Core Values Of Sunway Company

Businesses, specifically larger corporations, play a major role in what occurs in society therefore, they are responsible to their stakeholders not only to pursue economic goals but the greater social good as well. Corporate social responsibility (CSR) means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment. (Lawrence, 2010). Social responsibility is becoming the norm so much so that some businesses have incorporated it into their business model. There are three components of the bottom line of social

After carefully examining different theories and case studies on the relation between corporate social responsibility and financial performance, evaluating and critically analyzing the topic was possible. Even though social issues have been questioned for years, yet only recently have it become a main issue that is usually addressed by companies and corporations (Ahen and Zetting, 2015). An increased demand in research on CSR has shown that some companies have reacted to this matter by investing more in corporate social responsibility as it increases competitive advantage (Crane and Glozer, 2016). CSR can be used as an aggressive business strategy and an efficient marketing tool in order to design and sustain a competitive advantage over competitors (Crane and Glozer, 2016). Corporations understood that in order to be able to function profitably and be competitive in a very competitive market they must

Corporate social responsibility (CSR) refers to business practices involving initiatives that benefit society (2). CSR may also be referred to as "corporate citizenship" and can involve incurring short-term cost that do not provide an immediate financial benefit to the company, but instead promote positive social and environmental change(1).

Suncor Energy’s strategic involvement in corporate social responsibility is a very important factor for me as a possible future employee. I believe a company who gives back to the community where it operates will treat its employees with respect. Their involvement in corporate social responsibility will create a community that will be fertile with employable talents in the future. This participation in corporate social responsibility is seen as an advantage for the company as it will develop the community in which it draws its resources, both human and material. It will also boost the company’s reputation and corporate image and subsequently attract quality applicants.

Several features of the firm, which have been fundamental to the company’s financial strength, are also instrumental in the company’s sustainability performance. Among

Twenty years ago and earlier, with rare exceptions, the only corporate charity was a bit of gifting by the CEO, perhaps to the arts. Ten years ago, corporate philanthropy and volunteerism became popular as an a la carte add on. In these posts from the Clinton Global Initiative (CGI), I am turning the spotlight on the avant garde of CSR: companies that make community and global problem-solving part of their business platform, thus making "doing good" sustainable.

Corporate Social Responsibility (CSR) describes programs adopted by a company in addition to their profit-making ventures. These programs are specifically intended to integrate environmental and social concerns into regular business operations. More than just charity, they act as the “conscience” of the company and balance the social and environmental actions of the company with the desires of the shareholders. (“What is CSR?,” 2015) As a multinational corporation valued at billions of dollars, Bank of America has a large impact on its employees and surrounding communities.

Corporate social responsibility (CSR) is a way for companies to give back to society. There are many ways companies can implement CSR; for example, doing volunteer work, environmental sustainability initiatives, or charitable donations. When companies take on certain programs to help the community it can be a financial cost, but the

Corporate social responsibility (CSR) involves organizations taking into account the social and environmental impact of corporate activity when making

CSR is the obligations of the business to pursue those policies, to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society. According to (Carroll and Shabana, 2010), CSR has also become one of the most orthodox and widely accepted concepts in the business world during recent years. According to (Sweeney and Coughlan 2008) and (Maignan and Ralston 2002; Wanderley et al. 2008), Organizations increasingly use CSR activities to position their corporate brand in the eyes of consumers and other stakeholders, such as through their annual reporting . communicating about social activities does not always benefit the communicating organization, notably because CSR communication may trigger stakeholders' scepticism and cynicism (Mohr et al. 2001; Schlegelmilch and Pollach 2005).Many organizations engage in CSR because they believe that it is in the organization’s best

Corporate social responsibility, or CSR, has been conceptualized rather broadly as the managerial obligation to take action to protect and improve both the welfare of society as a whole and the interest of organizations. In recent years, corporate social responsibility has been becoming increasingly important and is held

Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce a positive impact on society. Companies introduce new products in markets, usually after testing

Corporate Social Responsibility (CSR) which can also be sustainable responsibility business/ responsible business strategy functions as a built – in, self-regulatory system whereby a business screens and ensures that activities are complied with, in the spirit of the laws, moral standards, and global standards. The objective of CSR is to embrace responsibility regarding the organizations activities and encourage a positive effect through its activities on the environment, consumer’s employees, communities, and all different individuals of the public who might be considered as stake holders. The basic underlying understanding of CSR concept is the voluntary engagement of companies to coordinate their business operations with the social and natural expectation of their stakeholders.

Social responsibility or also called Corporate Social Responsibility (CSR)- is the firm’s engagement (voluntarily initiated) in and its compliance (legally mandated) to environmental, social, and governance issues (The Foundation, 2014). Also, is based on stakeholder’s needs being financially sustainable, and CSR can come from both corporate or not-to-profit organizations. CSR has seven categories; Leadership, vision and values; Marketplace activities; Workforce activities; Supply chain activities; Stakeholder engagements; Community activities (Eurofound, 2017). CSR originated in the 1950’s, when people believed that the actions of corporations are closely related to society and the public, and should conform to and satisfy social values

Corporate Social Responsibility (CSR) is a concept companies utilize to decide voluntarily in contributing to a better and cleaner environment. Growing concerns by leaders has realized the importance of CSR to maximize optimal profits of their firms. Companies integrate social and environmental concerns in their business operations as well as with their stakeholders on a voluntary basis. Labbai, (2007) defines CSR as a continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society.