Category: Social Responsibility

The concept of corporate social responsibility (CSR) suggests that the company voluntarily assumes additional obligations to society. That is, it not produces high-quality and safe products, but also invests additionally in its employees, the environment, and the territory of its presence. In addition to the fact that the company must bring money to its shareholders,…

The stakeholder model of corporate social responsibility implies that managers are responsible for corporate decisions since they influence various stakeholders. On the one hand, every business decision is associated with some costs that fall on certain stakeholders. At the same time, other stakeholders benefit from the decisions. According to the theory, managers should balance costs…

The social responsibility of companies in the modern world is an important criterion for a responsible and respected business. There are many ways to take care of different aspects of social life, and each company can prioritize according to its idea of ​​what is essential. TOMS Shoes is an international footwear company founded in 2006…

Table of Contents Introduction Socially Responsible Efforts Benefits Socially Responsible Policy Conclusion References Introduction As businesses continue to grow, their impact on society and the environment has become more critical. Social responsibility refers to the idea that businesses should make decisions that promote ethical and social good while balancing the company’s and its stakeholders’ interests…

Table of Contents Introduction Discussion Conclusion References Introduction TOMS Shoes and The Body Shop are two companies that are known for their efforts toward promoting ethical and social good. TOMS Shoes has a “One for One” business model, where for every pair of shoes purchased, a pair is given to a child in need. This…

Introduction Sustainability in business is increasingly becoming a necessity in the corporate world with the UN and affiliated organizations emphasizing on the need for organizations to adopt policies and systems which promote the same. The goals of sustainability such as ending poverty, pollution prevention, waste reduction, quality education, gender equality, reuse and recycling, clean energy,…

As stated in the ISO 26000 guidelines, when enterprises act in an ethical and fair way, they contribute to the development of social welfare. Ethical conduct implies fair recruitment and HR activities, implementation of green technologies, charity, consideration of needs and interests of diverse stakeholders. By following the principles of corporate social responsibility (CSR), not…

This essay sample explores Walmart social responsibility and ethics, their initiatives, and related issues. Check it out if you’re curious about Walmart CSR. Table of Contents Executive Summary Introduction Wal-Mart’s Current Economic Status Political Status of the Company and the Associated Concerns Civil Society and Wal-Mart: Analysis Environment and Wal-Mart: Maintaining Sustainable Use of Resources…

Corporate social responsibility (CRS) is considered to be a significant part of any business strategy. It is usually connected with “the establishment and operation of the value chain and with a clear, direct benefit for both the company and the community” (Urip, 2010, p.69). To succeed in business development, a company has to monitor and…

The beginning of the 21st century has been thus far marked by a rapid and wide spread of the social justice and environmental sustainability movements. While previously, issues related to human rights and preservation of the environment were considered to lie in the domain of local and national governments, now the focus shifted, to a…