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Student Registration Number: Name of the Supervisor: Corporate Social Responsibility (CSR)

   

Added on  2020-04-01

10 Pages2093 Words417 Views
Name of student:Registration number:Name of supervisor:Date due:
Student Registration Number: Name of the Supervisor: Corporate Social Responsibility (CSR)_1
Corporate Social responsibility Table of ContentsINTRODUCTION...............................................................................................................................................................4Sustainability Dimensions...........................................................................................................................................5Primary activities.........................................................................................................................................................5CARBON NEUTRAL OPERATIONS PROGRAM..................................................................................................................5Fleet emissions reductions.........................................................................................................................................6Energy efficiency program..........................................................................................................................................6Decentralizing energy systems...................................................................................................................................6PROTECTION OF THE ENVIRONMENT AND CONSERVATION OF RESOURCES................................................................7Calling for sustainability at all levels...........................................................................................................................7Approaching Sustainability Holistically.......................................................................................................................7Implementing effective and transparent sustainability reporting process................................................................8Setting Goals...............................................................................................................................................................8CONCLUSION...................................................................................................................................................................8
Student Registration Number: Name of the Supervisor: Corporate Social Responsibility (CSR)_2
INTRODUCTIONWhile it is the sole aim of any business to generate maximum profits for its various shareholders,businesses are also required to make sure that their activities do not negatively affect the wider society; Organizations are therefore required to act in ways that are considerate of needs and aspirations of their various stakeholders. Among the areas of focus for an organization in corporate social responsibility include a focus on the environment, ethical labor practices, undertaking philanthropic activities, supporting community welfare projects among others (Pullman, Maloni & Carter, 2009). Corporate social responsibility refers to having in place initiatives to assess an organization’s impact on the environment and social well-being (DiSegni, Huly & Akron, 2015). Sustainability refers to the act of not negatively affecting the environmentor depleting natural resources. This report will focus on the sustainability aspect of corporate social responsibility with special emphasis on Siemens Building Technologies Inc.One major focus for many organizations that are socially responsible is the environment. This is mostly because businesses whether big or small all have a carbon footprint. Organizations, therefore, take different steps to ensure that the carbon footprint so produced is reduced in order to minimize the negative impact on the society. Some of the most common environmental effortsput in place especially in the European countries include usage of green energy and adoption of eco-friendly travel and office policies (Morelli, 2011). Also included is ensuring that each business takes upon itself the responsibility of ensuring that their net impact on the environment
Student Registration Number: Name of the Supervisor: Corporate Social Responsibility (CSR)_3

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