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CSR is one of the main issues of modern business which is developing fast and is widely discussed. In india, the concept of CSR is governed by clause 135 of the companies act, 2013, which was passed by both Houses of the Parliament. A company's social responsibility is defined as its ability to make a positive impact on society.
CSR is one of the main issues of modern business which is developing fast and is widely discussed. In india, the concept of CSR is governed by clause 135 of the companies act, 2013, which was passed by both Houses of the Parliament. A company's social responsibility is defined as its ability to make a positive impact on society.
CSR is one of the main issues of modern business which is developing fast and is widely discussed. In india, the concept of CSR is governed by clause 135 of the companies act, 2013, which was passed by both Houses of the Parliament. A company's social responsibility is defined as its ability to make a positive impact on society.
ABSTRACT RATIONALE OF THE STUDY & OBJECTIVE RESEARCH METHODOLOGY
CHAPTER 2 : OVERVIEW OF CSR INTRODUCTION EVOLUTION OF CSR IN INDIA FOUR TYPES OF CORPORATE SOCIAL RESPONSIBILITY THE PRINCIPLES OF CSR DIMENSIONS & IMPORTANCE OF CSR THE EFFECTS ON BUSINESS PERFORMANCE CRS & THE COMPANIES ACT, 2013 SOCIAL RESPONSIBILITY STRATEGIES
CHAPTER 3 : CASE STUDY OF MICROSOFT
CHAPTER 4 : CSR INITIATIVES AT MICROSOFT & BILL AND MELINDA GATES FOUNDATION
CHAPTER 5 : RECOMMENDATION , CONCLUSION & BIBLIOGRAPHY RATIONALE OF THE STUDY The theme of my study is corporate social responsibility. I have chosen this theme because it is one of the main issues of modern business which is developing fast and is widely discussed. Business has a long way to go to become really socially responsible and the economic situation in the world can now ruin all previous attempts. Thats why, in my opinion, we should pay great attention to CSR, its problems and future prospective. I have divided my study into several main parts: Short history of CSR, arguments for and against it and, Evolution of CSR in India & how companies manage the business processes to produce an overall positive impact on society
RESEARCH OBJECTIVES
To deepen the conceptual understanding of corporate social responsibility (CSR) and firms underlying motivations to engage in CSR. Importance of Corporate Social Responsibility to the business units. CSR activities served by Microsoft. Bill gates and Melinda gates Foundation.
METHODOLOGY OF THE STUDY Material from business news, articles, official documents(Microsoft executive reports), statistics to make a clear picture. CSR & THE COMPANIES ACT, 2013 In India, the concept of CSR is governed by clause 135 of the Companies Act, 2013, which was passed by both Houses of the Parliament.
The CSR provisions within the Act is applicable to companies 1. with an annual turnover of 1,000 crore INR and more 2. A net worth of 500 crore INR and more 3. A net profit of five crore INR and more
Require companies to set-up a CSR committee consisting of their board members, including at least one independent director
The Act encourages companies to spend at least 2% of their average net profit in the previous three years on CSR activities
Surplus arising out of CSR activities will have to be reinvested into CSR initiatives
The company can implement its CSR activities through the following methods: Directly on its own Through its own non-profit foundation set- up so as to facilitate this initiative Collaborating or pooling their resources with other companies
CORPORATE SOCIAL RESPONSIBILITY AS A TOOL IN SALES PROMOTIONS
Cross-Promotion Cross-promotion draws attention to corporate social activities. for example, a cereal maker might print a feature about its rainforest mitigation activities, people might buy more cereal boxes to read them or people might keep buying the cereal brand because they like the company's cause.
Cause Marketing A company can sponsor a social cause, plan a promotional event and invite sponsorships from donors and corporations. At an event such as a charity fundraiser, a company can promote at least one product by giving it away.
Promotional Mix Marketing agencies can also suggest how to use CSR in a company's promotional mix, or combination of promotional strategies.
Web Audience The company website can also promote CSR activities and products. A company can strategically place a product on Web videos concerning CSR activities. A web video showing a company's rainforest mitigation team in action can begin with a short spotlight on a new product Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation (B&MGF or the Gates Foundation) is one of the largest private foundations in the world The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty
GLOBAL HEALTH PROGRAM (INDIA) POLIO ERADICATION Polio eradication is a top priority of the Bill & Melinda Gates Foundation As a major supporter of the GPEI, we contribute technical and financial resources to our GPEI partners to accelerate efforts to eradicate polio. vaccination campaigns, community mobilization, and stronger routine immunization efforts.
ENVIRONMENTAL SUSTAINABILITY Microsoft is at pole position in the world technology scenario and has been leveraging this opportunity to address the globally pressing issue of environmental sustainability. Some key technological innovations aimed at improving the present without negatively impacting the future environment. Eg : PC Challenge, Server Side Issues, Cloud, Identifying Inefficiencies. YOUTHSPARK Microsoft YouthSpark is a company wide initiative designed to create opportunities for youth around the world. Through partnerships with governments, nonprofits and businesses, it aims to empower youth to imagine and realize their full potential by connecting them with greater education, employment, and entrepreneurship opportunities. Partners in Learning, Project Jyoti, Office365 & Microsoft Learning BIBLIOGRAPHY