Responsible for Customers
Responsible for Employees
Responsible for Environment
Responsible for Human Resources
Responsible for Philanthropy
Responsible for New Technology
Responsible for Energy-saving and Economy
Responsible for Industry healthy development
Social Responsibilities of Business
● Social responsibility is the company’s mission to be responsive to social needs by earmarking a part of its resources so.
So that they may be allocated for achieving social goals and tackling social problems.
● There are many situation where social responsibility of business becomes necessary like to create good corporate image,
social commitment, because of legal provision etc.
Responsibilities towards the Customers.
● Provide quality product at fair price.
● Produce using proper quality materials.
● Produce using appropriate technology.
● Commitment to customer satisfaction.
● R&D for better & new products.
● Steps to remove imperfection in distribution system.
● Ensure product has no adverse effect.
● Provide sufficient information, risks & care to be taken.
● Avoid misleading by improper advertisements.
● Redress genuine grievances.
Responsibilities towards the Environments: Ecomagination
At Eway, we believe that innovation can solve the world’s toughest challenges. That belief motivates our people.
It is why Eway works. It is the basis for ecomagination.
As a business strategy, ecomagination has been a great success. It has helped us become more accountable, get closer to our customers and focus and prioritize our investments—to make sure we’re working on things that are both economically and environmentally smart.
But ecomagination itself is sustainable only because we understand that a lot has changed. Growing populations, resource scarcity and a volatile economy have all led to new pressures. Whether they are countries, municipalities, companies or individual consumers, our customers put a premium on productivity. They all require solutions that emphasize efficiency.
It is the only way to compete. Put another way, clean energy may go in and out of favor with policy makers.
Our customers all want the same thing, they want to make their operations more efficient and productive,
so our answer is action.
Responsibilities towards the Workers
● Management of an enterprise is also responsible for providing opportunities to the workers for meaningful work.
It should try to create the right kind of working conditions so that it can win the cooperation of workers. The enterprise must respect the democratic rights of the workers to form unions. The worker must also be
ensured of a fair wage and a fair deal from the management.
Corporate social responsibility (CSR) refers to business practices involving initiatives that benefit society. A business's CSR can encompass a wide variety of tactics, from giving away a portion of a company's proceeds to charity, to implementing "greener" business operations.
There are a few broad categories of social responsibility that many of today's businesses are practicing:
Environmental efforts: One primary focus of corporate social responsibility is the environment. Businesses regardless of size have a large carbon footprint. Any steps they can take to reduce those footprints are considered both good for the company and society as a whole.
Philanthropy: Businesses also practice social responsibility by donating to national and local charities. Businesses have a lot of resources that can benefit charities and local community programs.
Ethical labor practices: By treating employees fairly and ethically, companies can also demonstrate their corporate social responsibility. This is especially true of businesses that operate in international locations with labor laws that differ from those in the United States.
Volunteering: Attending volunteer events says a lot about a company's sincerity. By doing good deeds without expecting anything in return, companies are able to express their concern for specific issues and support for certain organizations.
CSR is becoming more mainstream as forward-thinking companies embed sustainability into the core of their business operations to create shared value for business and society.
Sustainability isn't just important for people and the planet, but also is vital for business success.
Communities are grappling with problems that are global in scope and structurally multifaceted — Ebola, persistent poverty, climate change. The business case for engaging in corporate social responsibility is clear and unmistakable.
"More practically, CSR often represents the policies, practices and initiatives a company commits to in order to govern themselves with honesty and transparency and have a positive impact on social and environmental wellbeing.
As consumers' awareness about global social issues continues to grow, so does the importance these customers place on CSR when choosing where to shop. But consumers aren't the only ones who are drawn to businesses that give back.
A company's CSR strategy is a big factor in where today's top talent chooses to work.
The next generation of employees is seeking out employers that are focused on the triple bottom line: people, planet and revenue. Coming out of the recession, corporate revenue has been getting stronger. Companies are encouraged to put that increased profit into programs that give back.
Practicing what you preach.
Undertaking socially responsible initiatives is truly a win-win situation. Not only will your company appeal to socially conscious consumers and employees, but you'll also make a real difference in the world. Keep in mind that in CSR, transparency and honesty about what you're doing are paramount to earning the public's trust.
If decisions about social responsibility are made behind closed doors, people will wonder if there are strings attached, and if the donations are really going where they say.Engage your employees and consumers in giving back. Let them feel like they have a voice.