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Welcome to the presentation. Organizational Behavior. Southern University Bangladesh. Presenting Topic. Corporate social responsibilities on BSRM. Presented by. Rapture. Team. Southern University Bangladesh. Group Members.
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Welcome to the presentation Organizational Behavior Southern University Bangladesh
Presenting Topic Corporate social responsibilities on BSRM
Presented by Rapture Team Southern University Bangladesh
Group Members 1. Jasim Uddin 111-34-632. Md. Monir Hossain 111-34-493. Md. Kamrul Hasan 111-34-184. Shahid Bin Islam 111-34-385. Sanjida Shahnaz 111-34-366. Subashis Bhattacharze 111-34-037. Robiul Alam 111-34-538. Sabrina Sharmin 111-34-149. Shahadat Hossen 111-34-2610. Sabiha Mahmud 111-34-48 Southern University Bangladesh
Presented to Rezaul Karim Senior lecturer Department of Business Administration Southern University Bangladesh Southern University Bangladesh
Introduction This paper provides an overview of the literature about Corporate Social Responsibility (CSR), and presents some of the key debates in this area. After considering how CSR might be defined, the paper provides context for the debate by outlining social, economic and political factors driving the development and implementation of CSR. Southern University Bangladesh Southern University Bangladesh
Literature review Southern University Bangladesh
What is CSR? • The European Commission defines CSR as, ”A concept whereby companies integrate social and environmental concerns in their business operations and in their interactions with their stakeholders on a voluntary basis”. Corporate Social responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large. • Similarly, the Chartered Institute of Personnel and Development (CIPD) considers CSR to involve corporations taking responsibility for their “Impact economically, socially, environmentally and in terms of human rights" Southern University Bangladesh
European observations: Promoting corporate social responsibility in European industrial sectors gear business work. The key issues of corporate social responsibility vary from company to company. Because of this variety, the European Commission supports different CSR initiatives in specific industrial sectors which are shown in next slide: Southern University Bangladesh
The European Commission supports different CSR initiatives in specific industrial sectors Industrial sectors:- Chemical, Construction, Pharmaceutical, Textile. Southern University Bangladesh
Construction Sector The "Building Responsible Competitiveness" project, lead by “Impronta Etica” shows how corporate social responsibility (CSR) can drive competitiveness in the construction industry.One of the key project outputs is the set of guidelines for CSR in theconstruction sector .The guidelines offer an in-depth analysis of the benefits ofintegrating CSR principles in day-to-day business and practical advicein four thematic areas: * health and safety * eco-compatibility * supply chain management * equal opportunities. Above all of the key-qualities of CSR are exist in BSRM, let us discuss about the CSR on BSRM :- Southern University Bangladesh
Bangladesh Steel re-rolling Mills Ltd.<<<< BSRM. Southern University Bangladesh
History of BSRM It was the year two intrepid businessmen Taher Ali Africawala & Akber Ali Africawala ventured to put up the first steel rolling mill of the country in Nasirabad, Chittagong. 1952…the year of the historic language movement and the birth of a star………BSRM. Southern University Bangladesh
BSRM Group aspire to . . . Maintain our leadership position in the steel industry by producing the best quality steel products, continuously enhancing customer satisfaction and becoming a reliable business partner of our customers and suppliers. Be an employer of choice, nurturing talent and developing future leaders of the organization. Protect the interest of our shareholders through sustainable growth and value creation. Persevere the trust of all our stakeholders by adopting ethical business practices. Support the society through Corporate Social Responsibility initiatives. Southern University Bangladesh
Development of BSRM over the year Southern University Bangladesh
BSRM vision & values Sustainable growth Quality Corporate Social-responsibility Reliability Trust Leadership Customer satisfaction Southern University Bangladesh
Every company has some responsibility to the society because the aim is not only making profit but also have to do something which is needed for the betterment to the society.From the view point of corporate social responsibility (CSR) as a steel company (constructive sector) BSRM has also done few but fantastic jobs to attract the mass people of the country. Southern University Bangladesh
Few social-activities which attract the mass people are the followings:- Shomoyer cheye jiboner mullo onek beshi Southern University Bangladesh
Shikkah jatir merudondo BSRM helps to know the value of education: Southern University Bangladesh
Apner sontan k skul a pathan BSRM inspires to send Childs to the school:- Southern University Bangladesh
BSRM helps to conscious about the smoking & drug: Dumpan saster jonno khotikor Nesha k na bolun Southern University Bangladesh
BSRM adds help to conscious about the traffic law. If we obey then we can reduce Road accident. In this sense BSRM doing a lots to the society. Southern University Bangladesh
BSRM’s outlook about CSR • Consumption: The revision of the Sustainable consumption and production action plan may provide an opportunity to identify new measures to facilitate more responsible consumption practices. • Public procurement: In its review of the Public Procurement Directives, the BSRM intends to facilitate the better integration of social and environmental considerations into public procurement. • Investment: The BSRM consider a requirement on all investments to inform their clients about ant ethical or responsible investment criteria they apply. That means BSRM tiring to interact mass people with their achievements. Southern University Bangladesh
Why BSRM follows CSR? The initiative demonstrates CSR as it goes beyond compliance and is a voluntary response, albeit enlightened self interest as it is seeking the long term security of natural resources that contribute to the protection of the business and its brands BSRM. Southern University Bangladesh
BSRM puts forward new policy for covering several areas: • Enhancing the visibility of CSR and disseminating good practices • Improving and tracking levels of trust in business • Improving self- and co-regulation processes • Enhancing market reward for CSR • Improving company disclosure of social and environmental information • Further integrating CSR into education, training and research Southern University Bangladesh
At last we understand that the nature of CSR can be related to different notions of the role and nature of corporations or firms and their relationship to society. Southern University Bangladesh
It seems clear that the task of implementing CSR is complex, and that the contested nature of the concept raises difficult questions. Not only are businesses required to be responsive to current concerns, but they must also balance present requirements with future demands and issues, as well as balancing local and global concerns. Conclusion Southern University Bangladesh
Reference • European multi-stakeholder forum on CSR, 2004: 3 • CIPD website • http://www.nottingham.ac.uk • http://www.dti.gov.uk • ALSTON, P. (ed.) (2005) non-state actors and human rights. Oxford: Oxford University • http://www.un.org/overview/rights • www.unglobalcompact.org • And so on. Southern University Bangladesh