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Corporate social responsibility essay
effort are still needed to really achieve success and such effort besides spending so much money requires a simple change in behaviour that discourages unsustainable environmental practices. This has seen businesses allocating resources to building their CSR profile; since attracting and retaining quality hire remains one of the critical thrust of effective management. They are looking for new solutions for excess materials and food. CSR and Corporate Social Reporting, the great number of scholars, who have since the 1970s (Fenn, Ackerman analyzed the complex issue of Corporate Social Responsibility and the advantage of reporting on a wider scale, have given the possibility to evaluate social performance (Levis, 2006). In his work he tried to cover almost every aspect of corporate social responsibility such as equal employment opportunities, charitable contributions, fair dealing with customers, product quality and more. Thus, the responsibilities an organization owes its stakeholders should begin and end with profit making. This study offers that valuable academic literature which is important in understanding the underlying benefit to corporate performance is building and incorporating an effective CSR policy as one of the core strategies of a business in an increasingly sophisticated marketplace such as the. 'Positive effects on employee motivation, retention, and recruitment' - Companies can directly influence employees by having them be more motivated as a result of working in a better environment. In a quantitative online survey on the retail sector conducted by Jones, et al (2007) to investigate consumers perception of a companys CSR listed amongst others areas of falling standards are: in the use of the natural environment, employee benefit and sales practices to mention.
PRI is anchored on the value of businesses taking up CSR in area that uphold environmentally and socially responsible behaviors. This has been clearly demonstrated in the recently concluded COP21 Paris Conference on Climate Change where countries and their governments have to play an important role of setting limit of carbon emissions of publicly owned and privately owned businesses in their domains. These mechanisms are to ensure these supermarket chains reduce their carbon footprint, conserve water, adhere to good waste management, minimize and even eradicate food wastages, maintain decent work and adhere to industry codes and standards amongst others. Until the 1980s, environmental corporate responsibility was the part of social responsibility, which was used as a frame term that covered a wide field of ideas. Case studies can provide a solid understanding required for hypothesis development that then leads to improved theory development.
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