Corporate Social Responsibility Business Communication...

Corporate Social Responsibility Business Communication and Technology Due Date: 29th August Teacher: RYANCL Form: 11O Table of Contents Corporate Social Responsibility 2 Introduction 2 Legal Requirements 2 Drawbacks/Disadvantages 2 Industry Example – Carnival Australia 3 Conclusion 4 Recommendations 4 Reference List 5 Appendix 1 6 Appendix 2 7 Corporate Social Responsibility Introduction What is Corporate Social Responsibility? The responsibilities a business has to the environment, society, and public health (The Triple Bottom Line Approach, refer to appendix 1) are major factors in relation to the long sustainability of a corporation. Corporate Social Responsibility (CSR) is a means by which an organisation can incorporate self-regulation into their business model whilst addressing environmental and social concerns in their business operations and interactions with their stakeholders. CSR is a â€Å"corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare† (Investopedia) through the implementation of â€Å"actions that appear to further some social good, beyond the interests of the firm that which is required by law† (A. McWilliams, 2006). The key CSR issues are: environmental management, eco-efficiency, responsible sourcing, stakeholder engagement, labor standards and working conditions, employee and community relations, social equity, gender balance, human rights, good governance, andShow MoreRelatedCorporate Culture And Its Impact On The Workplace881 Words   |  4 PagesCorporate culture is refers to as the beliefs and behaviors that determine how a company employees and management interact and handle outside business transactions. It s the attitudes, standards, and beliefs that characterize members of an organization and which defines its nature. 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