Sustainable Enterprise and Social Responsibility

Running head: Sustainable enterprise and social responsibility
Sustainable enterprise and social responsibility

Sustainable enterprise and social responsibility
Executive summary
Sustainability and corporate social responsibility play a vital role in each and every company. No
company can survive its business activities without exercising sustainability and corporate social
responsibility practices. Nokia Corporation as an example has been taken in the report. The paper
outlines that how CSR practices and sustainability play an empirical role in Nokia. The report
also explains the key principles corporate social responsibility and sustainability. The main
purpose of Nokia is to provide innovative and unique products to the customers by maintaining
sustainability and corporate social responsibility practices. It is noted that Nokia is responsible
for providing mobile phones at reasonable prices. Sustainability and Corporate social
responsibility are excellent and effective agendas for the company to attain various advantages in
the competitive market.
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Sustainable enterprise and social responsibility
Table of Contents
Executive summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
Key principles of corporate social responsibility and sustainability.............................................................4
Critical analysis and case study...................................................................................................................7
CSR practices and sustainability in Nokia...............................................................................................7
Recommendations.....................................................................................................................................10
Conclusion.................................................................................................................................................12
References.................................................................................................................................................13
Bibliography...............................................................................................................................................15
Appendices................................................................................................................................................18
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Sustainable enterprise and social responsibility
Introduction
Sustainability plays a vital role to protect environment and further, CSR also helps in fulfilling
the expectations and desires of the stakeholders. Therefore, the paper provides brief information
about CSR practices and CSR. CSR is not only just a suitable public relations technique; it is a
significant element for growing and survival in today’s global world. On the other hand,
sustainability is also a fundamental component of the company to flourish the business
internationally. Nokia has been chosen in the task to discuss the key principles of sustainability
and corporate social responsibility. Apart from this, here is the discussion about the CSR and
sustainability practices that are exercised by the company worldwide. More detail of the task has
been discussed below.
Nokia is a Finnish multinational telecommunications company which is incorporated in 1865.
There are approx 102,000 people are working who operates business activities and operations in
more than 100 countries (Nokia, 2018). It is the 415th biggest corporation measured by revenue in
2016 (Nokia, 2018). The company is further shaping the technologies and resources at the heart of
connected world to convert the human experience in the competitive market. The main vision of
the firm is to create the technology to connect the entire world. In today’s era, Nokia is
maximizing its operating income and revenue by rendering innovative products to the customers
across the world. The organization has found success and growth in various sectors over the
years such as mobile devices, cable, paper products, rubber boots, telecommunication
infrastructure equipment and tires. It shall be noted that Nokia sites uses personal experience and
cookies to grow and expand the business internationally. The sites might also include cookies
from third parties. The company has a great and dynamic leadership team that is accountable for
the operative and administrative management of Nokia. The members and chair of the group are
selected by the board. They also take care about the CSR practices and sustainability to make a
attractive goodwill in the market (Nokia, 2018).
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