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.
Nobody downloaded yet

Corporate Social Responsibility and Sustainable Development - Essay Example

Comments (0)
Summary
An essay "Corporate Social Responsibility and Sustainable Development" reports that Companies have realized that practicing unacceptable processes carry not only legal risks. Though business leaders realize that CSR is an integral part of business performance…
Download full paper
GRAB THE BEST PAPER
Corporate Social Responsibility and Sustainable Development
Read TextPreview

Extract of sample
Corporate Social Responsibility and Sustainable Development

Download file to see previous pages... Businesses are facing an increasing pressure to adopt Corporate Social Responsibility (CSR) in its agenda of growth. Companies have realized that practicing unacceptable processes carry not only legal risks but also the risk of businesses not performing well. Though business leaders realize that CSR is an integral part of a business performance, often the justifications of incorporating it into the business process are unclear. The most justification given in support of CSR highlights the ‘trade-off’ between business and society rather than the ‘interdependence’ of the two. It is seen that businesses view CSR as means to secure the goodwill and reputation of the business, with all the stakeholders, a moral obligation to support ethical values and meeting the needs of sustainable development. What is missed out in this is the reality; the fulfillment of the social objectives of a business actually enhances the economic objectives of the business in the long-run. That this is possible has been proved by many companies. PepsiCo India has employed various processes to optimise water usage and minimise water wastage. Across its manufacturing plants in India, PepsiCo has installed water recovery equipment and has bettered the water management through recycling and reuse in cooling towers, flushes and gardens. The company has also made it a standard practice to harvest rainwater either by collecting rainwater in ponds that have been excavated for this purpose or by roof-water harvesting.  PepsiCo plants in Bharuch, Bazpur, Palakkad, Jainpur, Panipat, Channo, Pune, Mahul and other places, in India, follow this as a standard practice. PepsiCo has also ventured into community water projects and watershed management programmes. The company has saved an approximate two billion litres of water in two years, from the start of this initiative, build its image as a socially responsible business house and to top it all has done very well with its bottled water and non-carbonated beverages.
Another case in point is that of Nestl, which entered the poverty ridden Moga region in India. Poor soil, small tracts of land, droughts, animals suffering from disease and non-existent market, all sorts of challenges were existent here, till Nestl entered Moga in 1962. The company started with establishing milk purchasing organizations in the area and by creating infrastructure in the form of dairies with refrigeration, veterinarians, nutritionists and agronomists to advice farmers and medicine and supplements for the animals. Water supply facilities were also arranged ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Sustainable Management Futures. Corporate Social Responsibility
In addition, the critics of the free market economy regarding the invisible hand can produce commodities and services without central planning and control (Schumpeter, 1994 pp53). The opponents of the free market economy have emerged victorious in convincing the world that there is immorality in the free enterprise and free market.
11 Pages(2750 words)Assignment
Recycling
According to the paper energy sources are exhausting day by day even though our energy requirements are increasing every day. Sam way, we are destroying our universe whenever we fail to dispose the industrial wastes properly. Recycling is an option for both energy saving and industrial waste reduction. 
2 Pages(500 words)Essay
Corporate Responsibility and Sustainable development : Tobacco industry
This is to meet the requirements of the present generation as well as ensuring that there is compromising with regards to the abilities of the generations to come. Organisations have been increasingly called upon for taking up additional responsibilities for the way their operations are having an impact on the society and its natural environment (D’Amato, Henderson & Florence, 2009, p.1).
20 Pages(5000 words)Essay
Corporate Social Responsibility And Sustainable Marketing
These people together with their employees helped the company to develop from only a distributor of footwear pertaining to the United States market to transforming its image as a world leader in the marketing of footwear, and other sports merchandise like apparel and equipments.
8 Pages(2000 words)Coursework
The Role of Corporate Social Responsibility in Sustainability Development
The study will also shed light on the benefits of sustainable development to both societies as well as to the organizations. However, the study will mainly focus on the role played by corporate social responsibility in fostering sustainable development of a company. Finally, on the basis of the findings the study will draw a conclusion.
10 Pages(2500 words)Essay
Corporate Social Responsibility (CSR)
CSR builds the capacity of sustainable living. CSR encourages the business personnel to respect the cultural differences and take all possible steps in order to enhance the skills of employees. Thus, CSR makes
1 Pages(250 words)Essay
Sustainable Development and Underlying Contradictions
Sustainable development is the practice of fair trade activities within the reception, production, supply and consumption of the products from the factories. The responsibilities of the persons involved in the production is therefore to improve the efficiency in the production of the products in line with reduced abilities.
12 Pages(3000 words)Essay
Case study Corporate social responsibility and NGOs ( International Business)
On the other hand, the ever-rising complexity and uncertainty of the global business environment in the era of globalization has made it completely difficult for enterprises to achieve their primary objectives due to the myriad pressures that
12 Pages(3000 words)Essay
Sustainable Corporate Development
The long term goals of the business should include sustainable development. The business practices should least affect the environment in an adverse manner and more in a positive
5 Pages(1250 words)Assignment
Research method of business
Firms operating in the retail industry are also inclined to incorporate CSR policies in its business practices to engage in sustainable
11 Pages(2750 words)Essay
Let us find you another Essay on topic Corporate Social Responsibility and Sustainable Development for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us