Social ResponsibilityIn a global economy, increasingly organizations have a responsibility to facilitate, demonstrate and promote corporate social responsibility (CSR). Long term sustainability demands that organizations rethink their business goals and objectives from solely focusing on making a profit to corporate citizenship. Today, the impact of CSR is beginning to be seen in communities throughout the world from human rights and labor practices to health care and the environment. Companies need to answer to two aspects of their operations. (A) The quality of their management i.e. both in terms of people and processes. (B) The nature and quantity of their impact on society in the various areas.
We feel our responsibility towards the society and our corporate social responsibilities / actions are in line with the following.
Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.
Corporate Social Responsibility is about capacity building for sustainable livelihoods. It respects cultural differences and finds the business opportunities in building the skills of employees, the community and the government. Corporate Social Responsibility is about business giving back something good to the society.
Operating a business in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business.
A concept where by companies decides to contribute voluntarily to a better society and a cleaner environment. A concept where by companies integrates social and environmental concerns in their business operations and their interaction with their stakeholders on a voluntary basis.
See AlsoCorporate Governance
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