Submitted by Submitted To: Enrollment: Class Topic: Corporate Social Responsibility

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Corporate social responsibility

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Corporate social responsibility
Corporate social responsibility
CSR is company commitment that who to manage the social
environmental and economic effects of it operation responsibly and in
line with public expectation
There is no such universally accepted definition of CSRit is generally
come to mean business decision making linked to ethical values and
respect for people and environment,
Principal of corporate social responsibility
Following are the principal of CSR

 Sustainability
 Accountability
 Transparency

1. Sustainability
This principle is basically concerned with the effect that the action
taken today have upon available in future.
It means that if resources are used today will be no longer available in
future and this is the particular concerned.
These resources include for example coal iron they are limited and
once used then not available in future mean they are not renewable.
And then in future we need alternative for the limitation of these
resources in future
Therefore the society must not used the resource that can be generated
For example

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Corporate social responsibility
A paper industry have replanting tress to replace those harvesting and
this has effect of retaining cost in the present rather than temporary
externalizing them .
2. Accountability
It deal with that organization recognize that their action effect external
environment and therefore must assume responsibility for it action.
This concept based on recognition that organization is the part of part of
wider society’s network and has responsibility.
Therefore accountability is important in the development of appropriate
measure of environmental performance and reporting of the firm action.
This reporting is based on following factor

 That firm must understand all stakeholder


 Relevance to the user of information
 Accuracy of measurement
 Representation of impact and also freedom of biased
 Comparability, which implies consistency
Such reporting will include qualitative facts and judgment
as well as quantification

3. Transparency
Transparency as principle of CSR simply means that the external impact
of organization action can be ascertained from that organization
reporting and pertinent fact is not disguised with in that reporting.

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Corporate social responsibility
Transparency is of particular important to external user of because these
user lack background information to internal user of such information
Transparency therefore can be seen to follow from the other two
principle mention above and equally can be seen to part of process of
recognition of responsibility.

Role of CSR in rural development of Pakistan


The vast majority of Pakistan people live in village are neglected and
non development area.
The dilemma of hunger ignorance poor health and illiteracy are serious
in rural area as compare to urban area .because of equipment resources
and defect in our planning ,so the government effect can not be
sufficient to provide the basic facilities to it citizen ,
Companies is part of the society so they must act on socially responsible
ways along with economic performance
Here we can say that the role of csr is two folded one is
Ethic in organization must be practices in for internal as awe as external
employee
On the other hand responsibility of responsibility of organization for tis
environment
CSRis basically medium to give something back to the environment
Thing need to be done in rural area or FOCUS AREA

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Corporate social responsibility
 The first thing which need in rural area ia social infrastructure
Because our roral area lack proper infrastructure that is
Roads
School
Hospital
 Better health care facilities
For example
Sending mobile health care units on regular interval
Team of doctor who provide health check and medication

 Proper sanitation and hygiene


Because it is still majority of people have no access to toilet.
Which is cause of many dieases?
 Conduct session for awareness of maintaining hygiene
Near all leading corporation in Pakistan involved in corporate social
responsibility programs in rural area like education skill development
empowerment of weak section some of those firm is under.
Some 57 leading national and international company received award for
their CSR activities in past year in Pakistan some of them are
Bahria foundation ,atlas Honda , nestle Pakistan ,national bank kohat
cement ,engro food ,fauji cement ,crown group ,hashoo foundation ,mari
petroleum etc.

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Corporate social responsibility

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