ACCT20071: CSR Analysis of JB Hi-Fi and Harvey Norman Holdings

This report provides an in-depth analysis of the corporate social responsibility (CSR) practices of JB Hi-Fi Limited and Harvey Norman Holdings. It begins with an introduction to CSR, followed by an examination of the merits and demerits associated with CSR activities in general. The report then delves into the CSR ratings of JB Hi-Fi, highlighting its commitment to sustainability. A comparison between the two companies is provided, evaluating their community-based information as reported in their annual reports. The analysis includes a critical evaluation of both companies' CSR initiatives, focusing on their impact on local communities, employees, and consumers. The report concludes with a summary of the key findings and their implications, offering insights into the companies' approaches to CSR and their contributions to society. The report is based on the ACCT20071 assignment brief, which requires a written submission and a video presentation, and it provides comprehensive insights into the subject matter.

CSR AND ITS
EFFECTS
JB HI-FI LIMITED AND HARVEY NORMAN HOLDINGS

INTRODUCTION
 The corporate social responsibilities, which has itself got an acronym
CSR, companies in several industries try their best to accelerate
initiatives to show their commitments towards the CSR activities.
 The company which is considered for this presentation is JB H-Fi
limited and the Harvey Norman Holdings which will be used for
making comparison.

MERITS AND DEMERITS OF CSR
ACTIVITY
MERITS
 The company image enhances
 Renewable Energy Promotion
 Attraction of more investors
 Lesser Intimidation from the Regulatory Authorities
DEMERITS
 Rise in the production cost
 Development of Impatience Among the Customers
 Shift In The Money Making Objective And Increase In The Cost
Of Production

CSR Rating for JB Hi-Fi Limited
 The CSR rating of JB Hi-Fi is
shown to be favorable , which
ultimately shows the
commitment of the company
towards sustainability.
 It has been noted that the JB
Hi-Fi limited has secured 47%
ranking as compared with the
18302 companies with their
innovative projects and
initiatives.

HARVEY NORMAN HOLDINGS

CONCLUSION
 This paper has analyzed a detailed study related to the CSR activity
at large and also has cited examples of the companies and the
activities that they are pursuing over the application of their CSR
rights.
 It has been noted that with the growing concerns more and more
companies have come up with the consciousness to do something for
the society and not only this they have also developed a particular
group in order to get new ideas and plan new and innovative stuffs

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