CSR.pptx

CSR.pptx

• 1.
  REASONABLE PROFIT EXPLORING BUSINESSOPPORTUNITIES MINIMISE WASTAGES EFFICIENT BUSINESS FAIR PRACTICES ON STOCK EXCHANGE EXPANSION AND DIVERSIFICATION PERIODIC INFORMATION EFFECTIVE USE OF OWNERS' FUNDS CREATING GOODWILL
• 2.
  PROPER CONDUCT OFMEETINGS PROPER DISCLOSURE OF INFORMATION RETURN ON INVESTMENT MAINTAIN SOLVENCY AND PRESTIGE HANDLING GRIEVANCES
• 3.
  RESPONSIBILITYTOWARDS GOVERNMENT  Obeyrules and regulation.  Regular payment of taxes.  Cooperating with the government to promote social values.  Not to take advantage of loopholes in business laws.  Cooperating with the government for economic growth and development.
• 5.
  WHAT IS CSR? CORPORATE+SOCIAL+ RESPONSIBILITY CORPOATE: a group of people acting as an individual SOCIAL: relating to society RESPONSIBITY: duty to deal with something
• 6.
  WBCSD (World BusinessCouncilFor Sustainable Development) “The continuing commitment by business to behave ethically and contribute to sustainable economic development while improving the quality of life of the workforce and their families as well as of the local community and the society.”
• 7.
  UNIDO (UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANISATION)  “CSR IS A MANAGEMENT CONCEPT WHEREBY COMPANIES INTEGRATE SOCIAL AND ENVIRONMENTAL CONCERN IN THEIR BUSINESS OPERATION AND INTERACTIONS WITH THEIR STAKEHOLDER”
• 8.
  SCOPE OF CSR A)APPLICABILITY  1. COMPANIES HAVING NET WORTH OF 1500 CR. OR TURNOVRER OF 1000 CR IN FINANCIAL YEAR SHOULD CONSTITUTE CSR.  2. BOARD SHOULD DISCLOSE COMPOSITION OF CSR  3. 2% OF AVERAGE NET PROFIT SHOULD BE INVESTED IN CSR ACTIVITIES  4. COMPANIES SHOULD COMPLIENCE WITH CSR COMMITTEE
• 9.
  SCOPE OF CSR B) CSR COMMITTEE  1. CSR COMMITTEE SHOULD CONSTITUTE FOUR DIRECTORS  2. THEY SHOULD MEET TWICE IN A YEAR TO DISCUSS ON CSR MATTER
• 10.
  SCOPE OF CSR COMPANIES ACT 2014 LAYS DOWN THE CSR ACTIVITIES FOR THE COMPANIES  1. ERADICATING HUNGER, POVERTY, PROMOTING PREVENTIVE HEALTH CARE & SANITIZATION 2. PROMOTING EDUCATION  3. REDUCING CHILD MORTALITY & IMPROVING MATERNAL HEALTH  4. ENSURING ENVIRONMENTAL SUSTAINABILITY  5. EMPLOYMENT ENHANCING  6. CONTRIBUTION TO PM RELIEF FUND  7. RURAL DEVELOPMENT PROGRAMMES
• 11.
  SCOPE OF CSR D) NON- COMPLIANCE OF CSR ACTIVITIES  1. PENALITIES FOR NON COMPLIANCE OF CSR DUTY - NOT LESS THAN RS. 50,000 TO RS. 25,00,000  2. OFFICER SHALL BE PUNISHED FOR A TERM WHICH MAY EXTEND TO 3 YEARS OF IMPRISONMENT  OR  FINE OF RS. 50,000 WHICH CAN EXTEND TO RS. 5,00,000
• 12.
  5 BOTTOM LINECONCEPTSOFCSR RESPONSIBILITY TOWARDS EMPLOYEES  RESPONSIBILITY TOWARDS SOCIETY  RESPONSIBILITY TOWARDS CONSUMERS  RESPONSIBILITY TOWARDS SHAREHOLDERS  RESPONSIBILITY TOWARDS GOVERNMENT
• 13.
  ARGUMENTS FORCSR FOR:  Corporateshould have some moral & social obligations to undertake for the welfare of the society.  Proper use of resource, capability & competence.  The expenditure on CSR is a sort of investment.  Company can avoid many legal complications.  It create a better impressions.
• 14.
  3 DIFFERENT COMPANIES
• 15.
  CSRACTIVITIESOFAMUL  Trust namedAMUL Relief Trust.  Campaign- Green Gujarat Tree Plantation Campaign  Tribhuvandas Foundation  Dairy Demonstration Farm  AMUL Scholar  Blood Donation  Rural Sanitation Campaign  Other Activities: • Encourage women to participate in dairy Cooperative Societies. • To develop & enhance leadership skills & qualities among women.
• 16.
  CSRACTIVITIESOF INFOSYS  Learning& Education • Donated 10,200 books alone in Karnataka • Reconstructed 14 Govt. schools  Art & Healthcare • Organizes Cultural Programs • Constructed Infosys Super Speciality Hospital  Social Rehabilitation • Constructed hostels, orphanages, old age homes  Donation Camps • Eye & blood donation camps - PUNE • Educare & facilities for rural people -CHENNAI
• 17.
  CSRACTIVITIESOFRELIANCE  EMPLOYMENT • Trainthe employees of the company through some camps & seminars. • English speaking classes. • Personality development classes. • Training by NAC & make them for future requirements of the construction.  HEALTH: • Provide quality health care facilities in the regions around the site. • It runs medical facility centre, physiotherapy centre & mobile vans that dispenses free medicines & provide free medical check-ups. • Periodically company comes up with health camps like general health check-up camps, eye check-up camps & corrective surgery camps for disables children. • Drishti
• 18.
  RELIANCE KARGIL SCHOLORSHIP COMMUNITY ENVIROMENT INITIATIVE  DHIRUBHAI AMBANI HOSPITAL  SPORTS FOR PHYSICALLY CHALLANGED
• 19.
  CONCLUSION  CSR isthe heart and soul of modern corporations and is an important standards for corporate governance.  CSR is an indispensable mechanism for both increased corporation accountability, profitability and environmental sustainability.  CSR is the pole star of modern corporations in order to maintain the integrity of moral fabrics both inside and outside the corporation while conducting socially responsible business.