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Corporate Social Responsibility Two - Social Legislation - Lecture Slides, Slides of Introduction to Sociology

In the social legislation we study these key concepts:Corporate Social Responsibility Two, Fundamental Principles, Social Responsibility, Appreciate, Impact, Businesses, Initiatives, Benefit Businesses, Corporate Social Responsibility, Business Council

Typology: Slides

2012/2013

Uploaded on 04/22/2013

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Corporate Social Responsibility
Objectives
Objectives
Understanding the basics and fundamental principles of Corporate
Social Responsibility (CSR)
To appreciate the impact of CSR on businesses
To discuss how CSR initiatives can benefit businesses
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Objectives Objectives

  • Understanding the basics and fundamental principles of Corporate

Social Responsibility (CSR)

  • To appreciate the impact of CSR on businesses
  • To discuss how CSR initiatives can benefit businesses

Definition Definition

What is Corporate Social Responsibility?

CSR! Is that really

for me? So

technical, very

expensive!!

I’m overwhelmed

Definition Definition

What is Corporate Social Responsibility?

The responsibility of business towards the society

Corporate Social Responsibility

Definition Definition

Our Definition

A voluntary initiative on the part of a business to

contribute to a better society and a greener and

cleaner environment.

CSR in South Africa

Past, Present and Future Trends Past, Present and Future Trends

CSR IN SOUTH AFRICA

Past Trend – Pre 1994

Present Trend – Post 1994

Future Trend

Myths surrounding CSR

CSR is not for small businesses

It is too complicated and technical

It is too expensive

It is a market gimmick

It is a separate corporate initiative

Legislative Framework Corporate Social Responsibility

Legislative Framework

Companies Act 71 of 2008

King III

BBBEE Act 53 of 2003

CSR Corporate Culture and

Stakeholder Dynamics

CSR as a Corporate Culture

Synchronisation

of CSR with company

business strategy

CSR as a group

concept

Culture as a norm

CSR Initiatives and Application

CSR Initiatives

Guiding Principles for CSR Projects

  • CSR is about corporate citizenship
  • It is about giving back to the society
  • It is about business sustainability
  • It is about thriving in a competitive business environment

CSR Initiatives

CSR Projects for Businesses

Employee

focused initiative

Market focused

initiative

Society focused

initiative

Product focused

initiative

Environmentally

focused initiative

Result - Driven CSR

= Benefits

Practical Application of CSR

  • A good CSR Policy must be result-driven
  • Business assessment is important