CSR Report: Unethical Issues of Indian Oil Corporation Ltd and Infosys

CSR Report Based
Project
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Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
2 companies and industries facing CSR problems......................................................................3
Social, economic and environmental issues of both companies..................................................4
Appropriate sustainable development goals for these companies...............................................4
Values and approaches to social responsibility of these companies............................................5
Unethical issues of Indian oil Corporation Ltd and Infosys........................................................6
Reflection of these companies along with ways of solving problems.........................................8
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
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INTRODUCTION
Corporate social responsibility can be defined as a business practices or a type of
international private self regulation business which incorporate sustainable (Crane, Matten and
Spence, 2019). The main aim of CSR is to not to hurt anyone and increasing long term profit for
stakeholders in an ethical manner. This study is based on Indian oil corporation Ltd which is an
Indian government owned oil and gas company. This present study is going to show importance
of ethics and CSR. It will also show some unethical issues of Indian oil Corporation Ltd and
Infosys and what challenges they have to face due to unethical practices. Further, it will show a
CSR report of this company in order to show its all activities.
TASK 1
2 companies and industries facing CSR problems
This study is based on two industries or companies which are Indian oil Corporation Ltd and
Infosys.
Indian Corporation Ltd: In the context of Indian Corporation Ltd, it is oil and Gas Company
owned by Indian government. In the context of net profit it is considered one of the largest
companies in this country. There are several strengths of this company which makes it able to
accomplish its goal to some extent. One of the main strength is it has around 33,498 employees
who help it out in meeting its goals (Ramya and Chandran, 2018). It has announced to launch
Bharat Stage 6 fuels in all retail outlets. Rather, having all features still it is facing some ethical
related problems for which it was filed a lawsuit.
Infosys: It is multinational company of information technology and outsourcing. It is known as
2nd largest IT Company in the context of revenue. It has around 243,454 people at its all stores of
world-wide. It has several features but still this company was filed a lawsuit due to its some
unethical acts and behaviours. Due to this unethical act it also had to close its offices Now, it is
analysed that 15% of its staff agreed to return to offices. After all problems and promising to
perform activities in an ethical manner it reopened offices in all locations (Infosys Staff Return
to Office, 2020).
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Social, economic and environmental issues of both companies
There are some social and environmental factors which are affecting this company to the
great extent. Climate change, electricity consumption, carbon emission are some problems which
are creating problems and barriers in the path of the success. In this context, it is also stated that
governments are trying to make changes and implement some environmental policies as per
them all companies will be bound to follow them and protect environment (Jindal and Jain,
2018). It is beneficial for this company but it is putting pressure to make changes in the way of
performing as well as strategies which can increase its cost.
In addition, in the context of Indian Corporation Ltd it is analysed that some
environmental and social issues like poor management of wastes, water and natural resources
scarcity, water and air pollution are creating several problems. It is also stated that this company
was filed a lawsuit because of increasing waste materials and spoiling water to great extent due
to its manufacturing process of Gas and oil. It is one of the industries who needs to take extra
care of the society and environment in order to being in the competition and having a good
image in the eyes of stakeholders (Sahoo, Swain and Bal, 2018). People are also becoming
concerned and aware about environmental protection because they know that how air and water
pollution is affecting the quality of their lives and health. For preventing environmental and
people, governments have also developed some legislations and policies. By following all these
legislations, both companies can reduce all these problems and prevent people and the
environment against carbon emission and other harmful effects.
Appropriate sustainable development goals for these companies
There are some goals which both Infosys and Indian Corporate Ltd set for regaining its image
and making people believe in it. Some sustainable goals of Infosys include:
 To strive hard for economic development which affect societies in a positive manner with
minimal resource footprint?
 To embrace responsibility for its own company’s actions and encouraging al employees
to have positive effects through focusing on activities on poverty, hunger, stakeholders
and societies etc (Hák, Janoušková and Moldan, 2016).
In the context of Indian corporation Ltd it is stated that this company controls over 10 of India’s
refineries so, it is important for this company to focus on corporate social responsibility and
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