If you find yourself asking how to make your company be socially accountable to itself, its stakeholders, and the public, then Corporate social responsibility is the answer you are looking for.
By practicing corporate social responsibility allows you to be conscious about the kind of impact your company is having on all aspects of society, including economic, social, and environmental.
Understanding the Importance of Corporate Social Responsibility
Corporate social responsibility is a very broad concept and can take different forms depending on the industry and the company. It is a crucial part of most companies as it helps the company enhance society and the environment.
Corporate social responsibility is as important for the community as it is for the company because the CSR activities can help consolidate the bond between employees and corporations, boost morale and help them stay in touch with the society they live in.
How Corporate Social Responsibility Works
Usually, the companies that adopt CSR programs have grown their business to the point where they can give back to society. Thus, corporate social responsibility is typically a practice implemented by large corporations.
But, on the 1st of April, 2014, India became the first country to legally mandate corporate social responsibility. The new rules, as mentioned under section 135 of India’s Companies Act, make it mandatory for the companies of a certain turnover and profitability to spend 2% of their average net profit for the past three years on CSR.
The law also stipulates that CSR activities should be undertaken only in “project/program” mode as well as provides detailed guidelines regarding what kinds of activities are eligible across several categories. The list of categories for Corporate Social Responsibility is very wide-ranging from hunger and poverty, education, health, gender equality to women empowerment, skill training, environmental conservation, and many more.
How can GreenTek Reman Help?
We at GreenTek Reman understand that Corporate Social Responsibility is a company’s sense of responsibility towards the community and environment in which it operates. Therefore, we envisage helping organizations and educational institutions to get engaged in environment-friendly business practices that not only help you create value but also promote technology disposal policy.
At GreenTek Reman, your Corporate Social Responsibility is our responsibility. With our team of experts, we help you develop customized CSR programs that allow you to achieve the optimum results out of your CSR budget.
Considering how broad the spectrum of Corporate Social Responsibility is we provide different programs to cater to your CSR needs. Some of the programs offered are:
- Educating Children: GTR Facilitate IT Infrastructure capabilities to NGO’s & Non –Profit Organizations working in area of Sustainable Environment Conservation, Education for Underprivileged Children, and Girl Child Education.
- Planting: GreenTek Reman can facilitate plantation drives and develop and maintain public areas. an event was held at our Recycling plant in Greater Noida, which saw an overwhelming response.
- E-Waste Safe Disposal Awareness Campaign: Greentek often run drives to aware people about the effect of increasing e-waste over nature. Our purpose is to educate persons
- E-Waste Collection Drive: We can sign up a contract with our clients to collect e-waste from their premises. We place e-waste collection bins, set up stalls to spread awareness about the importance of e-waste recycling.
As we have already discussed, Corporate Social Responsibility is a unique as well as a noble act that not only helps to have a positive impact on the society where your organization is based but also helps to enhance the public image of your organization.