As a moral, caring person, you want to contribute to positive change in the world. Your business can do well financially and it can also do good in the world.
Corporate Social Responsibility Corporate social responsibility or CSR has been defined by Lord Holme and Richard Watts in the World Business Council for Sustainable Development 's publication "Making Good Business Sense" as "…the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.
Evidence suggests that CSR taken on voluntarily by companies will be much more effective than CSR mandated by governments. Every company has different CSR objectives though the main motive is the same. All companies have a two-point agenda—to improve qualitatively the management of people and processes and quantitatively the impact on society.
The second is as important as the first and stake holders of every company are increasingly taking an interest in "the outer circle"-the activities of the company and how these are impacting the environment and society.
|Social Responsibility and Ethics | Who Is Responsible And Why? | Pachamama Alliance||That's why you went into business. As a moral, caring person, you want to contribute to positive change in the world.|
|Responsibility to Employees||Share on Facebook At the helm of a small business, the responsible owner appraises those who might have interests in the organization's activities.|
While many corporations include social responsibility in their operations, it is still important for those procuring the goods and services to ensure the products are socially sustainable. These resources help corporations and their consumers identify potential risks associated with a product's lifecycle and enable end users to confirm the corporation's practices adhere to social responsibility ideals.
Scientists and engineers[ edit ] One common view is that scientists and engineers are morally responsible for the negative consequences which result from the various applications of their knowledge and inventions.
Committees of scientists and engineers are often involved in the planning of governmental and corporate research programs, including those devoted to the development of military technologies and weaponry.
It has been pointed out that the situation is, unfortunately, not that simple and scientists and engineers should not be blamed for all the evils created by new scientific knowledge and technological innovations.
Because of the intellectual and physical division of labor, the resulting fragmentation of knowledge, the high degree of specialization, and the complex and hierarchical decision-making process within corporations and government research laboratories, it is exceedingly difficult for individual scientists and engineers to control the applications of their innovations.
The scientists and engineers cannot predict how their newly generated knowledge and technological innovations may be abused or misused for destructive purposes in the near or distant future.
While the excuse of ignorance is somewhat acceptable for those scientists involved in very basic and fundamental research where potential applications cannot be even envisioned, the excuse of ignorance is much weaker for scientists and engineers involved in applied scientific research and technological innovation since the work objectives are well known.
For example, most corporations conduct research on specific products or services that promise to yield the greatest possible profit for share-holders.
Similarly, most of the research funded by governments is mission-oriented, such as protecting the environment, developing new drugs, or designing more lethal weapons. In all cases where the application of scientific knowledge and technological innovation is well known a priori, it is impossible for a scientist or engineer to escape responsibility for research and technological innovation that is morally dubious.
Furthermore, because taxpayers provide indirectly the funds for government-sponsored research, they and the politicians that represent them, i.Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society.
In this way, there must be a balance between economic growth .
MoMA Design Store offers products that reflect new advancements in the materials designers are using at the moment they emerge, as well as eco-friendly products designed to last decades. Corporate social responsibility has been divided into four types that must be considered simultaneously, including ethical, legal, economic and philanthropic responsibilities to consumers and society.
Ethical responsibility means following a moral path. Individuals have an ethical responsibility to friends and family, and businesses are obligated to promote ethics in the workplace.
Medical personnel, such as nurses, also follow moral responsibilities.
Nurses are bound by such principles as. Social Responsibility. A key part of ethical responsible business is finding ways to minimize any negative social impacts along the entire supply chain of your operations. The intersection of the profit motive and the moral imperative can help establish your business as one that's ethically responsible.
The Ethical Responsibility Movement Many large companies have embraced the idea that they can operate their business in an ethically responsible manner.