Corporate social responsibility case study infosys - essays on citizenship









corporate social responsibility case study infosys

corporate social responsibility case study infosysCorporate social responsibility case study infosys -Out of the 100 questionnaires administered, eighty six (86) were completed and retrieved.These efforts reflect in its day to day activities.The World Health Organization (WHO) and United Nations Children’s Fund (UNICEF) estimate that there are more than 620 million people practicing open defecation in the country, or nearly half the population of India.Government and industry each has a role to play in shaping sensible measures to achieve this goal.” Kowalski’s letter, noted the case study, was not the first time the company has expressed disagreement with the federal government’s decision to permit mining in environmentally sensitive areas. has “expressed concern over mine suitability, antiquated federal regulation, and the responsibility of the mining and jewelry industry to promote change.” But this particular letter had come at a critical moment – right after the U. Department of Agriculture had approved Rock Creek Mine and after several non-governmental organizations (NGOs) had launched a campaign to publicize the environmental and social impact of the gold mining industry.In the letter, Kowalski criticized the government’s reliance on an antiquated law used to grant approval for the development of a silver mine – to be called Rock Creek Mine – in Montana’s Kootenai National Forest.Needless to say, a bunch of people are born as CSR consultants.Brings into question Tiffany’s commitment to being an ecology-minded company, creating a negative “halo” for the company.Poor sanitary measures set India back by Crores of rupees every year due to illnesses, and its cost, to rural families and to the economy, as a whole, in terms of productivity losses, and expenditure on medicines and public health care are enormous.They focus on enhancing the capabilities of human resources professionals, enabling them to compete on a global level, thereby creating value for society.Therefore in all, two hundred and fifty (250) consumers were interviewed over a period of three days (3) at the selected shopping centers.Doing Nothing, various class members concluded, offered a range of consequences and risks: Potentially damages brand equity, leaving Tiffany open to attack by an NGO or another organization and making the company vulnerable to criticism.If you pass a circle near Madhavan Park, Jayanagar, you will find a nicely done small garden around the centre of the circle with a nameplate ‘Maintained by ‘Cloud Nine Hospital’ This is CSR.Tesco can influence society at large owing to its size and scale of operations and it does so by encouraging its employees and customers to become more socially responsible.To ensure an efficient research study three different categories of respondents were involved in the study.The National HRD network is the national apex body, comprising of professionals who are committed to the promotion of the HRD movement in the country.Soon after the awards presentation, our team presented the CSR practices again and took questions from the audience.“Jewelry is not discretionary,” Kowalski began when he recently addressed MBA students in Wharton marketing professor Stephen J.Other reasons cited for its persistence in India include poverty (the inability to afford toilets), landlessness and tenants in housing without toilets, and deep-rooted cultural and social norms that have established open defecation as an acceptable habit.This means we have a year-on-year program of focused action to drive improvement.” – Terry Leahy, Group Chief Executive, Tesco in “Tesco CSR Review,” 2001-02 Corporate Social Responsibility (CSR) at Tesco (UK’s largest retailer and one of the top supermarket operators in the world) is an important part of its corporate structure.This study was however, limited to finding out exactly how much impacts Corporate Social Responsibilities contribute to the overall profitability of organisations.corporate social responsibility case study infosysSmriti Irani addressed the Conference on the use of Corporate Social Responsibility funds for construction of toilets in schools in New Delhi today () as part of the Swachh Bharat Swachh Vidyalaya Campaign. Raghupati Singhania, Chairperson, J&K Tyres and Chairperson CII, CSR initiative and other Heads of private sector corporations attended the Conference.The NHRD serves as a reference point for all HR professionals in the Indian industry.The board and the executives receive quarterly updates on CSR performance, using which future risks and opportunities are evaluated…Some of the corporates are suggesting changes in the CSR guidelines.As per the guidelines on CSR, all profit making Central Public Sector Enterprises (CPSEs), including Maharatna CPSEs are required to select CSR activities and to undertake them in a project mode, and are required to allocate a budget mandatorily through a Board Resolution as a percentage of previous year’s net profit in the following manner (Para 1.5.1 of Guidelines on Corporate Social Responsibility and Sustainability for Central Public Sector Enterprises, 1st April 2013): Loss making CPSEs are not required to earmark specific funding for CSR activities.Three hundred (300) consumers were randomly interviewed face to face at some selected shopping malls at Lagos state.The work of 1001 toilets will begin tomorrow, 2nd October 2014 in various states. Kowalski, chairman and CEO of Tiffany & Co., the world-famous luxury jeweler and specialty retailer, wasted no time correcting what he called a “misperception” about his company’s products.CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and international norms.If we could cut down expenses incurred due to illnesses and lack of productivity due to illnesses, our economy would get further impetus.With some models, a firm's implementation of CSR goes beyond compliance and engages in "actions that appear to further some social good, beyond the interests of the firm and that which is required by law." CSR aims to embrace responsibility for corporate actions and to encourage a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others.Corporate Social Responsibility is not a new concept in India, however, the Ministry of Corporate Affairs, Government of India has recently notified the Section 135 of the Companies Act, 2013 along with Companies (Corporate Social Responsibility Policy) Rules, 2014 "hereinafter CSR Rules" and other notifications related thereto which makes it mandatory (with effect from 1st April, 2014) for certain companies who fulfill the criteria as mentioned under Sub Section 1 of Section 135 to comply with the provisions relevant to Corporate Social Responsibility.The silent, subtle approach might actually compromise Tiffany’s existing environmental strategies and its ability to attract socially responsible investors.As per CSR guidelines, the CSR policy of the business entity should provide for an implementation strategy and include identification of projects/activities, setting measurable physical targets and timeframe, organizational mechanism and responsibilities, time schedules and monitoring.From the study it also was clear that most customers or consumers are not aware on CSR and even understand the meaning.121-C of 2011) and Gazette of India 30th August 2013 (but yet to be notified ), every company having net worth of rupees five hundred Crore or more, or turnover of rupees one thousand Crore or more or a net profit of rupees five Crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which at least one director shall be an independent director.Open defecation is prevalent among all socio-economic groups in rural India though the bottom two wealth quintiles bear the heaviest burden.How should Tiffany proceed in its campaign to promote responsible mining for both silver and gold? And would Tiffany’s public commitment to responsibly-mined minerals and metals keep NGOs from attacking the Tiffany brand, or would the company’s efforts serve as a lightning rod for NGO attacks?The objective of NBA is to accelerate the sanitation coverage in the rural areas so as to comprehensively cover the rural community through renewed strategies and saturation approach.Nirmal Bharat Abhiyan (NBA) envisages covering the entire community for saturated outcomes with a view to create Nirmal Gram Panchayats. corporate social responsibility case study infosys Every year Tesco publishes its ‘Corporate Social Responsibility Review’ outlining its approach, implementation and policies in the coming year and the accomplishments in the past year.Proponents argue that corporations increase long term profits by operating with a CSR perspective, while critics argue that CSR distracts from business' economic role.The PSU wise allocation is NTPC-240, PGCIL-90, NHPC-56, PFC-72, REC-90, NEEPCO-06, SJVNL-21, THDCIL-05, Coal India Ltd-400, NLC-25,1REDA-04.A special focus is given to recycling, use of organics, use of energy and water, as well as its charity and community initiatives.Hoch’s marketing class and in four other classrooms participating via videoconferencing hookups.Fosters even more scrutiny to determine just how committed Tiffany is to the “green” agenda.Source: Power, Coal, MNRE PSUs to Construct 50,000 Toilets in Schools; Work on 1001 Toilets As a part of the “Swachh Bharat Mission”, the Public Sector Undertakings (PSUs) under the Ministries of Power, Coal and New & Renewable Energy will construct 50,000 toilets in schools all over the country within next one year up to August 2015.There are paid seminars and workshops on CSR being held across India.Kowalski cited the environmental hazards that the proposed copper and silver mine would produce, ranging from millions of gallons of waste water to “vast quantities of mine tailings – a polite term for toxic sludge.” As Kowalski wrote in his letter: “Minerals should – and can – be extracted, processed and used in ways that are environmentally and socially responsible.The Ministry of Drinking Water and Sanitation administers the Nirmal Bharat Abhiyan (NBA) in the rural areas of the country.As the case study noted, “Targeting brands was like discovering gunpowder for environmentalists.” Forces the company to operate from a stance of damage control, responding to agendas framed by others; forces company into a position of responding only “after the fact” at a time when rumor mills threaten to diminish any company response.The Minister indicated that the Prime Minister’s Mission of a Clean India by 2019 can only be achieved if we provide good clean environment in schools including functional toilets to every child so that she becomes a change agent for a larger goal that we have set for ourselves. The Chairman NTPC and senior officials from other public sector corporations and members of industry associations participated in this Conference.This well-established traditional behaviour is deeply ingrained through a practice which is transfered from parents to children.Secondary data for the study were obtained from the internet, journals, financial statements of Guinness Nigeria Plc and trade journals such as the business and financial times.The Ministry is committed to having India Open Defecation Free (ODF) by 2022, but to achieve this, requires combined fresh action and efforts/initiative from all quarters whether from Government, Corporate or from Non Government organizations.The Board of every company shall ensure that the company spends, in every financial year, at least two percent of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy Source: CSR Guidelines for Sanitation: India has a massive problem of open defecation.These include charity, fund raising for a cause and promoting education.For the construction of these toilets, 50 % of the Corporate Social Responsibility Budget will be earmarked during the financial year 2014--16.Thus, confirming that there is a positive relationship between Corporate Social Responsibility and profitability.Impact Of Corporate Social Responsibilities On Organisational Profitability Case Study Of Guinness Nigeria Plc).. Retrieved 10, 2014, from "Impact Of Corporate Social Responsibilities On Organisational Profitability Case Study Of Guinness Nigeria Plc).." corporate social responsibility case study infosys As per the Census 2011, the rural coverage of access to toilet facilities has reached 32.70%.“It fulfills a need for human adornment.” Following a quick burst of laughter, Kowalski and the students returned to the morning’s more serious discussion, a case study called “Tiffany & Co.: A New Gold Standard.” Written by Wharton second-year graduate student Miriam Zalcman, the study was triggered by Kowalski’s open letter advertisement to Dale Bosworth, chief of the U. Forest Service, published in The Washington Post on March 24, 2004.The key to our approach is our integrated business system, where environmental and social performance is managed alongside financial performance.From the result obtained the calculated r (rc) 0.49 is greater This means that, the relationship is significant at 55% confidence level.The company has adopted several initiatives over the years to fulfill its responsibility to society.It invited entries from numerous industry sectors on the topic of .Secondly, Five (5) questionnaires were distributed to selected stakeholders of Guinness Nigeria Plc and all 5 respondents completed the questionnaires promptly.Disclaimer: Note this academic material is intended as a guide for your academic research work. Note: For Computer or Programming related works, some works might not contain source codes(2014, 10). The breakup of the states and the number of schools in which work will commence is as follows: Union HRD Minister addresses the Conference on the use of CSR Funds for construction of school toilets The Union HRD Minister Smt.There I saw a board in front of a lab that said ‘Donated by Infosys’; If you visit Krishna Rao Park, Basavanagudi, you will find a mechanical gym for senior citizens and on the display board it is mentioned as ‘Sponsored by RMZ Corp’.As per World Bank statistics, India’s GDP (Gross Domestic Product) stands at 1.3 Trillion dollars and we are currently ranked 11th in the world on the basis of nominal GDP.Tesco’s CSR initiatives across several internal and external activities include local regeneration projects, being environmentally conscious, and community issues.Known as the company that “brings beauty into the lives of its customers,” would Tiffany’s environmental efforts threaten its brand equity? “The Tiffany management team,” according to the case study, “was uncertain how to proceed.” To begin the case review discussion of these issues, Hoch led his students through an exercise designed to discuss the risks that Tiffany faced in pursuing one of two scenarios: Doing Nothing versus Doing Something.There is nothing new about spending money by the corporates on social activities. Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or sustainable responsible business/ Responsible Business) is a form of corporate self-regulation integrated into a business model.A couple of years back, I had been to Shankara Nethralaya, Chennai.The Pearson Product Moment Correlation coefficient table was used. Some of the corporates are busy in discussing the pros and cons of CSR.These efforts are not limited to the UK but extend to other countries in which Tesco operates…“Corporate Social Responsibility makes sound business sense. corporate social responsibility case study infosys The World Health Organization (WHO) and United Nations Children’s Fund (UNICEF) estimate that there are more than 620 million people practicing open defecation in the country, or nearly half the population of India. corporate social responsibility case study infosys

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