Monday, August 31, 2009

CORPORATE SOCIAL RESPONSIBILITY

Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance,[1] is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure their adherence to law, ethical standards, and international norms. Business would embrace responsibility for the impact of their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, business would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. Essentially, CSR is the deliberate inclusion of public interest into corporate decision-making, and the honoring of a triple bottom line: People, Planet, Profit.

Our motivation for adopting CSR is to prepare the students for being the Good global citizen.
By being the part of CSR activities the student will understand their responsibility towards society.

3 comments:

  1. mam,,,,,,,,,,,,,, this kasi nathan ,,,,,,,,,, i read up about csr ,,, as far as my concern about csr ,,,,,,,,, yes ofcourse its true .... its about international norms and public relaton ,and impact on customers and public ,environment and all the stake holders ,, by considering these all the things firms will take the responsiblity to protect and empower the society n peoples ,,,, its contributon of the company towards the social welfare mam....

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  2. we the future managers feel it our responsibility to lend a helping hand towards the society...BSB unitedly contributes to the society the best possible.BSB CSR commitee strives towards its responsibilities for the community there by enhancing the brand image of "BSB".

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  3. Hi this is ASIF
    now i can feel that we are not lag behind .
    we can compete with IIM OF India,because all institution prepare & concentrate in shaping a future manager but not social responsible .Our institute giving opportunity
    to our student take a responsibility to help society..........my best regard to all csr committee member's

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