* Corporate social responsibility is a form of corporate self-regulation integrated into a business model. * CSR policy functions as a built-in, self-regulating mechanism whereby business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. * The goal is embrace responsibility for, and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. * Furthermore, CSR-focused businesses would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of …show more content…
* The carbon credits earned will also be shared with the tribals and farmers, enabling them to participate in an international carbon market mechanism. Integrated Watershed Development * Recognizing the vital role that irrigation and water play in the rural economy, ITC supports the creation of watershed projects in water-stressed areas, providing precious water resources for agriculture, rural communities and livestock. * Based on a participatory approach that involves local communities, the programme facilitates building, reviving and maintain water harvesting structures as well as management of water resources to reverse land degradation, provide critical irrigation and increase agricultural productivity. Providing Supplementary Education * ITC’s supplementary Learning Centres offer additional coaching that backs up school learning, stemming drop-outs and enabling more children to complete school. ITC’s also supports outreach projects, including mobiles libraries that foster the reading habit and a ‘roaming laptop’ programme that promotes computer skills and interactive learning. Economic Empowerment of Women * ITC’s initiatives provide sustainable economic opportunities to poor women in rural areas by assisting them to form micro-credit self-help groups that enable them to build
CSR is about how companies manage the business process to produce an overall positive impact on society
CSR is all about businesses understanding the effects that they have on the community/wider world. Businesses will use this impact in a positive way to
As we all understand, the Earth has many landmarks and it is these physical features that create an abundant and organized system within which we thrive. One of the most abundant natural resources on the planet is water and the importance of this element is as crucial as any other. For the fortunate few who get to utilize it, this amazing reserve provides us with our necessity for daily consumption as well as our ability to grow just about anything we please. Common irrigation practices are essential for gathering water into a contained area to grow crops that would not typically survive in areas without heavy rainfall. As a matter of fact, “irrigation is an ancient practice that originated along the Tigris and Euphrates Rivers in what is now Iraq” and is now the result of an estimated 40 percent of all crops grown around the world (Water Encyclopedia). This tactic has provided many different cultures with numerous varieties of crops as well as growth in crop yield which in turn dramatically advances human civilization. As we develop into a more progressive society, the tools and systems used to grow our crops also become more intelligent as well as sustainable
This essay is a review of the article “Growing More Food with Less Water”, written by Sandra Postel. According the article, our global freshwater sources, including underground aquifers and rivers are stressed beyond their ability to provide freshwater. Agriculture redesign is necessary with the two primary goals being to cut water demands of mainstream agriculture and bring low cost irrigation to poor farmers. Typical irrigation, crop furrow flooding is a main cause of wasted and polluted water. This article discusses alternatives to typical irrigation. These alternatives have been tested onsite by farers and surveyed.
Thus, the agriculture sector must implement methodologies that guard and expand water for its own economic benefit as well as for societal and environmental needs.
The society cannot afford to ignore the fact that water resources are limited. According to IFPRI (International Food Policy Research Institute), by 2050, there will be 4.8 billion people who will be struggling with limited water resources. This is over half of the world’s population. As the world’s population grows, there will be a greater need for economic development and more food. Factories producing grain use water more than any other input. In fact, water accounts for almost half of all inputs in the manufacturing industry across the globe. By
Corporate Social Responsibility: Corporate social responsibility is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby businesses monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.
Farmers over-irrigate and under irrigate their produce causing famines and severe soil erosion. As the nation and the world have sunk into a global water crisis, every drop counts. Day by day, the evaporation rate increases. Farmers can’t tell the maximum and minimum amounts of water in their land. That’s where our innovation comes into play.
provide and expand the coverage of clean and treated water in order to enhance a good quality of life in rural areas. Systems such as gravity flow, tube well and rainwater harvesting were also implemented.
With an emphasis on the Water Project, actions are being taken that would improve the quality and quantity of Ethiopian citizen’s access to water. On the homepage of the Water Project’s website, the organization states its purpose, as well as what people around the world can do to help eliminate the water crisis in Ethiopia, priding itself on the fact that it is one of the only organizations to provide detailed documentation of their progress. According to “Water in Crisis - Spotlight Ethiopia”, if one person would donate only $1 toward funding the construction of dams and rain catchment systems, there would be a return of $3 - $34 in economic growth. With a focus on sub-Saharan Africa, the Water Project has currently constructed 1,303 wells, which tap into the reservoir of water located just beneath the surface of Ethiopia. The Water Project is adamant on making an impact in the lives of African citizens by not only establishing wells, but by creating the wells to be reliable and sustainable. Through the use of donations, the Water Project is implementing new technologies alongside the wells in order to involve donors. In spite of all the proactive and effective ways that the Water Project is utilizing its donations, there is currently not enough money available for them to expand in establishing more projects. Due to geology, climate, and technology, the
WaterAid works with local partners who study and understand local issues, providing them with the skills and support they need to help communities set up practical and sustainable projects. Technologies are used that fit the local context and people are trained to maintain them. By teaching people to be able to support themselves, WaterAid is allowing small communities and villages to have knowledge about hygiene and health for further generations to stop the poverty they find themselves in.
The concept of Corporate Social Responsibility is a relatively new in the management field and there is no single definition of it since everyone’s interpretation of the term is different. “Corporate Social Responsibility means something, but not always the same thing to everybody.” (Votaw, 1972, p.25) and from my understanding of the concept, CSR to me is “The voluntary business activities within the boundary of law that contributes to the wider community for a more sustainable environment”. Since everyone has a unique interpretation of CSR, the range of relevant CSR practices across businesses has been quite diverse as there is no such thing as features of CSR (Marcel van Marrewijk, 2003). Rising environmental and social concerns in
As a group, the community must analyze and criticize the behavior of its member in order to arrive at a consensus on the tolerance of business practices and behaviors. However, the community’s inclinations may provide an obstacle to the entry and continuation of business activity within the community. Governments, as representative of the community, will attempt to influence and regulate the behavior of companies to reflect the expectations of the community in which they operate, as is the case of government mandated. “The main idea behind CSR is
Corporate Social Responsibility (CSR) is part of the reality of doing business. CSR is also known as corporate science, corporate citizenship or responsible business. CSR is important for both business as well as society. CSR is all about how a company is able to show and manage its positive impact on the society. CSR is able to earn its own name in the world of business.
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.