Csr and Gazprom

Corporate social responsibility (CSR) is a broad term used to describe a company's efforts to improve society in some way. These efforts can range from donating money to non-profits to implementing environmentally-friendly policies in the workplace. CSR is important for companies, non-profits, and employees alike.

Based on my interpretation of CSR, I see it as a voluntary obligation that companies have promised to their stakeholders to fulfill by improving, or at least not harm, the environmental and social wellbeing. When companies engage in CSR, they voluntarily promise to, for example, carry the responsibility to protect the environment and take actions against bribe or other corruptive activities related to their business. It certainly has some positive influences to specific areas based on my knowledge gained from other classes; nevertheless, when judge CSR in the context of total impacts on our society and environment, it is obvious that CSR has failed its mission to lessen the negative impacts of business based on the evidences that provided by the author. Also, since there is a strong positive relationship between CSR behaviors and consumers’ reactions to a firm’s products and services, it seems to me, now, that CSR for the most companies is just a fancy cover that helps them to create or promote a good image and reputation. The recent case that shows the failure of CSR of Volkswagen even make me believe that CSR programs may be just a marketing or public relation exercise for many

This article is study of Corporate Social Responsibility (CSR) and sustainability. It mainly speaks about the origin and the operations of CSR programs in the United States of America from the 1980’s.

Corporate social responsibility (CSR) is the ethical behaviour of a company towards society it operates in. It is a commitment to the concern to the society’s sustainability & development.

Corporate social responsibility (CSR) is a term used to describe a company’s efforts to improve society in a certain way. These efforts range from donating money to an organization such as a nonprofit organization, to implementing environmentally friendly policies in the workplace. This idea is not required for companies; instead it is something that companies do to improve their communities. The way companies practice CSR is different from company to company, and some companies may not even practice it at all.

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.

Corporate social responsibility (CSR) is the 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 at large.

and corporate social responsibility (CSR)”. Business need to transform for sustainable development. “CSR” is not only an empty talk which is also become the determinate factor of a company. “Jacoson and Nelson(2004) take more of a how-to approach, offering a principle-based framework for mastering what they called ‘new rules of the game’.” (Alessia, 2009) CSR of business began to wake. “There is growing sense that looking after the people and the community as well as the environment are all relevant to long-term business survival.” (Alessia, 2009) As the CSR become a esthetic standard and sustainability standard for a business, companies focus more on triple bottom line-people, profit and planet-also could definite as environmental, societal and business arenas. CSR is a start to lead business to sustainability. It is more likely a principle to measure companies’ ethics and sustainability. Berkhout indentified some challenges for companies under the CSR principle. “How to balance its social and environmental responsibility with its economic responsibility to

Corporate social responsibility (CSR) is describe as a company undertake the voluntary activities to operate in an economic, social and environmentally maintainable manner. According to the (Raman, Meenakshi.& Singh, Prakash., 2012) which describe corporate social responsibility is a perception whereby companies integrate social and environment concerns in their business operations as well as in their interactions with their stakeholders on a voluntary basis. Petronas’s company have doing a lot of corporate social responsibility that will give benefits to the society and environment.

While it is important for a company to make a profit, a business also has a responsibility to help better the community, this is referred to as a company’s Corporate Social Responsibility (CSR). Some elements of CSR that corporations focus on are sustainability, community service, and consumer affairs. A company’s CSR is featured on its website, however, some corporations fail at following through with their social and environmental responsibilities. For example, Gazprom, a Russian company focused on exploring new ways to use natural gas, plays a large role in the destruction of many natural environments. Gazprom was founded in 1989 and it is headquartered in Moscow, Russia. Gazprom’s website highlights many charitable acts done by the company, but it does not mention much of what the company has done in terms of the environment. This is because Gazprom is notorious for being environmentally unfriendly. Not only is Gazprom unconcerned with the environment, the company also abuses its strong market power and charges unfair prices to customers.

First, what is CSR? CSR is corporate social responsibility, which “refers to business practices involving initiatives that benefit society. A business 's CSR can encompass a wide variety of tactics, from giving away a portion of a company 's proceeds to charity, to implementing "greener" business operations” (Sammi Caramela). “Corporate social responsibility is a corporation’s initiative to assess and take responsibility for the company’s effects on environmental and social wellbeing. The term generally applies to efforts that go beyond what may be required by regulators or environmental protection groups” (Corporate Social Responsibility).

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.

During the 1970s, the Business world became aware of damages engendered by the human activity, in particular environmental damages. For this reason appeared the notion of « sustainable development » in the Brundland report (1987). This notion can be defined as the mean to assure the development of the current generation without compromising the development of future generations. The Corporate Social Responsibilities (CSR) are in a sense the contribution of companies to respect the stakes of the sustainable development. According to Carroll (1983), “corporate social responsibility involves the conduct of a business so that it is economically profitable, law abiding, ethical and socially supportive”. The Corporate Social Responsibilities of companies is a sort of self-regulation based on social, environmental and economic concerns. This match the “triple bottom line” theory: “People, Planet, Profit”. Over the years, Corporate Social Responsibility expanded and became very important in the Business organisation and a large number of companies take part in CSR initiatives. In 2004, approximately 90% of the 500 best performing companies according to Fortune magazine had invested in CSR efforts.

As the European Commission defined, Corporate Social Responsibility (CSR) is “a concept whereby companies integrate social and environmental concerns in their operations and in their interaction with their stakeholders on a voluntary basis.”