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Corporate Social Responsibility Report - Berkeley Group

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Added on  2020-07-22

Corporate Social Responsibility Report - Berkeley Group

   Added on 2020-07-22

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Corporate Social Responsibility Report - Berkeley Group_1
Table of ContentsINTRODUCTION...........................................................................................................................1Responsible management and CSR........................................................................................1Values underpinned by Ethics................................................................................................5Exploring environmental sustainability..................................................................................7Advise to company.................................................................................................................8REFERENCES..............................................................................................................................10
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FROM: CSR Consultant TO,MANAGERBerkeley Group Holdings PlcSUB: Corporate social responsibilityINTRODUCTIONCorporate Social Responsibility is a management concept that integrate social concernsof an enterprise with its business activities. Further, this refers to the initiatives that providebenefit to society and community. It consider environmental and social impacts of all activitiesand decisions of business (Garavan and McGuire, 2010). Further, it consist work only fordevelopment of society. Berkeley Group Holdings Plc is a developer of property based in Surreyis taken in present report for study. Concept of corporate social responsibility and diversity isdetailed in this report. Firm focus to creating successful and beautiful places in London. Variousbenefits related with the concept of corporate social responsibility with all its costs is all detailedin this report. Further, major ethical theories which give shape to actions and decision ofmanagement is also given in this. In addition to this, decision and actions which can be take byfirm in some specific situations is all mentioned in this. Responsible management and CSREthics are moral principles which govern behaviour and attitudes of person or conductingan activity in an effective manner. It is a basic principles and concepts of basic human conduct.Under this involves study of the universal values like for an instance necessary equity of people,obedience of law, human rights, concern for health as well as safety and many others. It isnecessary that person or an organisation should work by following ethics in a proper manner.There are some importance of ethics given below as above:Ethics is helpful in developing credibility.Through this basic requirements of human will be satisfy.Firm can gain long term benefits.Helpful in taking better or effective decisions.It helps in uniting leadership and also people.Berkeley Group Holdings Plc determine the importance of ethics which facilitate them indeveloping credibility of a company which enable them in gain better and supportive outcome.1
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Although, they become able to satisfy each and every individual with appropriate and suitableperformance of working. Although, Berkeley Group Holdings Plc could gain competitiveadvantage and benefit from this aspect which further enable them in remain competitive innature. Thus, management become able to gain and reflect positive image towards society andtheir working so that profitability could be enhance in better and supportive frame of manner.Although, ethics could be estimated through better corporate social responsibility which facilitatethem in define and determine better and effective outcome. CSR is one of the management concept in which enterprises integrate both environmentaland social concerns in their business activities and with their stakeholders. Mainly this is knownas a way which support firms in achieve economic balance and at the same time help in meet upwith the expectations of its stakeholders. This business approach contribute in sustainabledevelopment by offer social, economic and environmental benefits to all stakeholders. Basicallyit is a broad concept, that contain and address various factors such as corporate governance,human rights, environmental effects, health and safety, contribution to economic developmentand working conditions. Various companies are there which which use CSR in order to achievechange towards sustainability. If in case firm is not use ethics or work according to the ethics then from this many issuescan be faced by an organisation like decrease productivity level, difficulties will arise in takingdecisions, performance of employees will decrease and many others. So, in addition to this it isnecessary to Berkeley Group Holdings Plc to work by following all the ethics as well as rulesand motivate the employees to do ethical work. With the help of this all issues can be solved in aproper and systematic manner.Mainly, CSR is a self regulatory mechanism which incorporated by business enterpriseswith their business model. This term is used to highlights the activities execute by firms aroundthe globe to give back to the society. Now a days this concept is acknowledged by firms all overthe world and today this is consider as one of the most significant and influential part of businessenterprises. Various advancements and changes have taken place in business world whichincrease the requirement of of integrate CSR with business model especially for large businessenterprises who operate on international level (Carroll and Buchholtz, 2014). One of the mainbenefit of CSR is that it help to develop and shape the business value. By identify the areaswhere enterprises can become socially responsible, firms can attain competitiveness for a long2
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