CORPORATE SOCIAL RESPONSIBILITY
CONCEPTS:
More than just honesty, integrity.
DEF: Managers obligation to protect and promote the
welfare of all stakeholders.
Stakeholders: Individual or group that has interest in the
business.
Traditionally businesses are there to create wealth.
More managers believe their actions lead to huge
consequences for people in external and internal
environments.
Social performance NB to customers, suppliers, government,
and society.
ENVIRONMENTALLY SUSTAINABILE OPERATIONS:
Global awareness – pollution.
Waste management.
Carbon tax (petrol price)
4 Ps of sustainable design:
1. Product
2. Process
3. Practice
4. Premises
5 elements of sustainability:
1. Make operation environmentally sustainable (planet).
2. Make operations socially sustainable (people).
3. Make operations economically sustainable (profit).
4. Make society sustainable (CSR).
5. Influence suppliers = Triple bottom line + CSR.
SOCIALLY RESPONSIBLE OPERATIONS:
- BBBEE
- HIV/AIDS
- Empowerment and skills development
- Occupational health and safety.
- LRA
, ECONOMICALLY RESPONSIBLE OPERATIONS:
- Measures economic growth.
- Growth is seen as physical development.
- Companies need to grow in order to be successful.
- Companies will show in their profit statements how they are
applying their profits.
SOCAILLY = SUSTAINABLE:
- Be active in community.
- Addressing social issues like education, health care, etc.
- Fair income distribution.
- Fair access to income and education.
- Fair distribution of costs and benefits of environmental
protection.
- Fair trade
- Fair access to prices between all social, gender, and cultural
groups.
- Similar chances of wellbeing between generation.
INFLUENCE SUPPLIERS:
- Ensure no negative consequences for environment or
society.
- Pressure for supplier’s sustainable activities.
- Precaution to do business with ethical suppliers.
CONCEPT OF CSR:
- Includes mission statement, purpose for business and society.
- Organisational culture.
- Appoint a CSR committee.
- Focus on one or two areas.
- Buy in from top stakeholders is NB.
- Develop CSR commitments and set targets.
- Identify resources.
- Get resources, gather employees, and money.
- Communicate CSR plans and objectives to stakeholders.
- Describe the details of plans.
- Implement it.
- Evaluate it.
- Reward CSR involvement.
CONCEPTS:
More than just honesty, integrity.
DEF: Managers obligation to protect and promote the
welfare of all stakeholders.
Stakeholders: Individual or group that has interest in the
business.
Traditionally businesses are there to create wealth.
More managers believe their actions lead to huge
consequences for people in external and internal
environments.
Social performance NB to customers, suppliers, government,
and society.
ENVIRONMENTALLY SUSTAINABILE OPERATIONS:
Global awareness – pollution.
Waste management.
Carbon tax (petrol price)
4 Ps of sustainable design:
1. Product
2. Process
3. Practice
4. Premises
5 elements of sustainability:
1. Make operation environmentally sustainable (planet).
2. Make operations socially sustainable (people).
3. Make operations economically sustainable (profit).
4. Make society sustainable (CSR).
5. Influence suppliers = Triple bottom line + CSR.
SOCIALLY RESPONSIBLE OPERATIONS:
- BBBEE
- HIV/AIDS
- Empowerment and skills development
- Occupational health and safety.
- LRA
, ECONOMICALLY RESPONSIBLE OPERATIONS:
- Measures economic growth.
- Growth is seen as physical development.
- Companies need to grow in order to be successful.
- Companies will show in their profit statements how they are
applying their profits.
SOCAILLY = SUSTAINABLE:
- Be active in community.
- Addressing social issues like education, health care, etc.
- Fair income distribution.
- Fair access to income and education.
- Fair distribution of costs and benefits of environmental
protection.
- Fair trade
- Fair access to prices between all social, gender, and cultural
groups.
- Similar chances of wellbeing between generation.
INFLUENCE SUPPLIERS:
- Ensure no negative consequences for environment or
society.
- Pressure for supplier’s sustainable activities.
- Precaution to do business with ethical suppliers.
CONCEPT OF CSR:
- Includes mission statement, purpose for business and society.
- Organisational culture.
- Appoint a CSR committee.
- Focus on one or two areas.
- Buy in from top stakeholders is NB.
- Develop CSR commitments and set targets.
- Identify resources.
- Get resources, gather employees, and money.
- Communicate CSR plans and objectives to stakeholders.
- Describe the details of plans.
- Implement it.
- Evaluate it.
- Reward CSR involvement.
