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(PDF) Corporate Social Responsibility Failures

Added on - 31 May 2021

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CSR Incident Outlining The Organisation’sFailure To Meet Their CSR Responsibilities.
TABLE OF CONTENTSIntroduction..............................................................................................................................................3Discussion..................................................................................................................................................3Conclusion.................................................................................................................................................5References.................................................................................................................................................6
IntroductionCorporate social responsibility (CSR) happens to be currently one of the mostdiscussed topics and a very topical issue within the contemporary time. The concerncomes at a time when there happens to be greater awareness by individuals regardingthe environmental matters, workplace rights, sustainability, occupational health andsafety and the issues that are certainly concerning labour in other countries. Manyworldwide corporations these days happen to provide for ample evidences theimportance of prioritizing the CSR. Although the fact is that the various industriesfrom varying sectors due to an initiative of their own or pressured by governments,Non Governmental Organisations (NGOs) and other stakeholdersthese days trying tominimize aretrying to minimize their very impact on society(Russell, 2016). Agrowing interest in the in the genre of Corporate Social Responsibility has beenparticularly observed sinced the last decade. Not only the consumers, but also theproducers are found to be equally concerned for this particular issue. The reports ofthe customer abuse and the high exposure made by the media has made the consumersrealize regarding the impacts that the businesses may have on society and on theentire world.The present paper will certainly focus on the outlining theabsolute failure of the Nikein the specific terms of corporate social responsibility(Fatma,et al.2016).DiscussionFor this particular context, there happens to be four basic social responsibilities of thecorporate houses and that comprises of the economic, legal, ethical, and discretionaryresponsibilities. For any company that wants to achieve its business goals followingevery specific level of the CSR happens to be of foremost importance. While the mainobjective of the CSR remains to certify the business organizations regarding thematter that they are properly following the business rules or not, the particular areasof business where CSR happens to have maximum emphasis are employees, thecorporate management, environmental commitments, community programme,and lastbut not least guest and community. So, the social care, economic , and environmentalconsideration of human rights happens to be the very basis of evaluation of the
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