Wednesday, October 30, 2019
Corporate Social Responsibility Research Paper Example | Topics and Well Written Essays - 250 words
Corporate Social Responsibility - Research Paper Example Increased attention to CSR has been enhanced by the need for environmental protection, need for better corporate governance, globalization and intergovernmental bodies such as the United Nations which have made various declarations on human rights and environmental protection. Factors of corporate social responsibility can be categorized in to both environmental and social factors. Environmental stewardship includes the need of efficient utilization of natural resources like water, reduction in energy consumption and recycling of waste materials. This will also include the need to avoid environmental pollution like carbon emissions and toxic waste in the environment (Jamali, Safieddine & Rabbath 850). Social factors include the respect and promotion of human rights, labor rights and ensuring diversity in employment. Other factors include community involvement in development projects like building schools and health care facilities. Anti-bribery practices and supplier relations are also cornerstones of corporate social responsibility (Sabir, Ahmed, Zaidi & Kalyar 14). The company is committed to efficient utilization of all natural resources in all locations of operations. The company will be able to conserve limited natural resources which are also shared with the community. The company is committed to using clean manufacturing technologies that save natural resources and reduce carbon emissions and toxic waste in the environment. This will ensure clean environments and reduction of emission-related diseases. The company is committed to respecting all employeesââ¬â¢ rights and offering equal employment opportunities. This will promote diversity, equal employment opportunities and fair dismissals in the workplace. Corporate sustainability is concerned with the long term social and economic expectations of the stakeholders. The basics of sustainability in CSR include continual improvement, compliance with regulatory
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