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Corporate Social Responsibility and Governance Structure of Rio Tinto Limited

   

Added on  2023-06-09

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Running head: ESSAY 0
ETHICS AND CORPORATE SOCIAL RESPONSIBILITY
JULY 25, 2018

ESSAY 1
Executive summary
Corporate social responsibility is a significant element of a business. CSR refers to operating
a business in a way that fulfils and increases the moral, legal, general, and marketable
expectations about the business of society. It is about how company manages the business
affairs to make positive effects on the society. It also includes sustainability, impacts on
society and moral. CSR is permanent commitment by the company to behave morally. It
contributes for the economic development when establishing the quality of life of personnel
and their families. The corporate social responsibility is all about marinating capacity for
justifiable livings. CSR gives respect to cultural differences. It searches the new business
opportunities to develop the skills of workers, community, and government. CSR becomes a
major part of process of wealth creation. It increases the competitiveness of company.
This report makes focus on the various features of corporate social responsibility, the
significance of CSR and role of CSR in making Rio Tinto one of the biggest metal and
mining organisation in United Kingdom and Australia.

ESSAY 2
Contents
Executive summary....................................................................................................................1
Introduction................................................................................................................................3
What is corporate social responsibility?....................................................................................3
Philanthropy...............................................................................................................................6
Governance Structure and salient key stakeholders of Rio Tinto Limited................................6
Environment of Rio Tinto Limited-...........................................................................................8
Human rights-.............................................................................................................................8
Conclusion..................................................................................................................................9
References................................................................................................................................11

ESSAY 3
Introduction
The CSR is a management concept, which can take various forms on the basis of company
and the industry. It is a broad concept through which corporations handle the business
procedures to produce positive effects on society. The executives are required to fulfil the
duties and obligations in order to frame plans, strategies, and taking decisions to fulfil the
purposes and objects. The corporate social responsibility is an organisation policy. It is
categorised as international private business self-regulation. CSR is agenda of procedures,
rules, and regulations that allows management to be clear, reasonable, and answerable. There
are several aspects of governance structure such as individuals, roles, procedures, and
arrangements.
The theory of CSR is not only limited to good environmental approach, but it covers the
values of a company with the goals of the stakeholders such as customers, workers,
depositors, dealers, supervisors and society. The worldwide importance of CSR can be
merely drawn by the various companies of foreign, which are shaped for the same. The
international companies are regularly describing the subject matters in respect of CSR and
moral duties of companies.
In this essay, the theory of corporate social responsibility, corporate governance structure,
and morally feasible efforts of Rio Tinto is discussed and examined.
What is corporate social responsibility?
Rio Tinto Limited is major mineral and metal mining corporations. The main offices of Rio
Tinto Limited are situated in United Kingdom and Australia. Rio Tinto Limited fulfils
corporate social responsibilities by sustainability committee. The sustainability committee is
regulated by the Chairman, Ms Megan Clark (Rio Tinto, 2018).

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