Disadvantages Of Corporate Social Responsibility

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What is corporate social responsibility ?
The term corporate social responsibility (CSR) first appeared in 1960s before that corporations main and only concern was to gain maximum profit , The World Business Council for Sustainable Development in its publication Making Good Business Sense by Lord Holme and Richard Watts, used the following definition for corporate social responsibility .
“Corporate Social Responsibility is 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”.
Another definition is that Corporate social responsibility is the organizations obligation toward …show more content…

With competition and globalization companies are facing more challenges than before , customers make their decisions based on several factors and expect good quality on products and services , customers also choose to buy products or services positively impacting their community or environment . there for it is important to include CSR in your company’s strategic plan .
Some benefits of applying CSR in your organization :
• Creating Better Public Image ; both customers and consumers feel good buying from corporations helping the community and trying to preserve earth’s resources. Meaning that consumers prefer companies or corporations involved in CSR than others who are not .
• Getting more media coverage ; take CSR communication seriously and engage in PR. Form relations with media – and they’ll be more inclined to tell your stories. The better the stories -i.e. the more people benefit from your programs or initiatives – the better the media coverage.
• Positive work force environment …show more content…

Emirate’s are fully engaged in CSR and they have helped in many countries such as Building 2 hospitals in Bangladesh and Working with NGOs to assist homeless people , also they have Built Cheshire homes in Chennai India for children as well as donating 17000 in aid to girls studying in colleges and universities . also they have initiated many project being :
Building schools in Kenya, Ethiopia and Zimbabwe and Building hospitals in Colombia, Sri-Lanka, Dubai desert conservation, water project in Tanzania, solar irrigation project in Tambacoundo, sengal, biogas digester project in Tanzania .
They also initiated the Emirates Airline Foundation , Emirates Airline Foundation is a non-profit charity organization which aims to improve the quality of life for children, regardless of geographical, political, or religious boundaries, and to help them maintain or improve their human dignity.
• Fikelela children’s center , cape town south Africa
Fikelela, which means “reach out” in Xhosa is a program founded in the year 2013 aiming to provide health and care services for children in particular the youngest victims of the HIV/AIDS pandemic affecting the world. The center also provides housing for children, from 0 to 8 years, who have been abandoned, neglected or orphaned, affected or infected by

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