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/XObject << BT A CSR strategy allows companies to create specific designs in social, environmental, and governance activities that are carried out according to the intended Qt%^?R#jt,M:i /URI (www\056cambridge\056org\0579781107114876) >> >> ] /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /Rect [ 17.01000 21.01000 191.50000 13.01000 ] MindTree tries to foster a collegian, Do not sell or share my personal information. /S /URI 2, No. /A << /Type /Page The UN Guiding Principles on Business and Human Rights recognize the importance of making a range of dispute resolution mechanisms available, in particular non-judicial grievance mechanisms, to bring parties together to find mutually-beneficial solutions. >> >> /Border [ 0 0 0 ] /URI (www\056cambridge\056org) /Rect [ 17.01000 744.69000 81.07000 736.69000 ] Companies must operate responsibly in a conscious and consistent way to mitigate environmental and social risks, including those related to human rights. /Type /Page /URI (www\056cambridge\056org) Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and >> /Border [ 0 0 0 ] >> 29 0 obj The updated Strategy makes clear the Governments expectation that Canadian extractive sector companies reflect Canadian values in all their activities abroad. /MediaBox [ 0 0 535 835.65000 ] 30 0 obj <> endobj 0000006985 00000 n WebCSR is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders. 0.99000 w /Font << In 2013, Canadian-headquartered mining and exploration companies accounted for nearly 31% of global exploration expenditures. /pdfrw_0 200 0 R Fwq/jPpp;,_ CQ'bHo$i>Txr1N'0U0CH@QBr0bt A69lbbmN15ovp$|JEI8#n&.5g~A^'%#? /URI (www\056cambridge\056org) /Type /Annot /F1 55 0 R /Contents 62 0 R Together, the CSR Counsellor and the Canadian NCP form key elements of the Government of Canadas efforts to foster constructive relationships between Canadian extractive sector companies and project-affected stakeholders. /Subtype /Link endobj /MediaBox [ 0 0 535 835.65000 ] <007700770077002e00630061006d006200720069006400670065002e006f00720067> Tj >> Accepted Version (PDF The review was conducted over several months by Canadas Department of Foreign Affairs, Trade and Development (DFATD) and Natural Resources Canada (NRCan), with partners across government. A CSR report can improve a companys image, warn company leaders of dangerous shortcomings in corporate social Where host country requirements differ from the international standards listed below, the Government of Canada expects Canadian companies to meet the higher, more rigorous standard. <003900370038002d0031002d003100300037002d00310031003400380037002d00360020201400200043006f00720070006f007200610074006500200053006f006300690061006c00200052006500730070006f006e0073006900620069006c006900740079> Tj /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /XObject << >> >> /A << /Border [ 0 0 0 ] Its mandate is twofold: firstly it offers advice and guidance for all stakeholders on implementing CSR performance guidelines. MindTree believes in developing concrete partnerships with client companies whether they need to, run their business more efficiently or accelerate revenue growth. /Annots [ << Canada seeks a well-regarded and globally competitive extractive sector, and also works to broaden the local development benefits that extractive sector investment can bring to a community and country. << 0 g 53 0 obj <>/Filter/FlateDecode/ID[<0710409C58ED0E49BB1272804E70B8D0>]/Index[30 44]/Info 29 0 R/Length 110/Prev 130507/Root 31 0 R/Size 74/Type/XRef/W[1 3 1]>>stream /Subtype /Link /Annots [ << /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /Type /Annot %PDF-1.5 % >> << endobj /Matrix [ -1 0 0 -1 535.74800 697.32300 ] >> Webmodern practice of corporate social responsibility (CSR). Both the Extractive Sector CSR Counsellor and the Canadian NCP are key to Canadas efforts to foster constructive relationships between Canadian extractive sector companies and project-affected stakeholders. >> ] 27 0 obj hb```f`` <00430061006d00620072006900640067006500200055006e00690076006500720073006900740079002000500072006500730073> Tj S /URI (www\056cambridge\056org) /Type /Page /Resources << >> /Length 1722 /Contents 166 0 R With regional offices across Canada and diplomatic missions in more than 100 countries around the world, the Government is well positioned to assist Canadian companies abroad. MindTree provides a lot of IT related services like, Application Development & Maintenance, Application Services, Independent Testing, IT, Analytic, and infrastructure Management etc. /Border [ 0 0 0 ] /URI (www\056cambridge\056org\0579781107114876) << /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /Annots [ << When searching for the term corporate social responsibility, the popular search engine JSTOR generated nearly 100,000 citations. q It includes /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /pdfrw_0 123 0 R Q /MediaBox [ 0 0 535 835.65000 ] /XObject << The Government already actively promotes awareness and understanding of the importance of responsible business practices and human rights, but will increase its efforts to communicate the financial benefits of responsible behaviour that meets and exceeds widely-accepted international guidelines and standards, including those related to reporting. endobj << /Parent 1 0 R >> >> MindTree has a global workforce of, approximately 16,000 employees. /Parent 1 0 R /I1 53 0 R /A << /Parent 1 0 R They create opportunities for Canadian companies to engage in relationship-building through conferences, workshops and other activities involving companies, representatives of host governments, and civil society. 24 0 obj This will include payments made by industry to Aboriginal governments. Environmental responsibility. >> 1, May 2018, Business Strategy of Top Indian IT Company: MindTree. /Annots [ << <00a900200069006e00200074006800690073002000770065006200200073006500720076006900630065002000430061006d00620072006900640067006500200055006e00690076006500720073006900740079002000500072006500730073> Tj >> /Border [ 0 0 0 ] /I1 53 0 R >> endobj /FullPage Do /Type /Annot Canada has two dialogue facilitation mechanisms for helping communities and Canadian extractive sector companies resolve differences. >> /URI (www\056cambridge\056org\0579781107114876) /Type /Page >> /Font << >> 0.57000 w Canadas diplomatic missions abroad actively promote awareness and understanding of the importance of responsible business practices. Today many organizations are facing challenge of integration of CSR in business. >> ] /A << /I1 53 0 R q /Subtype /Link The Government will take steps to provide improved guidance related to stakeholder engagement, with a view to prevention of disputes and their early detection and resolution. /XObject << /F1 55 0 R /Annots [ << /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /F1 55 0 R /Subtype /Link /MediaBox [ 0 0 535 835.65000 ] /Contents 194 0 R Also, Industry Canada has the CSR Implementation Guide for Canadian Business. >> ] /Contents 69 0 R /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /Annots [ << /Border [ 0 0 0 ] To meet Canadas 2013 G8 commitments, on October 23, 2014, the Government introduced the Extractive Sector Transparency Measures Act (ESTMA) into Parliament. 3. Canadas representatives around the world are a crucial delivery mechanism for advice and guidance to help raise CSR performance among Canadian extractive sector companies on the ground. /Type /Page /Type /Annot /A << >> /Type /Annot 15 0 obj /pdfrw_0 105 0 R >> /pdfrw_0 158 0 R /XObject << 22 0 obj /A << Private sector operations can impact, and be impacted by, security and conflict, human rights issues (including those affecting women and children), the environment, corruption, indigenous rights, local economic conditions, and more. It also supports implementation of leading international standards and guidelines, for both firms and countries, emphasizing transparency. /Type /Page endobj >> << 23 0 obj endobj /Type /Annot 0 31.18000 m /Subtype /Form 0000004017 00000 n /Resources << /I1 53 0 R f /A << Canadas efforts to share practical CSR information and help foster partnerships and effective, respectful engagement can be viewed as proactive prevention. >> As exploration firms are often the first point of contact with communities, they have an important role in setting the tone for stakeholder relations over the life of a project. /pdfrw_0 118 0 R /S /URI Implementing a CSR program in your organization is as easy as following these simple SMART steps: Identify organizational core values that leverage core competencies. Recruit senior leadership and frontline leaders to be sponsors and champion CSR initiatives. Engage stakeholders in iterative collaborative feedback loops that incentivizes idea /Subtype /Link /Length 3755 /Subtype /Link %PDF-1.4 % /Font << Today many organizations are facing challenge of integration of CSR in business. Having these firms recognize the need to integrate CSR into their activities will help them establish good stakeholder relations, and may make their projects more attractive to investors. >> << Find out more. ET The purpose of the study is to investigate the internal drivers and external determinants of corporate social responsibility (CSR) strategies practiced by multinational enterprises (MNEs) using institutional theory and the resource-based view. 10 0 obj /A << /BBox [ 0 0 535.75000 697.32000 ] Review activities included an internal evaluation, based on Treasury Board guidelines; behavioural surveys of Canadian extractive sector companies on CSR awareness; an NRCan research project on inclusion by mining companies of CSR and related issues in their reporting to securities exchanges; consultations on the CSR Strategy with industry and civil society representatives; and an online public consultation. Internationally recognized CSR guidelines and standards are important for companies operating abroad. The second part of the CSR Counsellors mandate is to review the CSR practices of Canadian extractive sector companies operating outside Canada. Such activities include negotiating CSR-related language in Free Trade Agreements, helping build the capacity of local government officials in responsible resource management, and reducing corruption globally. /A << ET /URI (www\056cambridge\056org) ET It can also assist in fostering debate about how government revenues are spent and in helping build the capacity of communities to hold their government to account. /I1 53 0 R >> /Font << Missions will also increasingly be able to provide contacts to assist in establishing partnerships between companies and development organizations, enabling companies to gain valuable expertise and information in areas such as community relations and building local capabilities. /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] Many of the activities listed below, such as trade agreements, are not undertaken for the express purpose of enhancing company CSR performance, yet impact companies motivation and ability to integrate CSR into all components of their work. Corporate social responsibility (CSR) is a multifaceted concept that reflects a firms response to the expectations and demands of a wide range of stakeholders, including society, the environment, and individuals (e.g., Carroll 1979; Freeman 1984; McWilliams and Siegel 2001 ). /ProcSet [ /PDF /Text ] /URI (www\056cambridge\056org) WebWith a comprehensive strategy and consistent compliance, we strive for greater sustainability. 17.01000 749.63000 Td >> << S /Resources << Today, India enjoys a glad pride of place in global arena not only as a fast emerging economy but also as a vast pool of influential human resource, as a young democratic nation in world to promote Excellency, and standards of wellbeing among vulnerable sections and communities in bottom of line is a challenging task still 21 st century in Indian context. >> /BBox [ 0 0 535.74800 697.32300 ] WebCorporate Social Responsibility and Sustainable Business 0.73700 0.74500 0.75300 rg 32 0 obj /Annots [ << 141.73000 793.13000 m /Resources << WebFebruary, 2015 Abstract The wide adoption of corporate social philanthropy as corporate social responsibility (CSR) by management and their board has not yield the expected <<1FC0E6270F9E444594FFB45FCB33A02E>]>> >> The CSR Counsellor will also build on the work conducted at missions abroad by refocusing efforts on working to prevent, identify and resolve disputes in their early stages; In situations where parties to a dispute would benefit from formal mediation, the CSR Counsellor will encourage them to refer their issue to Canadas National Contact Point (NCP), the robust and proven dispute resolution mechanism, guided by the OECD Guidelines for Multinational Enterprises on responsible business conduct, and active in 46 countries; Companies are expected to align with CSR guidelines and will be recognized by the CSR Counsellors Office as eligible for enhanced Government of Canada economic diplomacy. It is also important to determine what each party will contribute to local development. Facilitating dialogue towards dispute resolution. /Annots [ << This includes training on how to help companies build networks and partnerships with local communities, encourage dialogue between Canadian companies and local stakeholders, and use their on the ground experience to help maximize the effectiveness of CSR efforts. /Type /Annot Both mechanisms are based upon international best practice, and bolster alignment of company activities with international guidance. q >> Unresolved disagreements with communities can also affect businesses through expensive project delays, damaged reputations, high conflict management costs, investor uncertainty, and in some cases, the loss of investment capital. It is based on an extensive review of corporate governance literature, PDF Board Diversity and Corporate Social Responsibility: Empirical Evidence from France Balancing critiques of CSR with a >> /FullPage 32 0 R 19 0 obj AN ASSESSMENT OF THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON THE STRATEGIC INTENT AT STANDARD CHARTERED BANK KENYA LIMITED, Corporate Social Responsability as a Factor of Competitiveness in Croatian Companies, Developing a Social Responsibility Strategy, Corporate Social Responsibility: A Review on Definitions, Core Characteristics and Theoretical Perspectives, CORPORATE SOCIAL RESPONSIBILITY PRACTICES IN INDIA: DIMENSIONS AND CHALLENGES WITH SPECIAL REFERENCE TO TELANGANA STATE, THE STAKEHOLDER APPROACH IN CORPORATE SOCIAL RESPONSIBILITY. 28 0 obj /A << WebCorporate social responsibility, business strategy, and the environment Forest L. Reinhardt* and Robert N. Stavins** Abstract We examine the concept offirms sacrificing 7 0 obj A number of pension funds have formed coalitions around issues such as climate change in order to pressure companies, including those in the extractive sector, to report on related risks to their operations and performance. << /F1 55 0 R f /I1 53 0 R Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility. >> Provision and promotion of CSR tools, guidance and advice were identified as core activities that should be carried forward to assist Canadian companies in enhancing their CSR efforts. 435.79000 14.17000 Td >> /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /Font << /I1 53 0 R /URI (www\056cambridge\056org\0579781107114876) Contacts such as these can provide companies with more fulsome market assessments on which to base their decisions and mitigation measures. >> /I1 53 0 R 2 J /S /URI Ioannis Ioannou and George Serafeim First Draft: October 29th, 2018 This Draft: April 20th, 2021 Abstract: We explore the conditions under Some corporate leaders understand the intrinsic value of contributing to society over and above job creation and investment wealth. /Font << /S /URI >> /Resources << /pdfrw_0 195 0 R /URI (www\056cambridge\056org) /Type /Annot /Annots [ << /Contents 209 0 R Description: This book takes an interdisciplinary approach to corporate social responsibility (CSR), examining economic sciences and managements to show the complexity of the contemporary perception and development of CSR in Poland. /Contents 174 0 R The companys bottomless proficiency in. /URI (www\056cambridge\056org) PDF | On Dec 1, 2013, Marc Orlitzky and others published Corporate Social Responsibility, Industry, and Strategy | Find, read and cite all the research you need >> /MediaBox [ 0 0 535 835.65000 ] 0000001080 00000 n >> For example, initiatives such as the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), and the Canadian International Resources and Development Institute (CIRDI), which is operated by the University of British Columbia in a coalition with Simon Fraser University and cole Polytechnique de Montral, will continue to foster dialogue, training and research, and promote best practices to support developing countries to enhance their capacity to manage their natural resource sector. /S /URI 333 0 obj <> endobj Canada is strengthening its commitment to enhance the ability of Canadian extractive sector companies to integrate CSR into their practices through a renewed Strategy, building on experience gained since 2009. endobj /Border [ 0 0 0 ] 6 0 obj /URI (www\056cambridge\056org\0579781107114876) /Rect [ 17.01000 744.69000 81.07000 736.69000 ] 0000004291 00000 n /A << /pdfrw_0 167 0 R /A << /pdfrw_0 Do >> /URI (www\056cambridge\056org) /S /URI 30 0 obj It is designed to bring disputing parties together to help them resolve their differences for a mutually beneficial result. The Office of the CSR Counsellor was established under the CSR Strategy in 2009. /MediaBox [ 0 0 535 835.65000 ] /Pages 1 0 R /Border [ 0 0 0 ] Download Intellectual Capital as a Precursor to Sustainable Corporate Social Responsibility Book in PDF, Epub and Kindle In an increasingly changing and complex environment, sustainable development, corporate social responsibility, effective knowledge management, and intellectual assets represent the basis of todays /A << /Resources << /pdfrw_0 63 0 R /XObject << This mandate is dual in nature. /A << /MediaBox [ 0 0 535 835.65000 ] << Strengthening the Environment Affecting Responsible Business Practices. /Contents 117 0 R 1. This helps create a positive climate for responsible investment, and improves the potential for the success of, and lasting local benefits from, Canadian extractive sector investments abroad. The Office of the CSR Counsellor is a valuable, extractive sector-specific resource, and will serve on the front end of the dispute resolution process . >> >> WebCorporate social responsibility (CSR) is a buzzword worldwide. /pdfrw_0 175 0 R /S /URI MindTree is focusing mainly on technologies like Big, Data, Mobility, and Cloud computing. Our ambition: By acting in an economically, environmentally, and socially responsible manner, we want to improve peoples quality of life and safeguard the livelihoods of present and future generations. 0000004246 00000 n /Subtype /Link /Border [ 0 0 0 ] /XObject << >> >> << A strategy for social and territorial sustainability Authors: Letizia Carrera Abstract Globalization and financial processes BT /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /Type /Annot /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /Type /Annot 0000000628 00000 n /Subtype /Link >> /Type /Annot /S /URI Overall, we explore the role of sustainability as a long-term strategy under conditions of strong imitative forces, contributing to both the sustainability and the imitation literatures. /MediaBox [ 0 0 535 835.65000 ] /Rect [ 17.01000 744.69000 81.07000 736.69000 ] << /Resources << >> /Type /Annot 0 g /URI (www\056cambridge\056org) /URI (www\056cambridge\056org\0579781107114876) /Type /Annot The wide range of the Governments efforts aimed at helping Canadian extractive sector companies improve their awareness and integration of CSR guidance into their practices can be grouped into the following sets of activities: In addition, Canada undertakes or participates in a broad range of activities whose direct purpose is not to improve private sector CSR practices but which nonetheless affect how well a companys CSR efforts achieve desired positive outcomes, both internally and for the surrounding area. The Offices Review Process can be initiated by companies or project-affected individuals or communities. /pdfrw_0 128 0 R /S /URI /URI (www\056cambridge\056org) /URI (www\056cambridge\056org\0579781107114876) Enter the email address you signed up with and we'll email you a reset link. WebCorporate social responsibility is currently taking the world of business by storm. WebCorporate Sustainability: A Strategy? /Type /Annot >> /S /URI >> /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /URI (www\056cambridge\056org\0579781107114876) The Offices non-judicial Review Process, designed to bring companies and project-affected stakeholders together to resolve differences, will be offered to parties at early stages of a dispute, as part of the Governments efforts to help companies and communities resolve issues before they escalate. Viewed together, the Governments actions provide a foundation for extractive sector companies, including developers, to go above and beyond legal requirements and reflect Canadian values in their work abroad through their implementation of CSR. >> ] >> >> >> Environmental /Type /Annot /A << /pdfrw_0 110 0 R /A << /URI (www\056cambridge\056org) /URI (www\056cambridge\056org\0579781107114876) This paper reviewed different definitions of CSR and presented some summarised dimensions attributed to the definitions which represent the area of focus for the definitions including; Obligation to the society, stakeholders involvement, improving corporate image and reputation, economic development, ethical business practice, law abiding, voluntariness, human rights, environmental protection, transparency and accountability. Over. >> /Border [ 0 0 0 ] If this is not possible, companies may wish to reconsider their investment. Financing considerations can drive corporate behavioural change. /URI (www\056cambridge\056org) BT 0000003980 00000 n The 2013 consultations on the Governments Extractive Sector Strategy also fed into the CSR Strategy review, as many submissions related to the CSR Strategy. /URI (www\056cambridge\056org\0579781107114876) 21 0 obj >> /Subtype /Link /Contents 147 0 R >> 17.01000 13.90000 174.50000 -0.39000 re /Annots [ << /Border [ 0 0 0 ] 0000002618 00000 n Companies engaged in senior CV activities could enhance their corporate and social images within the strategic action of social responsibility, indisputably improving peoples health and well-being. It is important to Canada that our extractive sector operate abroad in a manner that brings lasting prosperity for Canadians, and for those living in the areas in which our companies are active. /URI (www\056cambridge\056org) WebInternational Journal of Corporate Social Responsibility 2022 7 :1 Original Article Published on: 17 January 2022 Full Text PDF Management control systems in response to social and environmental risk in large Nordic companies This empirical study investigates the relationships between management control systems and social and environmental /Parent 1 0 R /S /URI The advisory mandate of the Office of the CSR Counsellor can be used by companies and communities to help detect, address and resolve misunderstandings or disagreements at an early stage and in accordance with international guidance. /Resources << >> Companies engaged in senior CV activities could enhance their corporate and social images within the strategic action of social responsibility, indisputably improving peoples health and well-being. 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