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Friday, April 26, 2019

Corporate Social Responsibility Essay Example | Topics and Well Written Essays - 1000 words

Corporate Social Responsibility - stress ExampleCorporate social responsibility alleviates build sustainable and stable business environments with healthy markets and environ communities (McCabe, 2). The key aspects for corporate social responsibility include firstly, social investment which involves the fellowship contributing to the foundation of the alliance. Secondly, transparency and accountability whereby the company is transparent on what they do, this will help build confidence from the extracurricular on their business. Thirdly, CSR is aimed at enlightening self interest whereby they are able to work well with the confederation and, lastly, to increase the expectations of the union on their business and that it is not all about getting profits but, overly for providing employment and helping the community in their projects. Corporate social responsibility involves a companys social investment in a society and the trust they build through their CSR activities. A su rd CSR is associated with good business and successful leadership the way they relate to the community will affect their affinity with their customers and stakeholders (McCabe, 4). They, therefore have to be very careful in giving back to the community. This makeup will analyze the WD-40 company corporate social responsibility. WD-40 is a global consumer crop company that deals with untruth of products such as cleaning agents, chemicals, and aerosols. The board manages how the company handles its management and social responsibility, which includes compensations. The WD-40 CSR program assists the neighboring community, stakeholders and investors (WD-40 Company). The community is the greatest beneficiary of the CSR program. In terms of leadership and business ethics, they ensure that they treat all the stakeholders, customers and investors in the same way (Samuel & Celine Louche, 28). Leadership ethics involves the companys culture of making ethical choices. It measures the compa nys obligation to incorporating into the social aspects in their laid down objectives. Another important feature of CSR at WD-40 is transparency. Transparency put in place to ensure that the company is open in what it does to both customers and stakeholders. This help build trust in the whole society. WD-40 makes sure that it involves the employees in the verdict making process and presidentship of the company. This feature of CSR ensures that the company has a list of its stakeholders and how they engage with them and, that its part of global entities. In the aspect of community development, the company fork overs how it relates with the community through giving, donations and involvement in development activities (OBrien, 2). The company should show their responsibility in protecting the health of the community at large. If they are engaging in construction activities, they devise ways to protect the environment by carrying out impact assessments and, giving the community a cha nce to show whether they are comfortable with their activities, i.e. they should be part of decision-making (McKinsey & Company, 5). The class that involves products and services covers the companys responsibility in development and management of products and their impacts on the community. The company focuses on the health of consumers and market opportunities available. The quality of their products influences how a product or service will sell they should ensure that their products work especially, that their products deal with cleaning (WD-40 Company). The human rights category measures the companys commitment to respecting human rights and the freedoms associated with the human rights. This will help the company be recognised as one that values human

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