Corporate Social Responsibility - Sustainable Development Policy ...

More documents

Recommendations

Info

Studying the Sugar Production Process in Pakistanbenefiting from the injections of CSR strategies into their corporate arena. Thesestrategies may include community care, development programs, supporting andfunding education and/or research, investigative journalism and environmentalprotection actions.CSR initiatives also advantaged the developed world by bringing communitiestogether. The concept of collective development has been encouraged and used inmany CSR programs to strengthen people’s commitment to development of theircountry. Some leading businesses of developed nations have establisheddevelopment foundations which work to alleviate and eradicate poverty in thedeveloping regions of the world.Even though it is evident that CSR practices cannot be enforced but governmentsare working to facilitate the debate and encourage and support initiatives willingto participate in community development programs.CSR in South Asia majorly related to ethical and philanthropic CSR instead ofstrategic CSR. Strategic CSR centered on brand-associated corporate philanthropyhas progressed more rapidly. In South Asia the most common barrier to entranceof CSR practices appears to be the mindset of corporations. A narrow-mindedvision targeting short-term profits only seems to be engraved in the region, thismay be owe to the lack of awareness and knowledge accompanied by suppressedadvice. The businesses in the area believe that CSR is a burden; even largecorporations seem to fear discussion on the subject. It is not only seen as a financialburden as many businesses prefer to donate and engage in philanthropic workbut hesitate to research and plan a CSR program for social or/and communitydevelopment.Hence, the progress on adoption of responsible corporate policies is slow,unorganized and largely interrupted. The CSR principles accepted hold morephilanthropic characteristics. Businesses are presently participating in projectsto support education, healthcare facilities, sanitation and development of ruralareas. Still no or minimal initiatives are taken to educate and train communities,to research and begin projects aimed at creating awareness and changingmindsets, behaviors and attitudes of the population.There needs to be a clear distinction between corporate responsibility andcorporate philanthropy, and this distinction needs to be communicated in they 15
Corporate Social Responsibilityregion. Companies do not believe that CSR introduction in their products willlead to higher returns eventually through better business, new customers andentry into new markets.There are many vital links and components completely missing in the discourseof CSR in South Asia. Understanding CSR as integral part of successful business,uniform definition of CSR, distinction between corporate philanthropy and CSR,focus on ethical CSR practices, making standardized CSR principles available inregional languages to put CSR in local context, comprehensive environmentprotection policies and focus on long-term sustenance and success of businessare some of them.Table 4: Yield per Hectare of Major Agriculture Crops 1111Economic Survey 2009-10y 16
Page 2 and 3: Studying the Sugar Production Proce
Page 24 and 25: II. National Sugar Policy 2009-2010
Page 46 and 47: XVII. Research and DevelopmentStudy
Page 64 and 65: YesNoStudying the Sugar Production
Page 66 and 67:
Studying the Sugar Production Proce
Page 68 and 69:
NoStudying the Sugar Production Pro
Page 70 and 71:
Page 72 and 73:
YesNoStudying the Sugar Production
Page 74 and 75:
Page 76 and 77:
show all

Corporate Social Responsibility - Sustainable Development Policy ...

Create successful ePaper yourself

Delete template?

Save as template?