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Effective Use Of
Corporate Social Responsibility
 Definition
 Stakeholders in Business
Environment
 Corporate Social Responsibility
Pyramid
 Reasons for Increased Importance
 Companies Act 2013
 Forms of Implementation
 Effective Way of CSR
Implementation
 Potential Business Benefits
 When do Corporations fall short ?
 Way forward & Conclusion
Table
Of
Contents
 Effectiveness:
Capability of producing a desired result.
 Corporate Social Responsibility:
CSR is the way through which a company achieves a balance
of economic, environmental and social imperatives, while at
the same time addressing the expectations of shareholders
and stakeholders
 Stakeholders:
A stakeholder is any individual, group or organization that
can affect, be affected by, or perceive itself to be affected by
a programme.
HCL: “Technology That Touches Lives”
Definition
STAKEHOLDERS
IN BUSINESS
Microsoft : “Your potential. Our passion”
Employee
Families
Community Customers Employees
Investors Government Partners
CSR
PYRAMID Discretionary
Responsibility
Ethical Responsibility
( Be Ethical)
Legal Responsibility
( Obey the Law)
Economic Responsibility
( Be Profitable)
REASONS FOR
INCREASED
IMPORTANCE
Stakeholder influence
Ethical consumerism
Socially responsible investing
Creating shared value
Public policies
Regulation
Infosys: “Powered by Intellect Driven by Values”
The CSR provisions within the Act is applicable to
companies with
 An annual turnover of Rs 1000 Cr & more,or
 A net worth of Rs 500 Cr & more,or
 A net profit of Rs 5 Cr & more.
nt “
Companie
sAct2013
Promotion of education
Eradication of extreme hunger and poverty
Gender equity and women empowerment
Reducing child mortality and improving maternal health
Social business projects
Environmental sustainability
Employment enhancing vocational skills
List of Activities
Under Schedule VII
Defensive CSR
Charitable CSR
Promotional CSR
Strategic CSR
Transformative CSR
Ford: Built for the Road Ahead
”
FormsOf
Implementation
 Ethical Business Conduct
and Governance
 Our People
 Serving Communities
 Human Rights
 Responsible Sourcing
 Environmental Sustainability
POTENTIAL
BUSINESS
 Triple bottom line
 Human resources
 Risk management
 Brand
differentiation
 Reduced scrutiny
Cisco Systems: “This is the Power of the Network. Now.”
WHEN DO CORPORATIONS
FALL SHORT ?
Approach Towards CSR
Leveraging CSR for Window Dressing
Misdirection
Controversial industries and CSR
Disneyland: “The happiest place on earth”
WAY FORWARD &
CONCLUSION
Voluntary Compliance
Sustainability
Stick to Corporate Values
CSR – Employment Opportunities
Targeting Potential Areas
Understand customers expectations
Use the organization properly
Social Innovation
McDonalds: “We love to see you smile”
THANK YOU

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Importance of CSR

  • 1. Effective Use Of Corporate Social Responsibility
  • 2.  Definition  Stakeholders in Business Environment  Corporate Social Responsibility Pyramid  Reasons for Increased Importance  Companies Act 2013  Forms of Implementation  Effective Way of CSR Implementation  Potential Business Benefits  When do Corporations fall short ?  Way forward & Conclusion Table Of Contents
  • 3.  Effectiveness: Capability of producing a desired result.  Corporate Social Responsibility: CSR is the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders  Stakeholders: A stakeholder is any individual, group or organization that can affect, be affected by, or perceive itself to be affected by a programme. HCL: “Technology That Touches Lives” Definition
  • 4. STAKEHOLDERS IN BUSINESS Microsoft : “Your potential. Our passion” Employee Families Community Customers Employees Investors Government Partners
  • 5. CSR PYRAMID Discretionary Responsibility Ethical Responsibility ( Be Ethical) Legal Responsibility ( Obey the Law) Economic Responsibility ( Be Profitable)
  • 6. REASONS FOR INCREASED IMPORTANCE Stakeholder influence Ethical consumerism Socially responsible investing Creating shared value Public policies Regulation Infosys: “Powered by Intellect Driven by Values”
  • 7. The CSR provisions within the Act is applicable to companies with  An annual turnover of Rs 1000 Cr & more,or  A net worth of Rs 500 Cr & more,or  A net profit of Rs 5 Cr & more. nt “ Companie sAct2013
  • 8. Promotion of education Eradication of extreme hunger and poverty Gender equity and women empowerment Reducing child mortality and improving maternal health Social business projects Environmental sustainability Employment enhancing vocational skills List of Activities Under Schedule VII
  • 9. Defensive CSR Charitable CSR Promotional CSR Strategic CSR Transformative CSR Ford: Built for the Road Ahead ” FormsOf Implementation
  • 10.  Ethical Business Conduct and Governance  Our People  Serving Communities  Human Rights  Responsible Sourcing  Environmental Sustainability
  • 11. POTENTIAL BUSINESS  Triple bottom line  Human resources  Risk management  Brand differentiation  Reduced scrutiny Cisco Systems: “This is the Power of the Network. Now.”
  • 12. WHEN DO CORPORATIONS FALL SHORT ? Approach Towards CSR Leveraging CSR for Window Dressing Misdirection Controversial industries and CSR Disneyland: “The happiest place on earth”
  • 13. WAY FORWARD & CONCLUSION Voluntary Compliance Sustainability Stick to Corporate Values CSR – Employment Opportunities Targeting Potential Areas Understand customers expectations Use the organization properly Social Innovation McDonalds: “We love to see you smile”
  • 14.