Monday, April 22, 2013

Corporate Social Responsibility


       Corporate social responsibility are those benefits for any companies that does not give any monetary profit in the short term, but instead gives a strong stability and promotes positive social and environmental change. Corporations in developing countries like Bangladesh are not too far behind in this responsibilities.

            Responsibilities depend on the ethics of the corporation. Large Bangladeshi corporations are busy saving the country from pollutions being created by the developed countries. Afforestation an initiative taken by a Bangladeshi corporation to prevent pollution by planting trees along the highway not only reduces carbon emission but also increases the beauty of nature, providing clean and safe drinking water in rural areas and providing high standard for agricultural sustainability by providing the farmers with sufficient education and technology. Large corporates also sponsors many social awareness programs for donations, recycling and natural disasters programs. Corporations mostly targets the educations sector as a viable social responsibility as education is the backbone of the nation, billions of taka are invested each year by many corporations to fund the studies of under privileged children.

            Medical sectors in developing countries has fallen behind and corporations are trying their best in providing funds for free health care in many districts and providing awareness to underprivileged pregnant mothers & their infants. In order to conserve power and reduce pollution many corporations are turning to safe energy efficient inputs for production like using solar energy, using Sky- Light roof during daylight, maintaining bio- diversity, proper waste disposal systems and using “Green Belt” to cover the plant, proving safe and standard work environment and maintaining “No Child Labor” policy.

            Corporations responsibilities with proper ethical policies not only benefits the environment at a large scale but also greatly benefits the corporations in the long term by gaining social image.

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