A Company 's Corporate Social Responsibility Essay

Among the most monumental examples of failure regarding corporate social responsibility, that is to "maximize profits within the law" (Dejardins, 2014, p.53), is the Deepwater Horizon blowout catastrophe, occurring April 20, 2010. Historically noted as the single greatest environmental failure in the United States, the blowout of the Macondo well claimed 11 lives, injured dozens more, leaked 4.9 million barrels of oil into the Gulf of Mexico, disrupted ecosystems and communities globally, and economic loss as a result of a phenomenon know as "effective compression" which occurs when there are "extreme pressure differences inside and outside the drill pipes, causing them to buckle", Enerknol Research (2015). Influenced by the article Deepwater Horizon 's Final Hours, http://www.nytimes.com/2010/12/26/us/26spill.html?pagewanted=all, questions to explore regarding this event are: What was the path to this tragedy? What are the causes and consequences of this disaster? What are the lessons learned? Who is ethically responsible? These questions and more will be examined through first hand accounts of the men and women working on Deepwater Horizon, statements given by Transocean, BP Oil, research firms findings as well research and facts from government and environmental organizations. A number of parties were involved to some degree on the Macondo well blowout, however, I surmise, that as the lead and greatest benefactor that responsibility for the great magnitude of this

Corporate Social Responsibility (CSR) is a very controversial topic. A question that has been debated for the past few decades is; is it corporately viable to introduce social responsibility as a proposed addition to the work ethic of business organisations. As well as, if adopting the framework of corporate social responsibility would yield positive improvements for those organisations.

Moreover, Canada should know their environmental responsibilities as companies need space for land and lots of water for dumping waste. This increases risks for injuries to occur as employees enter harsh environments. Workers end up exposed to coal dust and silica for long periods which causes serious health problems. In areas of mining companies exists pollution at an increased rate that makes the soil and water enriched with heavy metals and livestock. Globally, businesses corporate social responsibilities that are essential as they consist of four strategies: the shareholder strategy, the alustric strategy, the reciprocal strategy, and the citizen strategy. The shareholder strategy is where the corporate social responsibility is looking for an overall profit and the same to reach threshold. Secondly, the alustric strategy is where the company declares themselves unaccountable for society and allows for responsibility to fall towards the person leading the firm - the manager. Next, the reciprocal strategy has an individual who looks for the flaws in both economic and social perspectives. Lastly, the citizen strategy is where there is a business analysis that includes individuals who have different expectations and interests for continuing the company’s goals. NGOs also pressure companies to fix remedies to help the victims of the violations.

Although not all companies are successful at truly embodying what it means to be green, even companies that have been synonymous for contributing pollutants and greenhouse gasses spend millions trying to convince stakeholders that they do. It’s often these last two dimensions of CSR—social and environmental, that either embroil a corporation in controversy or allow it to serve as an exemplar in good ethical business practices.

We will look at the Enron Corporation and discuss its application of Corporate Social Responsibility (CSR) or in actuality its irresponsible behavior as related to social responsibility. We will revisit what CSR is and discuss Enron’s philosophy regarding its use and function within the corporation. We will discuss the consequences of Enron’s irresponsible behavior and the far reaching effects it had on society.

This paper discusses the case of Cameco in Kyrgyzstan. The company must determine how it wants to approach the issue of corporate social responsibility with its mining operations in Kyrgyzstan. The company's decision should reflect its philosophy, its business model and its strategic objectives. It is recommended that Cameco takes a proactive approach to CSR in order to build its reputation as an ethical business partner.

Shared value is a business strategy which focuses on creating overall value while addressing social problems. This concept of management strategy was expressed in the “Creating Shared Value” article by Porter and Kramer. Shared value is not just an aspect of a company’s growth strategy or general business operations. It is well integrated in the way a company operates along with what their goals are as an organization. The value created for a company’s targeted end user also has some sort of social impact which benefits their company purpose. Creating social impact is a company goal and success is measured through creating a shared value network. Porter believes that “The ability to address social issues is integral to profit maximization instead of treated as outside the profit model.” He is addressing that profits are not measured by impact not just monetary gains for the company, we can change our mindset to think of profit in a different way. Profit can be a benefit or some sort of added value. In this approach Porter argues that “Corporate social responsibility encompasses not only what companies do with their profits, but also how they make them.” This relationship is the driving force for a company’s development and future growth, and it goes beyond corporate strategy it also incorporates investments and key stakeholders for each company. Quantifying a monetary figure and amount for social impact may be extremely difficult, however it has progressed with awareness and

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

This is essay will focus on analyzing how corporate social responsibility (CSR) influences the investor relations of a corporation and whether it is good for the society, using Gasland and FrackNation as examples. In the contemporary society, CSR sounds like a commendatory term for the society. Over decades, it seems like that both the public and the media are trying to encourage corporations to behave more responsibly, and corporations are gradually becoming more socially aware in the contemporary society because they know they cannot afford the consequence of ignoring it. (Bernstein, 2009:606) However, CSR is not always beneficial. One of the major practices of public relations is investor relations, because the concerns of a corporation’s investors can directly relate to its welfare. When the corporations paid more attention on CSR, their investors will inevitably somehow feel ignored. As a public which has real material input to the corporations, investors are seeking for future returns, they want to be treated specially by the corporations that they invest. Also, value too much about CSR can make corporations become the victim of being morally hijacked, which may harm both a corporation’s financial success and the whole society’s harmony.

For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got to be worry about the principled ground of attaining to social commitment. Latter 1880 manifestation of the accountability for society has got soundness however after that period the association started to include in humanitarian force strongly (Adamsson and Johansson 2008). This study hopes to explore the corporate social responsibility and furthermore how and why affiliation its participate in corporate social responsibility. A number of multinational firms offering essentialness to the social and business substance that can give an organization a humane face and eventually it will bring notoriety and moment business advantage as individuals get to be unwavering to this. Thus, this is the reason organizations are taking CSR issue as an unquestionable requirement for getting an additional profit on present exceptionally aggressive world and along these lines happily keeping their buyer group protected from other rivalry.

For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got to be worry about the principled ground of attaining to social commitment. Latter 1880 manifestation of the accountability for society has got soundness however after that period the association started to include in humanitarian force strongly (Adamsson and Johansson 2008). This study hopes to explore the corporate social responsibility and furthermore how and why affiliation its participate in corporate social responsibility. A number of multinational firms offering essentialness to the social and business substance that can give an organization a humane face and eventually it will bring notoriety and moment business advantage as individuals get to be unwavering to this. Thus, this is the reason organizations are taking CSR issue as an unquestionable requirement for getting an additional profit on present exceptionally aggressive world and along these lines happily keeping their buyer group protected from other rivalry.

Corporate Social Responsibility or Corporate Social Necessity? Evaluation of the effects of Corporate Social Responsibility (CSR) in construction, real estate and related industries and analyzing the marketing strategy of the company ‘ENKA’ upon its level of commitment to CSR. For: CEM Assignments Office Date: 27/02/2013 From: Deniz Berkan Unsal Moscow, Russian Federation

There are now several concepts of CSR and its definition, along with the meaning across corporations. In my opinion, and according with our textbook in page 11. CSR is about a particular set of business and strategies that deal with social issues. In addition, we can clearly perceive that CSRs application along corporations has increase in the past decade due to the several local, and international regulations in order to enforce business to act responsible.

‘Corporate social responsibility’ (CSR) means that the firm has wider responsibilities in relation to objectives and people apart from the owners or shareholders (Beal and Goyen 2005). These responsibilities are achieved when the firm adapts all of its practices to ensure that it operates in ways that meet, or exceed, the ethical, legal, commercial and public expectations that society has of business. Objectives often associated with CSR include a responsibility to manage natural assets sustainably and not to pollute by chemical discharge, smell, noise, dust or other irritants; fair treatment of employees and ethical attitude towards clients. The other people include employees, customers, suppliers,

“Successful people have a social responsibility to make the world a better place and not just take from it.”