05-16
11 Pages2575 Words69 Views
Running head: CORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITYName of the student:Name of the university:Author note:
1CORPORATE SOCIAL RESPONSIBILITYExecutive summary:Corporate social responsibility has been found to be one of the most important aspects thatshould be possessed by every organization to maintain sustainability. Every organization has totackle the social and environmental concerns by providing effective solutions and initiatives tobring out changes. Different organizations had already established several programs that areexplained in the report.
2CORPORATE SOCIAL RESPONSIBILITYContentsIntroduction:....................................................................................................................................3Reputation Institute (RI):.................................................................................................................3Lego:................................................................................................................................................4Microsoft:........................................................................................................................................4Google:............................................................................................................................................5Walt Disney:....................................................................................................................................6BMW Group:...................................................................................................................................7Conclusion:......................................................................................................................................8References:......................................................................................................................................9
3CORPORATE SOCIAL RESPONSIBILITYIntroduction:Corporate social responsibility can be defined as a particular type of business approachthat helps in contributing to the different sustainable developments. This is mainly done bydelivering economic, environmental as well as social benefits for all stakeholders who areassociated with the business. Researchers are of the opinion that it is a broad concept that helpsin addressing a wide number of topics like health and safety, corporate governance,environmental effects, human rights, contribution to that of the different economic departmentand working conditions. A number of benefits remain associated with the organizations thatdevelop good corporate social responsibilities. These are the development of better recognitionof the band, easier forms of access to the capital, positive formation of business reputation,growth of the organization and increased sales and loyalty of customers. It also helps in makingsavings of operations costs, betterment of financial performance and development of greaterability to retain staff and attract talent. This report will help to show how five importantcompanies had garnered topmost positions globally by fulfilling their corporate socialresponsibility successfully.Reputation Institute (RI):Reputation Institute (RI) is a Boston-based reputation-management consulting firm. It hasconducted an annual study by mainly tracking down the social responsibility reputations of about170000 companies in 15 countries. They have analyzed the ratings by mainly zeroing in on theperceptions of the consumers about the company governance, its positive influence on the
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