protection of environment is a social responsibility of business towards

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23 de outubro de 2018

protection of environment is a social responsibility of business towards

and Article 51 A –(g): it shall be the duty of every citizen of India, (g) … to protect and improve the natural environment including forests, lakes, rivers and wildlife and to have compassion for the living creatures. editor@legalserviceindia.com. # S.C. Shastri, Environmental Law, 2012, p.8 # Article 48 A: the State shall endeavour to protect and improve the environment and safeguard forests and wild life of the country. It can be noted that the p… ”, Company Law Journal, 1 (3) March 2013,pp 113-114 # Rogene. social responsibility is against this objective. Companies, nowadays, accept their responsibility for the negative environmental impact of their business activities so they try to change the way of doing business in order to mitigate the damage. Corporate social responsibility (CSR) became popular during the 1980’s and has continued to remain a pillar of corporate structure. (ii) Burden on consumers: It is argued that social responsibilities like pollution control and environmental protection are … Social responsibility as an ethical principle was first drawn from the business philosophy of Andrew Carnegie, the 19th century steel magnate who believed in charity and social stewardship. Note* we only accept Original Articles, we will not accept Performance & security by Cloudflare, Please complete the security check to access. In fact, business can best fulfill its social responsibility if it maximises profits through increased efficiency and reduced costs. Background. # http:// www.indiacsr.in/en/?P=113 visited on 1st` July 2015 # Kumar Ayush, “Mandatory Corporate Social Responsibility :An Expansive Vision? (i) Self interest. Corporate social responsibility (CSR) can refer to a wide range of actions that businesses may make - from donating to charity to ethical trading. The attitude here is that companies, especially large, public corporations, should humanize their existences: an attempt should be made to see the corporation, in a certain sense, as an individual person. Of stakeholders are not giving their best, there may be the withdrawal of cooperation of society. The entrepreneurs should determine fair prices for commodities and … (2) Long Term Interest of the Business 1. The government must form rules and regulations and the citizens must abide by them. According to Peter F Druker, “Social responsibility requires managers to consider whether their actions are likely to promote the public good, to advance the basic belief of society, to contribute to its stability strength and harmony.”Social responsibility refers to the voluntary efforts on the part of the business to contribute to the social well being. Social responsibility of business implies the obligations of the management of a business enterprise to protect the interests of the society. (v) Social power. Responsibility means the accountability between the two. To ensure good quality … If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Introduction: Corporate social responsibility is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis. “It’s an important question,” he wrote, “but one that implies business should do the socially responsible thing out of a sense of duty. Environmental protection is not the responsibility of just one entity. A 2017 study on corporate social responsibility reveals customers' responses when a company supports social or environmental issues. # Vikram jaswal & Shweta Thakur, “Corporate Justice ”,Civil and Military Law Journal, Vol 1 No.3 July 2004, p. 19 # S. C Shastri “Corporate Social Responsibility vis-a –vis Protection of Environment In India: A Legal perspective,” Journal of Faculty of Law Mody University of Science and Technology 2014, p 1 # Section 135 (1). Under the Environmental Responsibility of the Corporates, it is expected to operate in a manner that protects the environment. The act is mainly focused on barring businesses from taking advantage of contracts they have with customers and benefiting unreasonably from them. Social Responsibility towards Consumers? A businessman must perform social responsibilities because of the following reason. An example is the Unfair Terms Act in the United Kingdom. The guidance provided in the Act and the draft rules on what constitutes a CSR policy are that it should: exclude normal business activities of the company contain a list of the CSR projects or programmes which the company plans to undertake during the implementation year. Towards Consumers – To provide goods and services at a reasonable price. Businesses can also commit to environmental sustainability through the supply chain. 21 # V. Balu, “Social responsibility and Corporate Business Ethics” Corporate Social Responsibility edited by Renu Jatana & David Crowther 2007 p.343 # Model Statement Policies and practices, The Institute of Company Secretaries of India, vol 5,p. Your IP: 23.254.250.184 Many businesses have realised that acting in a socially and environmentally responsible way is more than just a legal duty. Cloudflare Ray ID: 5fe8d2aa0b0cec86 The Social responsibilities of corporate companies are known as Corporate Social Responsibility. If increasing no. The third posture an organization may adopt toward environmental protection falls under the heading of corporate social responsibility. For their actions be satisfaction of consumer 's wants customers and benefiting from! 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