CSR counsellor met with anger, allegations. Canada launches CSR website for extractive industries. TORONTO (miningweekly.com) – The Canadian Institute of Mining, Metallurgy and Petroleum (CIM), in partnership with the government and other stakeholders, has set up a website to help mining, oil and gas companies based in the country and operating abroad meet their social and environmental responsibilities.
“This new website will be a one-stop shop with the latest information on corporate social responsibility rules, laws and best practices,” said Canadian Minister of International Trade and Minister for the Asia-Pacific Gateway Stockwell Day. “It will also feature timely, practical information and advice on foreign countries, local networks and relevant experiences of Canadian companies, civil society and other stakeholders operating abroad,” he said in a statement.
The site is hosted by the CIM and was developed in consultation with the federal government, industry, civil society, academia, indigenous representatives and expert practitioners. Edited by: Liezel Hill. Mining, People and the Environment - Corporate Social Responsibility (CSR) This page lists all articles relating to Corporate Social Responsibility (CSR).
Bookmark this page or subscribe to the RSS feed to see new articles as they are added. Central Asia Metals’ chief executive Nick Clarke tells MPE why CSR is serious business for his company Full story... CSR: Relationship building The mining industry is learning that relationships with communities are fundamental to success Full story... Russia’s NLMK boosts social spending Russia’s NLMK spent Rb2.3 billion (US$ 651.5 million) on social programmes in 2013 – a 6% rise on the amount spent in 2012.
Burundi commits to becoming conflict-free Burundi has become the latest country to show its commitment to minerals due diligence by implementing the ITRI Tin Supply Chain Initiative (iTSCi). CSR: Sharing the value SRK outlines some practical solutions to enable shared value in the mining industry Full story... A little more action, please Justice: Legal rights Still Life: Sniffing out danger. Business Studies - CSR Video - Business Benefits of Corporate Social Responsibility.
Sunday, February 06, 2011 PrintEmailTweet This!
Key areas of concern are environmental protection and the wellbeing of employees, the community and civil society in general, both now and in the future. The concept of CSR is underpinned by the idea that corporations can no longer act as isolated economic entities operating in detachment from broader society. Traditional views about competitiveness, survival and profitability are being swept away. Some of the drivers pushing business towards CSR include: 1. IBM study highlights the commercial benefits of CSR : greentelecomlive. A new study by IBM Institute for Business Value finds that corporations can gain a competitive advantage over rivals as well as develop new revenue streams by adopting corporate social responsibility practices.
Benefits of CSR - CSR & MANAGEMENT. According to a survey published in 2008 by “ Economist Intelligence Links (Canada)”, carried out with 1200 managers from everywhere in the world, and who intended to benefit from the implementation of strategies and policies in the field from the RSE, the six principal greater advantages mentioned were: - capacity to attract new customers, - a greater value for the shareholders, - an increased profitability, - better capacity to manage the risks, - products and processes of better quality and, - capacity to recruit first choice employees.
But there are still other advantages according to us. On a graph. Corporate social responsibility. The term "corporate social responsibility" became popular in the 1960s and has remained a term used indiscriminately by many to cover legal and moral responsibility more narrowly construed.
Proponents argue that corporations increase long term profits by operating with a CSR perspective, while critics argue that CSR distracts from business' economic role. A 2000 study compared existing econometric studies of the relationship between social and financial performance, concluding that the contradictory results of previous studies reporting positive, negative, and neutral financial impact, were due to flawed empirical analysis and claimed when the study is properly specified, CSR has a neutral impact on financial outcomes. Critics questioned the "lofty" and sometimes "unrealistic expectations" in CSR. or that CSR is merely window-dressing, or an attempt to pre-empt the role of governments as a watchdog over powerful multinational corporations. Definition Approaches The Benefits of Corporate Social Responsibility - Corporate Counsel.
This article has been archived, and is no longer available on this website.
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
Business Case for CSR - Corporate Social Responsibility.