The Place of Corporate Social Responsibility in the Modern Day Company Environmental Conservation

3

ThePlace of Corporate Social Responsibility in the Modern Day Company:Environmental Conservation

ShortStatement

Acompany is a profit making organization, operating within aparticular market to further its objectives and depending on itscustomer base to ensure continuity. The needs of the company areshared with the clients who in their contribution facilitate the lifeof the enterprise. It is reasonable to put across that the strengthof any given company is founded on its strategies to persuade a hugecustomer base that will support the company to posterity. In essence,it befits to explain that the clients and everybody who forms part ofthe company’s community have a vital role to play in the growth ofthe given company. Therefore, it is only prudent that the firm of itsvolition will consider appreciating its community that functions tokeep it afloat within the dense market of competition. The company,in other words, ought to give back to the society in which it isresiding and even beyond its locality. In technical terms, the act ofgiving back to the community is described as Corporate SocialResponsibility. It is essential to note that the law has made it acondition for the companies to make provision on the concept ofCorporate Social Responsibility. It is an area that ascertains theright relations between the businesses and the communities in whichthey operate. Decisively, therefore, I propound in my research thatthe best area the companies should be investing their gratitude is inthe Environmental Conservation sector. As a result of environmentaldegradation, humanity has faced hardships within their habitation.Also, it requires mentioning that food security has become an elusiveidea to achieve. The struggle of every government is to ensure foodsafety to her citizens, especially in the third world. The primarycause of food insecurity is the degradation of the environment, whichcannot support the agricultural ventures adequately. Therefore, thisarea is presented as that which calls for much attention. The paperwill delve into Corporate Social Responsibility with a closer insightinto the subject of Environment Conservation.

Hypothesis

Theresearch intends to prove the idea that Environmental Conservation isthe best practice of Corporate Social Responsibility.

Thearea of Environmental Conservation requires much attention for it isthe backbone of humanity’s survival. In the progressing years, theworld has witnessed an attack on its natural world, and theman-nature relations have dwindled in the hands of individuals andcorporations who are focused on degrading the environment withimpunity. The state of the environment affects dealings within theworld. It is of nature that the world finds its outlook, meaning abetter environment guarantees healthier relations. It is this settingthat even business relationships thrive. Therefore, it is only properthat the companies will be making investments to conserve theenvironment. The industries that release harmful gasses into theenvironment should remain in the forefront, creating and supportingconservation projects. Environmental degradation has caused climatechange, which is considered a world menace. The effect of Climatechange has spread to all parts of the world, and presently no countrywould boast of living in an environment that is not threatened. Thereis more famines and drought witnessed the melting of ice at theArctic Circle is evidence that climate change is real. The cause isuncontrolled human activity. Therefore, the companies should be putto task to reinvest into nature conservation. The only means thecommunity will benefit from any given company is when the environmentwithin which they conduct business is kept safely, and within anyindividual’s limited sphere, they are guaranteed a pleasantatmosphere to contribute to the growth of the companies and thecommunity as a whole.

Mainly,these research questions should be addressed:

a.What is the impact of any business’s contribution to thesociety, as an object of Corporate Social Responsibility throughconservation of the environment?

b.What programs should the companies adopt to address the problem ofenvironmental degradation?

c.Is there need for the modern day business to in invest in the areaof environmental conservation as a way of Corporate SocialResponsibility?

Objectives

Theprimary goal of this research is to encourage the firms to devotetheir time and finances to creating and supporting programs andprojects, safeguarding environmental safety.¹The transactions conducted within safe environments promote healthierinteractions, translating to increase in profits for the companiesinvolved. The paper will provide literature extensively that thebest method of Corporate Social Responsibility includes participatingin Environmental conservation.

Thestudy will further address:

a.To provide widespread sources and materials on the concept ofCorporate Social Responsibility

b.To review the current methods of Corporate Social Responsibility

c.To assess the sources and affirm the place of EnvironmentalConservation as a way of CSR.

Thefindings of this paper will be instrumental to other researchers andcompanies who want to pursue Environmental conservation as theirmanner of giving back to the community. It is important to state thatthis is the only method that is all inclusive, bringing all membersof the community on board for the sole objective of saving theenvironment.

Reasonsand Logic

Studiesrecord that Corporate Social Responsibility has progressed from asimple ideology to the reality, and the society now studies it asnecessary for organizations to express their duties towards thecommunity and apply social and ethical principles to theirbusinesses.² It is noteworthy that the companies progressively use CorporateSocial Responsibility (CSR) to display their brand to consumers andother stakeholders. It has become a method of inviting more people toinvolve in the transactions of the companies participating in CSR. Therefore, the benefit of CSR is far reaching, and its practiceshould be embraced to make the society a better place by appreciatingthe contribution of the stakeholders.

Also,research provides strongly that the idea of social responsibilityrestrains individuals and corporations from indulging in activitiesthat harm the society through being responsible for their actions. Social responsibility requires that humanity will consider itssurvival through involving in activities that maintains the dignityof people.³Hence, it is proper for organizations especially those that involvein activities destroying the natural world and the typical set-up ofhuman existence to ensure that they protect the same environmentwithin which they operate.

Again,sources document that China’s double-digit monetary growth isaccompanied by serious environmental harms.⁴It is, therefore, needful that the organizations involved in theseeconomic activities should devise methods to save the environmentfrom further devastating effects. The idea of Social Responsibilitydefines the liability of the companies, urging them to takeresponsibility for their actions and holding them to account for theactivities they engage in to destroy the environment. It is ofcritical concern to resonate that the companies who have wasted theenvironment with their operations have done so with impunity.Consequently, it has caused the demand by the rest of the society tohold them accountable, insisting on the adoption of CSR as a methodthrough which they repair the destruction or stop the continued harmto the environment.

Thedimension in a company embracing CSR should be self-driven evenwithout pressings from the legal provisions. However, it is of muchsignificance indicating that the development of CSR has seen theincrease of its inclusion in the company activities as a matter ofnecessary condition. Some companies choose to evade responsibilityafter causing harm. Having earlier mentioned that CSR is anappreciative conduct, it is only reasonable that organizations willreward the community around them with programs that empower them tofurther contribute to the growth of their companies.

Itis sensible to provide that the businesses that engage inenvironmental destruction through their activities mainly, emittingtoxic and untreated waste into the atmosphere should not go withouttaking responsibility to their acts. It may be apparent that theirproductions are benefiting the economy in another dimension however,it should not cause the adverse effect on the livelihoods of the restof the humanity. Therefore, such productions should be conductedwith precautions to ensure no danger to the existence of people. Thebusinesses must strategize within the reasonable means projects thatwill benefit the community within which the impact of theiractivities is felt.⁵Corporate Social Responsibility should thus take the form ofEnvironmental Conservation.

Itis important to convey that the European Commission describes CSR as“an idea through which organizations offer voluntarily tocontribute to a better society and a cleaner environment.⁶”The aspect of ensuring a cleaner environment mandates the companiesto be considerate of their surroundings. Therefore, even though acompany would settle on another way to discharge theirresponsibility, it remains that the environment is an essential areafor the operation that requires every organization`s attention. CSRcontributes that any business recognizes its stakeholders and includetheir values and needs in the strategic and effective decision-makingprocess.⁷

Plan

Thestudy will use literature review to collect information. The studywill involve comparisons between different companies to settle on themost appropriate information. The research will apply interview as amethod of collecting information. I will get to the members of thecommunity to have one on one conversation with them over what theyprefer to be the most efficient practice of Corporate SocialResponsibility. The study should ascertain the hypothesis thatEnvironmental Conservation is the most reliable and all-inclusivemethod of discharging CSR.

Thepaper will mainly look into how CSR is addressed in modern dayorganizations, considering Environmental Conservation as an importantmethod to be adopted. The ethical issues in business predispose thecompanies to make significant decisions that will include CSR. It isan outstanding program for the business that research has provenimpact on the general outlook of organizations besides involving thestakeholders in business running. This study will delve extensivelyinto issues of environment conservation and how a company that adoptsthis program has better chances above other businesses to make moreprofit.

Bibliography

Agarwal,Supriya. &quotCorporate Social Responsibility Vs CorporateSustainability in India: A case study on Aditya Birla Group.&quotInternationalJournal for Innovative Research in Multidisciplinary Field2, no. 6 (2016): 13.

Shahrullah,Rina Shahriyani, Elza Syarief, and Nita Chan. &quotStrategies ofBanks in Batam City to Comply with Corporate Social Responsibility.&quotIn ICMLG2016-4thInternational Conference on Management, Leadership and Governance:ICMLG2016,p. 303. Academic Conferences and publishing limited, 2016.

Singh,BK Jha Rini. &quotCorporate social responsibility in India.&quotInternationalJournal of Higher Education Research &amp Development1, no. 1 (2016).

Weber,Rolf H. &quotInternet Policies and Corporate Social Responsibility&quot.SSRNElectronic Journal.doi:10.2139/ssrn.2809808.

Youn,Seung-Ho, and Si-Young Ryu. &quotThe impacts of CSR program on youngstudents` attitudes toward the corporation and natural environment:Tourism study from a convergence perspective.&quot IndianJournal of Science and Technology9, no. 26 (2016).

Zhu,Qinghua, Junjun Liu, and Kee-hung Lai. &quotCorporate socialresponsibility practices and performance improvement among Chinesenational state-owned enterprises.&quot InternationalJournal of Production Economics171 (2016): 417-426.

1^ Singh, BK Jha Rini. &quotCorporate social responsibility in India.&quot International Journal of Higher Education Research &amp Development 1, no. 1 (2016).

2^ Zhu, Qinghua, Junjun Liu, and Kee-hung Lai. &quotCorporate social responsibility practices and performance improvement among Chinese national state-owned enterprises.&quot International Journal of Production Economics 171 (2016): 417-426.

3^ Youn, Seung-Ho, and Si-Young Ryu. &quotThe impacts of CSR program on young students` attitudes toward the corporation and natural environment: Tourism study from a convergence perspective.&quot Indian Journal of Science and Technology 9, no. 26 (2016).

4^ Shahrullah, Rina Shahriyani, Elza Syarief, and Nita Chan. &quotStrategies of Banks in Batam City to Comply with Corporate Social Responsibility.&quot In ICMLG2016-4th International Conference on Management, Leadership and Governance: ICMLG2016, p. 303. Academic Conferences and publishing limited, 2016.

5^ Singh, BK Jha Rini. &quotCorporate social responsibility in India.&quot International Journal of Higher Education Research &amp Development 1, no. 1 (2016).

6^ Weber, Rolf H. &quotInternet Policies and Corporate Social Responsibility&quot. SSRN Electronic Journal. doi:10.2139/ssrn.2809808.

7^ Agarwal, Supriya. &quotCorporate Social Responsibility Vs Corporate Sustainability in India: A case study on Aditya Birla Group.&quot International Journal for Innovative Research in Multidisciplinary Field 2, no. 6 (2016): 13.