The corporate social responsibility practices - Case Study Example

Rasgas firm is the second leading firm in the production and supply of gas to both the local and international markets. The firm has been operation for the last 14years and it has grown its links with various stakeholders which involve the communities it serves. With this strong links, the necessity of Corporate Social Responsibility is inevitable. This report seeks to explore various aspects of Corporate Social Responsibility with a bias on the necessity of information to companies and its benefits to human resource development.

As a point of departure, like any world leading organization, the aspect of Corporate Social Responsibility is inevitable. The organization has endeavored to position its CRS policy on four foremost cornerstones, which include education, community, environment, information and health. The four aspects are aligned with the Qatar National Vision 2030. The Corporate Social Responsibility has over some time now played a critical role in strengthening the company’s ties with the rest of the community.

The organization believes that through a clear policy on CSR well integrated with the National Development Strategy, it will positively engage the community through activities which involves practical assistance, donation of equipment, employee volunteer and financial contributions (Porter, 2000). These activities work towards increasing awareness of the organization’s produced and these efforts are reflected in the overall revenues and profit margins. In the case of education which is attributed to acquiring information the organization has endeavored to support numerous talented students to the UK Universities for both undergraduate and Masters programmes.

These programs and activities are aimed at attaining maximum level of sustainability. In the case of the CSR information to companies and its benefits relative to human development, the Rasgas firm has a big role to play in a bid to update other