Free Essay

Csr Activities of 5 Companies

In: Business and Management

Submitted By alliswell1811
Words 1188
Pages 5
Infosys Technologies Limited
Infosys is actively involved in various community development programs. Promoted by Infosys Technologies Limited, the Foundation began its work in Karnataka, India, gradually extending its activities to the states of Tamil Nadu, Andhra Pradesh, Maharashtra, Orissa and Punjab. It has successfully implemented projects in four key focus areas such as health care, social rehabilitation and rural upliftment, learning and education, art and culture.
The Education and Research Department (E&R) at Infosys works with employee volunteers on community development projects. Infosys employees actively participate in the welfare of the local community. Their Development Centers (DCs) in India make a difference through several Corporate Social Responsibility (CSR) initiatives. They organize and contribute to welfare programs, especially for underprivileged children. They support the activities of institutes and Non-Government Organizations (NGOs) dedicated to healthcare and education, and campaigns for skills development and community welfare.
They have won 'Computer World Award - 2001'- International Level
'The Economic Times Corporate Citizenship Award,' on behalf of the Infosys Foundation, for outstanding philanthropic work- National Level
Dabur India Ltd
Dabur India Ltd is one of India’s leading FMCG Companies. Dabur is today India’s most trusted name and the world’s largest Ayurvedic and Natural Health Care Company.
At Dabur, commitment to good governance, ethical conduct and social responsibility is core to their way of doing business, and is strongly aligned with their drive to create and increase value for all stakeholders. They define CSR as conducting business in ways that provide social, environmental and economic benefits for the communities and geographies where they operate.
Dabur’s CSR initiatives are driven through Sustainable Development Society or SUNDESH, an outcome of the vision of Dabur India Ltd founder Dr. S.K Burman. Sustainable Development Society (SUNDESH) is the mission of ensuring overall socio-economic development of the rural & urban poor on a sustainable basis, through different participatory and need-based initiatives. It aims to reach out to the weaker and more vulnerable sections - such as women and children, illiterate and unemployed of the society.

Dabur in Nepal has started the project on medicinal plants to provide the modern technology for cultivation of the required medicinal herbs of Himalayas to the farmers. This is the only eco-friendly project of CSR nature in Nepal, this initiative is fully integrated with the company’s business vision.
A state-of-the-art Greenhouse facility has been set up at Banepa, which has the capability to produce 5-6 million saplings of medicinal plants per annum. Besides helping preserve natural resources, this initiative has also gone a long way in generating employment and income for local people and improving the socio-economic conditions of local populace in the Himalayan Kingdom.
A beginning has been made but there still miles to go before the huge disparity is bridged and a better future delivered to both the rural and urban poor.
Hyundai Motor India Foundation (HMIF)
The Corporate Social Responsibility arm of Hyundai Motor India Limited, further reiterated its’ commitment to Tamil Nadu by launching fresh initiatives. HMIF launched two new programs” Project Go Green” and “Adoption of Model Villages”. These two programs are the latest addition to other ongoing projects such as community development, road safety, education and healthcare. HMIF funded directly through Hyundai Motor India Limited (HMIL) through a contribution of Rs 100 for every car sold. HMIF has a batch of 120 Korean Happy Move volunteers, who will be working on upgrading living and sanitation conditions of villages and schools in the various districts of Tamil Nadu.
As a part of HMIF’s ongoing support to education projects, the Foundation undertook the CSR activities like, donation of benches, tables and chairs to government schools across the state and handing out of certificates to the first graduating batch of 50 nursing students who benefitted from the vocation training scheme of the company
Go Green project is an income generating tree planting project with a difference. Undertaken along with TIST, the project envisages distributing one lakh saplings to farmers in a phased manner.
Model Village scheme focuses on sanitation. The villagers will be provided with individual toilets and given lessons in hygiene.
Hyundai Motor India Foundation remain committed to developing the community around them. Every year they add fresh initiatives to their already long list of existing projects while continuing to nurture and expand them. The budgets for these projects are generated through the sale of their cars. Going forward they shall be engaging their customers as well to be part of these efforts.
Before Corporate Social Responsibility found a place in corporate lexicon, it was already textured into our Group's value systems by our founding father Shri G.D Birla,that CSR means investing part of profits beyond business, for the larger good of society. Mr. Aditya Birla, weaved in the concept of 'sustainable livelihood'. In his view, "Give a hungry man fish for a day, he will eat it and the next day, he would be hungry again. Instead if you taught him how to fish, he would be able to feed himself and his family for a lifetime."
Hence footprint of their community work straddles 3,000 villages across the length and breadth of our country. They reach out to more than 7 million people annually. Over 60 per cent of these live below the poverty line and belong to scheduled castes and tribes. The Group spends in excess of Rs.130 crore annually, inclusive of the running of 18 hospitals and 42 schools.
Their rural development activities span five key areas and their single-minded goal here is to help build model villages that can stand on their own feet. Their focus areas are healthcare, education, sustainable livelihood, infrastructure and espousing social causes.
ONGC, a major public limited company, is also one of the largest companies in India. In May 2006, ONGC Ltd. (ONGC), a major Indian public sector company in the petroleum industry, received the 'Golden Jubilee Award for Corporate Social Responsibility in Emerging Economies - 2006', at the 7th International Conference on Corporate Governance organized by the World Council for Corporate Governance. Since its inception, ONGC had regularly contributed to various CSR initiatives in the areas of health, education, infrastructure, and culture. In 2003, it decided to allocate 0.75% of its net profit each year for various socio-economic developmental programs undertaken by the company. In 2004, it drafted a Corporate Citizenship Policy - a written guideline which was to provide a direction to the company's CSR initiatives.
With growing globalization, Corporate Social Responsibility (CSR) had been increasing in importance as it helped organizations to improve their relationships with local communities, increase brand value, and build a good corporate image for themselves. Also, the socio-economic developmental activities undertaken by companies increased the purchasing power of the community, leading to an expansion in their market size.
In India, CSR began as a philanthropic activity where organizations contributed to social causes, but it was gaining in importance and becoming an essential activity for business .Also it is appearing that in the future, CSR in India would become more than a voluntary exercise.


Similar Documents

Premium Essay

Solar Energy Company Report Csr

...Social Responsibility in the Solar Photovoltaic Industry CSR Across Industries CSR Across Industries Table of Contents Executive Summary 3 The Solar Photovoltaic Industry and CSR related issues 3 Introduction 3 CSR Issues 4 Companies 4 The Companies 5 1. British Petroleum – (Philip Leith) 5 2. ENEL – (Santiago Liotta) 7 3. MEMC Electronic Materials, Inc. / SunEdison – (Eleonora Ricciardi) 9 4. Sharp Solar – (Aaron Teo) 11 5. Suntech – (Tutram Nguyen) 13 Companies Comparison and Evaluation 16 Conclusions 17 Bibliography 18 Executive Summary In the last decade, the solar industry has seen exponential growth. Government subsidies, climate change debate and need to identify alternative eco-friendly energy sources have fueled this sector. The idea of harnessing renewable energy from the sun is naturally attractive but is it a perfect solution? Do the companies profiting in this business abide to the same United Nations Global Compact principles urged by environmentalist, conservationists, human rights activists, governments and other stakeholders around the world? This paper will provide our findings on our evaluation of five global players against a handful of corporate social responsibility issues in the solar industry. The Solar Photovoltaic Industry and CSR related issues Introduction As traditional hydrocarbon supplies are increasingly difficult and expensive to extract, energy companies have to change their strategy in order to......

Words: 5606 - Pages: 23

Premium Essay

Csr Clp Company

...Chinese Mainland, Australia, India, Southeast Asia and Taiwan; it has become one of the leading power companies across Asia now. The CLP obtains its philosophy of customer-oriented for providing highly reliable electricity to customers by world-class power supply in Hong Kong. The mission of CLP is to produce and supply energy with minimal environmental impact to create value for shareholders, employees and the wider community. In 2010, the CLP was awarded The Standard Award for Best Retention Strategies by Key Media, HRM Awards. The voluntary turnover rate of CLP is 3.1% in Hong Kong in 2010, it is the lowest rate in the businesses of other countries and a lower rate compared with many organizations. How can the CLP sustain its company in low turnover rate in Hong Kong? The followings are the reasons that we analyzed through the research findings on successful retention strategies in different human resources aspects. Throughout the corporate social responsibility in community, the CLP can build the positive image. The positive image of company can help to increase and maintain the retention of employees. If the company image is good that means the stakeholders have confidence toward this company, then the employees are more willing to stay at the company with positive goodwill and reputation. Therefore, the CLP does better than the rival on participating in different activities to the community through the following 3 aspects that helps to gain the stakeholders......

Words: 898 - Pages: 4

Premium Essay

Physioex Activity 5 of Exercise 5

...Exercise 5: Cardiovascular Dynamics: Activity 5: Studying the Effect of Blood Vessel Radius on Pump Activity Lab Report Pre-lab Quiz Results You scored 80% by answering 4 out of 5 questions correctly. 1. The heart is resting during You correctly answered: c. ventricular diastole. 2. The right side of the heart pumps blood You correctly answered: d. to the lungs. 3. The layer of the blood vessel that is stimulated by the autonomic nervous system is You correctly answered: b. smooth muscle. 4. In the experiment, the pump simulates Your answer : d. the left atrium of the heart. Correct answer: b. the left ventricle of the heart. 5. If the right beaker simulates the flow of blood to the systemic circuit of the body, what do the right valve and flow tube represent? You correctly answered: d. aortic valve and aorta 06/14/13 page 1 Experiment Results Predict Question: Predict Question: If you increase the flow tube radius, what will happen to the pump rate to maintain constant pressure? Your answer : a. The pump rate will increase. Stop & Think Questions: When the piston of the pump reaches its lowest point, the volume remaining in the pump is the You correctly answered: b. end systolic volume. If you increase the right flow tube radius, what will happen to resistance and flow rate? You correctly answered: b. Flow rate will increase and resistance will decrease. If the left flow tube represents the pulmonary veins, what does the left source beaker represent? You correctly......

Words: 608 - Pages: 3

Premium Essay

Activity 5

...Chapter 3, Activity 5, page 113 Statements that Build and Protect Goodwill Revise the following sentences to eliminate a tone that will damage human relations. Identify the specific weakness in each sentence. |a | Management expresses appreciation for all the environmental health officers. | | |Weakness: Health officers | Revision: Management expresses appreciation for all the environmental employees. |b |Our call center has exhibited substantial signs of workflow inefficiencies over the past budgetary period which has triggered | | |potential irreparable damage to the customer fulfillment and branding initiatives instigated in conjunction with the | | |operationalization of the board’s strategic plan. | | |Weakness: our& operationalization | Revision: The call center has exhibited substantial signs of workflow inefficiencies over the past budgetary period which has triggered potential irreparable damage to the customer fulfillment and branding initiatives instigated in conjunction with the board’s strategic plan. |c |As expected, the spin doctors......

Words: 361 - Pages: 2

Premium Essay

Csr Activities

...critical importance. The motivations for these contracts are continuously being revisited to understand how CSR programs can nurture and contribute to the growth of firms. While CSR issues are attracting a great deal of attention in the developed world, there is a need for more research into CSR in the developing world. This paper considers the CSR practices of a small sample of multinational corporations (MNCs) and local firms in Bangladesh to better understand this situation. Introduction Corporate social responsibility (CSR) has generated significant debate in academic and corporate circles in recent times. This debate acknowledges the importance of CSR in the first-world, but raises questions regarding the extent to which corporations operating in developing countries have CSR obligations (Jamali and Mirshak, 2007). Conventional wisdom suggests that CSR is more relevant to corporations operating in the developed countries due to elevated community expectations of socially responsible behaviour. In contrast there is also a belief that societal expectations in the developing countries mainly centre on economic growth; therefore relegating CSR to be of lesser importance to the society and the firms (Khan, 1985). Against this back drop, this paper discusses the situation prevailing in the developing world to broaden our understanding of the perceptions and practices of CSR. Bangladesh is used as a test case for this purpose because this country is believed to posses the......

Words: 2454 - Pages: 10

Premium Essay

Human Resource Management 5 Activities

...Security company Example HRM Task 1 1. Describe 5 activities that the new department could take on. * As a new part of a building has been built recently, an additional area will need to be taken into consideration while planning new patrol routes. The department could take on the company Staffing. The department would then deal with obtaining people with appropriate skills, abilities, knowledge and experience to suit the needs of the company. With competently picked team, future Staffing could become the strong side of the company, which as a result, would prove to be a great investment for the company, as the general performance of the company could be achieved. Another activity that could get dealt with in the new department could be Recruitment. As it is closely linked with Staffing it could prove beneficial for the company to have this included in the new responsibilities of the department. Less staff would have to get trained but a better quality training would be preferred to be provided to the employees. This would prove beneficial, as less time would be needed to deal with issues in between other departments. Another activity could be Selection which would involve ascertaining the qualifications, experiences, skills of an applicant with a view to appraising her/him suitability to the job appraising. This would also provide the company and the customers with a better working experience as better staff (more qualified in the areas of ......

Words: 395 - Pages: 2

Premium Essay

The Hershey Company and Csr Challenge

...The Hershey Company and CSR Challenge The Hershey Company is the leading North American manufacturer of chocolate confectionery (The Hershey, 2014). The company uses cocoa suppliers in West Africa, where the harvest type of child labour and human trafficking is exposed in the chocolate industry. Thousands of children are forced to engage in unsafe activities such as using machetes and carrying heavy loads. Therefore, the majorities have scars on their body (Nieburg O., 2014). Nearly two million children work illegally on cocoa farms. Children from the Western Africa start to work at a young age of 12 to help their families because of the intense poverty that surround them (Louv J., 2014). Decision-making models • Bounded Rationality In order to address the issue of child labour and to build sustainability in the community, Hershey Company should follow the Bounded Rationality style of decision- making. The rational decision making model is very effective in the cocoa farms as it’s based on the rational thinking in order to come up with the best potential results. It gives the possibility to find possible solutions to the child labour issue, to calculate the consequences of them and finally to choose the best option. There is a cycling through different choices until an applicable one is found (Cioran N.A., 2013). • Varoom and Yetton’s Leadership On the other side, referring to the Varoom and Yetton’s Leadership and Decision-making (1973), it also can be an...

Words: 567 - Pages: 3

Premium Essay

Company Csr

...known as corporate social responsibility (CSR). CSR is oftentimes also described as the corporate “triple bottom line”–the totality of the corporation’s financial, social, and environmental performance in conducting its business. While there is no universal definition of corporate social responsibility, it generally refers to transparent business practices that are based on ethical values, compliance with legal requirements, and respect for people, communities, and the environment. Thus, aside from profit maximization, companies are responsible for the totality of their impact on people and the planet. “People” constitute the company’s stakeholders: its employees, customers, business partners, investors, suppliers and vendors, the government, and the community. Increasingly, stakeholders expect that companies should be more environmentally and socially responsible in conducting their business. In the business community, CSR is alternatively referred to as “corporate citizenship,” which essentially means that a company should be a “good neighbor” within its host community Today, more and more companies are recognizing that in order to stay productive, competitive, and relevant in a ever changing business world, they have to become socially responsible. In the last decade, globalization has blurred national borders, and technology has boomed, innovated and shortened distance. Given this change in the corporate environment, companies want to increase their ability to......

Words: 1134 - Pages: 5

Premium Essay

Activity Based Management in a Small Company

...Activity-based management in a small company 1. What are the major benefits of activity-based management? ABM provides utilizes value analysis, cost drivers and performance measures in order to improve the decision making processes of the organization. Major benefits include – a) ABM provides a formal management system in understanding the contribution to achieve strategic objectives of the organization. b) It helps managers in emulating best practices and establishing process controls ensuring consistently good performance. c) It supports continuous improvement by providing managers with new insights into value adding and non-value adding activities and business processes 2. Why managing operations and activities is not a custodial task? Managing operations and activities is a continuous improvement process rather than being a custodial task. A structured approach to continual improvement is shown in the figure below: 3. How activity-based costing works with activity-based management? ABC is not a method of costing, but a technique which measures the cost and performance of activities, resources and the objects which consume them in order to generate more accurate and meaningful information for decision-making. It helps in gaining a thorough understanding of the business processes and cost behaviour. ABM, on the other hand, utilizes this information to manage activities and make informed decisions about lines of business, product mix, processes and......

Words: 1894 - Pages: 8

Free Essay

Activity #5 – Mass Per Nucleon

...Activity #5 – Mass per Nucleon __________________________________________________________________________________ Step 1: Review this video: and read the excerpt from chapter 10 below (you don’t need to read all of chapter 10. The excerpt below is all that is needed). Step 2: Answer the following questions, in writing, in your words. 1. What is a nucleon? Protons and neutrons 2. What is fusion? Is two smaller atoms come together 3. How does mass per nucleon in a hydrogen atom compare to the mass per nucleon in a helium atom? 4. What happened to cause the mass per nucleon to change? When to two atoms comes together a pieces of mass is lost and converted into energy. 5. What is fission? Fission is when the nuclease of an atom splits into smaller pieces. 6. How does mass per nucleon change in a fission reaction? 7. How does the equation E=mc2 relate to mass per nucleon? It can find how much energy different amounts of mass can create. 8. Where does the energy released in a fusion or fission reaction come from? Is comes from the missing mass that was lost. Step 3: Submit your answers to a course mentor ( or come to a homework help session for feedback. Reading excerpt: 10.8 The Mass–Energy Relationship— Clearly, a lot of energy comes from every gram of nuclear fuel that is fissioned. What is the source of...

Words: 1342 - Pages: 6

Free Essay

Csr Activities of Sugar Mills in Pakistan

...Term Report OF CSR Module: Corporate Social Responsibility Industry Name: Sugar Industry of Pakistan Submitted To: Sir Waris Ali Submitted By: Amna zahoor BBA-12-07 Adeel sami Khan BBA-12-09 Rabiya Javed BBA-12-15 Tayyaba Ashfaq BBA-12-26 Tayyab Tahir BBA-12-41 Class: BBA 6th Morning BAHAUDDIN ZAKARIYA UNIVERSITY SUB CAMPUS SAHIWAL. Abstract This report examines the current state of competitive environment of sugar industry in Pakistan. A Brief history of sugar industry and its operation in Pakistan is initially outlined. The discussion then focuses on key ecological and social responsibility issues. For evaluating the degree to which the issues are being addressed, we have studied the CSR activities from their annual reports of 20 listed companies in sugar industry. It is concluded that CSR issues are not properly addressed and solved. The CSR practices are implemented only by the big mills in the industry. It is suggested that CSR practices should be implemented properly. Technological advancement is also very necessary for improving the capacity of sugar industry. Research questions | Research aim | What are the nature, size and market of sugar industry? | To investigate the entire industry structure and its background. | What are the key ecological and social issues in the sugar industry? | To investigate the environmental and ethical problems in sugar industry. | What are the CSR practices in listed mills of......

Words: 1766 - Pages: 8

Premium Essay

Csr Activities

...CSR: Change the approach, look at the bigger picture Mar 2, 2016 Mostly it is seen, the Corporate Social Responsibility (CSR) practice, however big or small companies, are molded into a business oriented activity that try to do branding, attract more business and catalyze business results (profits). But companies should understand doing so would only deviate them from the very basic and simple purpose of the CSR – to give back to the society by being sensitive and caring enough not just in words but in literal sense. A company’s social activities should be in sync with its business values. And the business values should be of high ethical standards while delivering business. Once this is practiced, it would reflect in the quality of products you deliver, service you provide to your clients, dealings with your customers, and so on so forth. Thus, CSR should not be seen as burden or mandatory rule by government, but the activities should develop a sense of belongingness towards the society. Try to involve and align employees, partner companies, clients or customers in the CSR programs. You will notice a change in the attitude and perceptions. A sense of loyalty and respect will be developed by the employees, clients and customers towards the company. Loyalty and respect are automatically derived through genuine CSR activities, for which no expensive branding or promotion efforts are required. Remember people want to work with the organizations which they respect. So,......

Words: 305 - Pages: 2

Premium Essay

The Sbi Group’s Csr Activities

...Japan’s SRI index, we encourage companies to promote their CSR activities, and also create an environment conducive to socially responsible investment by providing a benchmark for SRI funds and supplying information for investors. Relief Support for Victims of the Great East Japan Earthquake The SBI Group has provided and collected monetary donations to assist areas of Japan impacted by the Great East Japan Earthquake that struck on March 11, 2011. As of May 31, 2011, Group companies had collected a total of ¥74,429,783 in relief donations. In addition to soliciting donations, the SBI Group companies have offered all or a portion of their sales for a limited time as donations. As of May 31, 2011, ¥25,061,127 in donations have been raised in this way. A total of ¥99,490,910 was donated to the Japanese Red Cross Society for assisting in activities to provide relief to victims of the disaster, and to support restoration activities in the region. CSR Initiatives As a constituent component of society, each company owes its own existence to society. Consequently, no company can function as a going concern without contributing to the sustained development of society. The SBI Group has a strong awareness of the “social nature of companies” and the need to be a “strong and respected company.” With this in mind, the SBI Group is actively conducting various corporate social responsibility (CSR) programs. Strengthening CSR Activities Through the SBI......

Words: 879 - Pages: 4

Premium Essay

Csr Activities of Rahimafrooz Group

...University of Dhaka Faculty of Business Studies Department of Marketing CSR Activities of Rahimafrooz Group Submitted to Professor Dr. Anisur Rahman Nadeem Nafis – 41119044 Table of Contents Topics Page No. Introduction What is CSR Compendium about the studied company Business Domain Rahimafrooz (Bangladesh) Limited Rahimafrooz Accumulators Limited Rahimafrooz Batteries Limited Rahimafrooz Globatt Ltd. Rahimafrooz Distribution Ltd. Rahimafrooz CNG Ltd. Rahimafrooz Renewable Energy Ltd. Rahimafrooz Energy Services Ltd. Rahimafrooz Superstores Ltd. Rahimafrooz’s corporate social responsibility (CSR) overview Rural service foundation (RSF) The Dhaka project How Dhaka project works? RSF model school & college RSF IT center Poribesh utshab Make road safer 3R – Reduce, Reuse & Recycle Reduce Reuse Recycle Conclusion Reference Introduction What is Social Responsibility & CSR? Business firms conduct activities to produce goods and services to generate profits. Obviously these activities greatly affect our society. Thus, social responsibility is the awareness that business activities have an impact on society and considering of that impact by firms in decision making There is no consensus in and out of business about meaning of social responsibilities. In the classical point of view, a business is acting in a socially responsible manner if it...

Words: 4883 - Pages: 20

Free Essay

5 Companies

...Aubrey Lorraine L. Rebanal July 19, 2011 BSBA- Marketing Management MWF/5-6:30pm/Ms. Songalia 1. Sykes Enterprises is a multinational corporation which provides business process outsourcing services, such as technical support and customer service. Sykes has over 51,000 employees at 80+ locations in 25 countries operating in 30 languages. SYKES provides customer contact management solutions and services in the business process outsourcing (BPO) arena. The company provides an array of customer contact management solutions to Fortune 1000 companies around the world, primarily in the communications, financial services, healthcare, technology and transportation and leisure industries. SYKES' services are categorized into three lines of business: Contact Center Services, TeleHealth, and Assistance Services. 1977 - SYKES begins as a small engineering firm with three employees in Charlotte, North Carolina 1979-1982 - The technical writing group begins in Charlotte marking the beginning of the Information Services branch 1992 - SYKES purchases Jones Technologies, Inc. in Sterling, Colorado and enters into customer support business 1993 - Company reorganizes, moves corporate office from Charlotte to Tampa, Florida 1996 - SYKES goes public – stock begins trading on NASDAQ First international presence with acquisition of Datasvar Support AB of Sweden 1997 - Several acquisitions including McQueen International Limited with multiple locations including......

Words: 1266 - Pages: 6

Pinocchio | 8x13 Voltron: El defensor legendario | Inuyashiki