Corporate Social Responsibility in Australian Mining Industries - Term Paper Example

Comments (0) Cite this document
Summary
This paper discusses various criticisms and discusses those criticisms pointed out by the people of Australia with their justification. The paper analyzes global standards of corporate social responsibility which has been set a guideline for mining industries to prevent environmental destruction…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
Corporate Social Responsibility in Australian Mining Industries
Read TextPreview

Extract of sample "Corporate Social Responsibility in Australian Mining Industries"

Download file to see previous pages The responsibility of an organization for its activities that it has performed and decisions that have been taken which has an impact on society and its surroundings. Social Corporate Responsibility ensures that the company must undertake sustainable development and should have cared for the health and welfare of society. It makes sure that the company should abide by the applicable law and should adhere to international norms and behavior (Australian Government 2012).

The aim to create global standards is to minimize the impact of an organization’s decisions and activities on society and the environment. It is the commitment of the industry to manage the health and safety of its workers while pertaining to care for environmental and economic issues and to publicly report the progress of the industry. It also focuses on delivering the shareholder's value and to cover the expectation of their shareholders. These norms have been defined by the principal industry body known as the Minerals Council of Australia (MCA) which is responsible to look into the matter of Mineral industries and monitor their operations. However, if industries do not adhere to the principles outlined by the global body then companies might pose a serious threat to the overall community (Australian Government 2012).

The reporting of CSR activities is a new approach amongst different companies because it addresses issues for society’s well-being. It can have an impact on the performance and the goodwill of the company which is a greater concern for its stakeholders. It outlines the priorities of the company and its stakeholders. It is considered to be an accountability practice for firms that are willing to improve their performance and profitability. In new ways, it is considered to be a marketing strategy to grab the attraction of the audience (Alfonso 2011). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Corporate Social Responsibility in Australian Mining Industries Term Paper, n.d.)
Corporate Social Responsibility in Australian Mining Industries Term Paper. Retrieved from https://studentshare.org/business/1602615-environment-issues-in-business-subject
(Corporate Social Responsibility in Australian Mining Industries Term Paper)
Corporate Social Responsibility in Australian Mining Industries Term Paper. https://studentshare.org/business/1602615-environment-issues-in-business-subject.
“Corporate Social Responsibility in Australian Mining Industries Term Paper”, n.d. https://studentshare.org/business/1602615-environment-issues-in-business-subject.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Corporate Social Responsibility in Australian Mining Industries

Corporate Social Responsibility

.../corporatesocialresponsibility.aspx [Accessed April 30, 2012]. Mazurkiewicz, P., No Date. Is A Common CSR Framework Possible? Corporate Environmental Responsibility. [Online] Available at: http://siteresources.worldbank.org/EXTDEVCOMSUSDEVT/Resources/csrframework.pdf [Accessed April 30, 2012]. Wharton School, 2011. Corporate Social Responsibility in India: No Clear Definition, but Plenty of Debate. Business Ethics. [Online] Available at: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4636 [Accessed April 30, 2012]. Zahra, S. A., 1987. Corporate Social Responsibility and Organisational...
9 Pages(2250 words)Essay

Corporate Social Responsibility

..., race, belief, nationality, origin, religion, beliefs, marital status etc. should also be a part of the policies for Burnley Football Club. Conclusion Football interest and concerns a lot of people, companies and politics round the globe so everyone is careful while communicating about it. At the moment the football clubs are not in a good state so the issues related to corporate social responsibility should be of top most priority for their survival. Moreover, the growth in the professional footballers and the commercialization over the last two decades has led to an increase in the risk linked to the football industry. So at such a time there is a big need to integrate...
8 Pages(2000 words)Term Paper

Corporate Social Responsibility Practices

...in an ethical way and also by contributing significantly to the environment and society. The study will also highlight the importance of CSR in the contemporary corporate practices. The author of the study has conducted research on the CSR practices by Australian corporate organisations and compared it with the sustainable practices performed by organisations of the developing nations. The study will try to discuss the relationship between the corporate and sustainability practices, which have led to the betterment of the society and environment. Thus, various facets of CSR will be unfolded and understood to provide a comprehensive view to the reader of the study....
9 Pages(2250 words)Essay

Corporate Social Responsibility

...of aggressive business strategies. The organizations are trying everything in their business to avoid the critical threat of intense industry rivalry. These are creating huge legal challenge for the organizations. Governments of several developed and developing countries are trying to develop legal policies in order to restrict the business firms. This essay will evaluate several contemporary issues in corporate social responsibility in global business environment. Discussion Wellbeing of employees, civil society, community and environmental protection are the major areas of concern. The concept of corporate social...
5 Pages(1250 words)Term Paper

Corporate Social Responsibility

...? Corporate Social Responsibility Emirates National Oil Company: Corporate Social Responsibility Emirates National Oil Company (ENOC) is the Oil and Gas Company group owned by the Dubai Government and runs its operations in Dubai and the northern parts of UAE. ENOC Processing Company LCC is one of its subsidiaries that run the operations of the Jebel Ali Refinery based in Dubai. The corporate vision of the ENOC group is that all the companies or the subsidiaries in the group would meet the highest standards of social responsibilities and would return the benefits to the society, environment and the economy is which it exists as a corporate citizen. The corporate social responsibility lies at the core of the oil and gas business... to UAE The...
4 Pages(1000 words)Essay

Corporate social responsibility

...? Accounting theory Accounting theory Corporate social responsibility (CSR) reports do not provide shareholders and stakeholders with useful information on corporate social and environmental but are rather a public relations vehicle. Introduction The major stakeholders of a company to be given information by the Corporate Social Responsibility include employees, customers, the government, suppliers, public interest groups, banks, and customers. The research using accounting theories in this context will focus on the primary stakeholders without whom the company cannot survive. Studies on secondary stakeholders or non-economic shareholders, that is the ones who affect or influence, affected, or influenced, yet are not involved... . These...
4 Pages(1000 words)Essay

Corporate Ethics & Corporate Social Responsibility

...it. This paper is a study of corporate social responsibility in the context of increasing privatization of schools in the country. It also takes a look at whether education can be equated with other industries in the same context. During the course of the study it will also touch issues like the role of education and who are the ultimate beneficiaries of the education system. To arrive at a conclusion, the paper will take the following structure. After the introduction a review of what CSR is will be given, followed by privatization in general and with particular reference to education, both in the context of the UK. A deeper analysis of CSR with reference to education...
14 Pages(3500 words)Essay

Corporate social responsibility

...18-05-2007 Corporate Social Responsibility Essentially all socially desired (legal) economic activities pursued for the purpose of earning profit could be defined as business. Thus economic activities directed to wards creation of utility for the satisfaction of wants may be termed as business. Eventually creation of utility leads to creation of surplus and this is the crux of all business activities. Various functions are performed by business enterprise and the obvious motive of business activities is profit making. But this should not lead us to think that profit is the primary objective of business. The primary object of business is to supply quality goods and...
6 Pages(1500 words)Essay

Corporate Social Responsibility

...The practice of CSR or Corporate Social Responsibility as a paradigm for firms and businesses to follow has evolved from its early days as a slogan that was considered trendy by some firms following it to the present day realities of the 21st century where it is no longer just fashionable but a business requirement to be socially responsible. This evolution has been necessitated both due to the myriad problems that we as a race face which has changed the environment under which firms operate as well as a realization among business leaders that profits as the sole reason or raison d’être for existence can no longer hold good. Hence, the great economist and...
12 Pages(3000 words)Essay

Corporate Social Responsibility (CSR)

...Corporate Social Responsibility (CSR) Contents Introduction 3 2 Part A 3 2 Corporate Social Responsibility 3 2.2 Importance of corporate social reasonability 4 3 Part B 5 3.1 Corporate Social Responsibility of Qantas Airlines 5 3.2 Analysis of the Corporate Social Responsibility of Qantas Airlines 6 4 Conclusion 6 5 Reference 6 1 Introduction The corporate sector witnessed a lot of corporate scandals and other financial crisis like the bankruptcy of Enron, Lehman Brothers...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Corporate Social Responsibility in Australian Mining Industries for FREE!

Contact Us