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Corporate Social Responsibility - Coggle Diagram
Corporate Social Responsibility
Definition of CSR
Organisation Obligated to Make Choices & Take Actions
Improve Wellfare & interest of society
Along With Interest Of Company
Achiving Organsational & Social Goals
Major Areas In CSR
Environmental Concern
Environmental Conservation
Saving of Natural Resources
Short/Long Term Conserve Plans
Machine operate more efficient or energy efficient
3R
Pollution Control
Contamination of Land/Air/Water with living animals
Recycle treated water
Efficient car engines
No smoking areas
Dispose waste material
Consumerism
Provide buyers with information and bargaining power
to obtain high quality, safe products and services
Incomplete Information in Advertising
Advertisements give incomplete information/ambiguous
Bait and Switch
Actions: Educate employees, Honest, Customer communications
Product Safety
Safety is important
Injuries may happen due to
Products failure
Inadequate testing
Fail to anticipate other ways product be used
Actions: Product recalls, Warranties, Feedback from users
Overcharging
Unreasonable Price Raise
Coercive Selling
Useing Tactics to Force
Equal Opportunity in Employment
Equality in employment and opportunities
Equal promotion and training opportunities
Equal employment opportunities
Community Support
donation
fund raising
participating national events
Stakeholders
Public Interest groups & Media
Usually not-for-profit and voluntary
Represent interest of other stakeholders
Competitors
Firms competing with the organisation
Employees
Hired individuals by organisation
Employers MUST meet health and safety requirements
Customers
receiver of organisation's output
Creditors
loaning the organisation
Suppliers
provide goods/services
Depend on org. for survival
Org. to consider bids fairly, maintain stable relationships
Community
group of people living in one place, district or
country
benefits from jobs & development organisation provides
Government
Sets and administers public policy
Depend on org. - Tax revenue & Economic development
Regulate practices of org.
Shareholders and Owner
entities that hold shares of organisation
organisation provide return over investment