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Corporate social responsibility in an organisation
Corporate social responsibility in an organisation
Corporate social responsibility in an organisation
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Recommended: Corporate social responsibility in an organisation
A report outlining corporate social responsibility and it application by Circle Club Manchester.
CONTENTS
Page 3 – Summary
Page 4 – Introduction
Page 5 – Main findings
Page 7 – Analyses
Page 8 – Conclusion
Page 9 – Recommendations
Page 10 – Bibliography
SUMMARY
This report looks in to the subject of corporate social responsibility and focuses into a specific part of the subject. This report practically homes in on the recycling and waste management issues.
The business this report is looking in to is the VIP venue of the circle Club in Manchester situated in the Barton arcade. It capacity hold around 500 people and is a members only club, bar and restaurant.
The circle has many issues relating to waste and
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Marks and Spencers have made plans to create eco friendly factories which run on renewable energy sources and take on board new recycling technology. There is a huge £200 million expenditure on this project all in order to become a more environmentally friendly company. (The Times may 22nd 2007)
2. Which corporate social responsibility suits the Circle?
The circle club is one of Manchester most VIP of VIP venues. It is situated under the Barton arcade and houses various events throughout the week, from club nights to corporate social events. It is a member’s only club with a data base of around 1700 paying members. The venue is also host to a sister venue in side called inner circle which again is members only with private booths and a luxury real church alter as a bar.
The venue is a restaurant bar in the day and a club at night, the corporate social responsibility that this report is going to look at is recycling and waste management.
2. Legal requirments
1. What is recycling & waste
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The costs of this would be to hire a professional from an established waste and recycling Management Company to train the staff. This would benefit the company as the staff would be trained on how to manage waste and how to recycle necessary products.
As the circle is VIP venue it can open its self to a new market attracting VIPs from the waste industry in Manchester and the venue can promote its self as a eco friendly club which is something that is not known in the venue scene in Manchester. This can attract more clients from other eco friendly companies such as Marks and Spencer.
The back of house of the venue needs to have separate bottle banks and waste bins so the staff can dispose of the waste in an orderly manner. For example green bottles can be put in the green bottle bin, and all plastic waste can be put in the plastic bin. This will help organize the waste and it can go to the designated disposal or recycling
Corporate Social Responsibility (CSR) is the way a corporation achieves a balance between its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. In general, when firms hold this wider encouraging role on the public by being engaged with stakeholders, a variety of profit can be produced for both company and the stakeholders. A key inclination is the combination of Corporate Social Responsibility (CSR) into the organization strategy, culture, mission and communications. By incorporating corporate citizenship into the company it is no longer an additional “nice thing to do” or something made to obey laws or regulations. Instead, corporate responsibility has become something business leaders and workforce want to engage in, frequently because executives who believe in the long-term see business profit. The four types of social responsibilities a...
Florida International University recognizes its contribution to the accumulation of waste considering that it produces about seven million pounds of waste each year (Figueroa, 2010). Unlike other universities that still remain adamant in investing on green practices, FIU has, “governed by the State of Florida under Florida Statute 403.714 and The Florida Solid Waste Management Act of 1988” (FIU, 2011), established its own internal ‘green machine’ or solid waste and environmental protection system via the FIU Custodial Services Office. The university’s efforts in ensuring efficient solid waste management even “far exceeds the minimum standards” (FIU, 2011) required by law. What makes the solid waste management efforts of the university one-of-a kind is the establishment of a “single stream recycling program which means that all recyclable items can be placed into one bin and do not have to be sorted” (FIU, 2011). Nevertheless, despite the use of single recycle bins, proper labeling has to accompany each bin to ensure that only materials that are recyclable are placed in the bins. There are also different sized of bins which are placed stra...
Social responsibility can be defined 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 of the local community and society at large” (Mallen Baker, 2004). In addition, social responsibility has been defined differently by various corporate leaders that provide guidelines which impacts how one manages the core business. Social responsibility is an essential part of a business. If managed correctly should strengthen the competitive spirit of the company and provide prosperity to society.
...Pringle, S. A. (2013). Recycling at UK Music Festival Survey. Retrieved 02 28, 2014, from Agreenfestival.com: http://www.agreenerfestival.com/waste-management/
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
for affecting change in how waste and recycling are handled because they produce more waste
McKenzie, A. D. “Recycling: It’s Rubbish to Waste Like This.” Global Information Netwrok 18 Nov. 2013: n. pag. SIRS Issues Researcher. Web. 24 Jan. 2014.
It will be advantageous for the company if they can project themselves as responsible corporate citizen and an environment friendly company. Social enrichment schemes, recycling schemes and educational funds can be initiated to cater to this cause and long term goal.
A corporations CSR should be shaped in order to fit the goals of the corporation, although every corporation’s CSR should differ, since most have different goals and different communities behind them. The CSR should be molded into fitting the corporation’s goals in order to make it easier on the corporation in giving back to the community while achieving its goals. For example, a corporation located in a desert wishes to be more efficient, by reducing water usage it is not only creating lower costs, which result in higher revenue, but also helps the community by not taking up so much water. Taking this into consideration, it is critical that the corporation goals and values are established and clear throughout the corporation, they should be developed by the board or directors and CEO, and the highest managerial level should stress their importance to the rest of the corporation. By making the goals and values at the top branch of the corporate hierarchy, it will be simpler for the corporates community to develop in order to nurture those goals and values. Therefore, a corporation can reach the “shared-value,” a value for both its shareholders and community in a simpler manner that can result benefiting the corporation in the end as well. Throughout the article many examples are given of actual corporations that have benefited and changed their CSR in order to fit their goals, therefore, providing solid proof that these methods work. Nevertheless, as acknowledged by the author’s themselves, most of the corporations taken into consideration where one’s that Harvard CSR students were employed
In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to have CSR policies. Therefore, in twentieth century, corporate social responsibility (CSR) became an important development in public life (Barnett, ND).Corporate social responsibility is defined as “the ways in which an organisation exceeds the minimum obligations to stakeholders specified through regulation and corporate governance” (Johnson, Schools and Whittington, N.D cited in March, 2012). Stakeholders can be defined as “those individuals or groups who depend on the organisation to fulfil their own goals and on whom, in turn, the organisation depends” (Johnson, Schools and Whittington, N.D cited in March, 2012). There are many purposes for this essay, the first purpose is to descried the key principles of corporate social responsibility and explain their importance for stakeholders. Secondly, is to show how far this company follows those principles in order to be accountable to at least three of its stakeholders. In this essay, three stakeholders, environment, customers and employees will be evaluated respectively and the key principles of the stakeholders will be examined.
Corporate Social Responsibility (CSR) is a very familiar term in today’s world. Most of the successful companies try to be ethical and socially responsible toward their stakeholders. Because becoming ethical and socially responsible gains a lot in terms of profit or capturing more market share (Aras and Crowther,2009). This socially responsible approach is paved by the CSR activities of the companies which has a great contribution to their corporate strategy of winning the customers’ mind. In this assignment, the pros and corn of CSR activities of a particular organization a...
Corporate Social Responsibility is an organisation’s obligation to serve the company’s own interest and the one’s of the society. Moreover, Corporate Social Responsibility has a definition of a concept where the companies integrate social and the environmental concerns into their own business operation and also on a basis of voluntary with their interactions they have with the stakeholders. Corporate Social Resp...
The best strategy for waste management is to practice the three r’s: reduce, reuse and recycle. Hotels must take steps
Efficient waste managing approaches help with reducing and avoiding unpleasant impact on the environment and human health, while allowing financial development and progress in the quality of people’s life. People do not even imagine what is the size and capacity of their activities and the impact they produce on the environment. Garbage is an important ecological problem. It is seems amazing that approximately all of the citizens of the world identify rubbish as a major environmental problem and yet these people still litter. According to the Environmental Protection Agency (2008), an American produces 250 million tons of garbage per year (para.2). There are different circumstances that are based on the society, environmental conditions, occupation and size of each of the different family. As Richmond (2010) stated, if no administration organizations has the responsibility or resources to concentrate their efforts on the waste disposal, then the responsibility to do that is on ...
In the current time of growth and progression, individuals should know that how a business not only flourish but sustain itself. Making profit is one of the main targets of every corporates but it must not be the only one. When an individual builds a company in order to do business, they should be well aware of their contribution towards the society as well as their business and employees in it. It is total strategy of all. We should be able to realize every increment contributes of it. One of the major factors that affect a business is how well it participates in Corporate Social Responsibility. According to (Werther & Chandler, 2006) corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefits the society. In authenticity, there is a whole lot to argue about it. There are no major guidelines that decides either a business is participating in Corporate Social Responsibility; what might be considered a Business practicing CSR to some, can still not be accepted for it by others. CSR may be restrained a term which his highly flexible. This paper will discuss about Corporate Social Responsibility and its