Exploring CSR in aquacultural sector in Greece evaluating Nireus SA CSR strategy - Essay Example

In a recent survey report that was conducted, it was ascertained that the implementation as well as the application of CSR in an organisation fosters significant progress as well as provides business benefits. Furthermore, it has been revealed that CSR represents and depicts the company’s values and norms (ABA Section of International Law, 2008; Brennan, 2011). CSR plays an important role in aquaculture sector as well. Aquaculture deals with aqua farming which represents the farming of the aquatic organism.

In the recent scenario, aquaculture is determined as a relatively growing sector and moreover, it is enabling to generate a significant extent of quality fish as well as other aquatic food items for human consumption. Furthermore, aquaculture depicts a highly diversified production sector that encompasses various systems, facilities, processes as well as products under a vast range with regard to political, social, economic as well as environmental conditions. In accordance with the present day context, aquaculture productions as well as allied trade activities have accelerated by a considerable extent.

In this situation, a major concern has cropped up with regard to the negative impact of aquaculture based activities on environment, consumers as well as communities. CSR plays an imperative role in this particular sector as it depicts the prior responsibilities of an organisation. In present times, the business firms related to aquaculture are adopting an increased level of CSR initiatives in order to attain technical as well as financial assistance to comply with the competitive market requirements along with advanced marketing methods regarding aquaculture products.

CSR with regard to aquaculture provides an insight on organisational development. Furthermore, CSR initiates sustainable development of aquaculture that mainly depends upon three basic factors social, environmental as well as economical. It also helps in ascertaining welfare as well as health concerns of animals, environmental integrity and socio-economic aspects (Karnani, 2012; Morsing & et. al., 2006). Nireus SA group is represented as the leader in terms of the production as well as the exportation of aquaculture species on a worldwide basis.

At Nireus SA, the company performs an effective set of CSR initiatives on the grounds of human beings, society and environment. On conducting the business related to aquaculture, it aims to diminish the negative impact if any on society at large as well as on the environment. The concerned company focuses on quality that reflects its compliance with legal aspects and regulations. This also frames a part of Corporate Social Responsibility (4Nireus, 2012). The concerned research study intends to “explore CSR in the aqua-cultural sector in Greece along with evaluating Nireus SA CSR strategy”.

The objective of the study is to ensure and explore the CSR of Nireus SA group within Greece. Furthermore, this study entails introduction with regard to the implementation and benefits of CSR on aquaculture sector. Moreover, this study will also ascertain about the company and its Corporate Social Responsibilities. This particular research study also presents findings based on a questionnaire survey in which a set of questions related to Nireus’ CSR initiatives have been presented. In addition, qualitative semi-structured interview has been conducted.

The interview takes into account