Thursday, January 2, 2020

Corporate Social Responsibility And Human Rights - 943 Words

CORPORATE SOCIAL RESPONSIBLITY Nicholas S Jones ACED 4050 Valdosta State University March 20, 2016 CORPORATE SOCIAL RESRPONSIBILITY (CSR) Introduction Today, the world faces numerous challenges ranging from dreadful environmental conditions through poverty and human rights, to energy and resource supply issues. Social responsibility policy focuses on using the capabilities of a business to improve lives and sustain our planet through contributions to local communities and society at large. In other words, a business should fully realize it’s potential as an organization to make a better world through corporate self-regulation assimilated into a business module. CSR and Human Rights The global community expects companies to operate with due admiration for human rights. Beyond meeting regulatory requirements and social expectations in areas in which they operate, by proactively presenting more rigorous international standards such as the United Nations Global Compact, companies will reinforce their commitment to human rights. In 1998 the Secretary General of the UN, declared that he â€Å"was building a more solid relationship with the business community. Thriving markets and human security goes hand in hand: without one we will not have the other† (Annan, 1998, p. 1820). Afterwards, a World Economic Forum was held in 1999. At the forum, Kofi Annan introduced what is known the ‘Global Compact’. This is the ten principles agreement between theShow MoreRelatedCorporate Social Responsibility : Business Communication And Technology835 Words   |  4 Pages Corporate Social Responsibility Business Communication and Technology Due Date: 29th August Teacher: RYANCL Form: 11O â€Æ' 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 â€Æ' Corporate Social Responsibility Introduction What is Corporate Social Responsibility? 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The basic principle of universality, equality and non-discrimination entitles the indigenous people to full range of rights that constitute the international law. Office of the High Commissioner for Human Rights (OHCHR) reportsRead MoreThe Friedman Doctrine And Social Responsibility1276 Words   |  6 PagesTaking a share holder approach to social responsibility, Milton Friedman views shareholders as the economic engine of the organization and the only group a firm must be socially responsible to. For the risk taken by investing in the firm, Friedman says the goal of the firm is to maximize profits and return portions of those profits to shareholders. Because a firms’ only concern is to increase profits for themselves and shareholder, they have not social responsibility to the public or society. The shareholderRead MoreSubmission to Local Ne twork1039 Words   |  5 Pagestwo in the ten principles of the Global Compact. Principle one requires that business should respect human rights including those in the Universal Declaration of Human Rights. And businesses are asked to do something to undertake more environmental responsibility under principle eight. â€Å"As an established industry leader in the areas of human rights and ethical business†(see Embedding Human rights in Business Practice iii), we believe Cadbury has a ground to say in these respects. We quite agree

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