Essay on Climate Change: Corporate Social Responsibility

Essay on Climate Change: Corporate Social Responsibility

Length: 2583 words (7.4 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

1. Introduction:
In recent year, fighting climate change is a one of pivotal issues which require an interference from variety aspect in society, not merely a responsibility of government but also mandate of businesses. To defend a substanable growth of the business, taking care of stakeholder’s right should be paid attention, especially energy companies which directly integrate with government, community and environmental issue. A corporation is likely to obtain several perquisites throughout treats in a socially responsible manner, among them: the elevation of financial achievement and the mitigation of operating costs; the enrichment of the organization image and reputation; the upgrade of customer loyalty and sale (cited in Ciliberty, Baden and Harwood, 2011). BP is a global oil and gas company, supplying its clients with fuel for transportation, power for heat and light, retail services and petrochemicals products for everyday items (BP.com website). They have approximately 79 700 employees, reach over 80 countries in 2010 and revenue of BP corporation in 2010 is 297,107 million dollars (BP annual report, 2010) and each share of BP costs about 41,92 dollar ( Nasdaq.com website, 2011). They are a one of leader international company in global oil and gas industry, hence, these activities associate with environmental matter always are paid attention. Each year, they spend more than 1 billion dollars on alternative energy development (BP annual report, 2010). However, the expansion of BP operation in 2010 had lead to extremely awful consequence for nature which is an oil spill in the Gulf of Mexico. This event cause the death of 11 workers, injured of 17 others and lost of over 3 billions dollar to deal with it (ibid). In t...


... middle of paper ...


... but also their reputation in the long-term and the trust of communities where they are operating. Therefore, the effectiveness of protecting environments will assists the operation increase their value, obtain the trust of market and tend to the sustainable development for both corporation and community.
On the other hand, the responsibitility of protecting environment not only impose on the business but also is a duty of the government. The expansion of business units make the increase of competition within these industry and the company need to reform their technology and minimize the cost of product, hence, it lead to cut down environment budget. Therefore, the goverment must to build up the restricted rule to business operation in order to observe and guarantee the right and the duty of the business as well as enhance the living standard of their citizen.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Corporate Social Responsibility Of An Organization Essay

- As indicated by Crespo, M, et al (2005, p.1), client steadfastness and valuation for diverse administrations business is vigorously impacted by the Corporate Social Responsibility. It was observed that the CSR had much impact on shopper conduct. This was carried out by recognizing the different measurements of social obligation from the point of view of buyers and the force of each one measurement in the general development of social obligation. It is, then again, less demanding for purchasers or clients to store and get data in regards to the social obligation of an organization....   [tags: Corporate social responsibility]

Powerful Essays
2968 words (8.5 pages)

Essay Corporate Responsibility And Social Responsibility

- Corporate Responsibility It is almost impossible for any person to live a completely private or independent life. Therefore, people in the same society depend on each other for survival. Consequently, it implies that everybody in the society owes a responsibility to other people living in that society as well as to the environment they live in. The same way, one society owes a responsibility to all the others living around it. In a corporate or business environment, an organization has several stakeholders, including investors, suppliers, customers, employees, and the society as a whole....   [tags: Social responsibility]

Powerful Essays
882 words (2.5 pages)

Impact Of Csr And Social Change Essay

- Impact of CSR and Social Change The impact of CSR initiatives and social change in AAMA is to be a catalyst for positive systematic change in the community (Lefkowitz, 2003). In the late 1970’s the non-profits were the closest thing communities had in seeing some effects of socially responsible organizations. Nowadays, it has become more common place with B-Corp certification available for businesses in certain responsibility areas. The AAMA recognizes that their services and products come second place to the community of people they service without being a B-Corp certified organization....   [tags: Corporate social responsibility]

Powerful Essays
744 words (2.1 pages)

Corporate Social Responsibility By Barbara Mroz Gorgon Essay

- The main subject introduced in this article by Barbara Mroz-Gorgon is a challenge the modern companies have to undertake when approaching and implementing innovations on the basis of Corporate social responsibility as a response to dynamic changes of market environment. Moreover, this article provides fruitful examples of the particular innovations within the scope of corporate social responsibility, which are seen as a form of the tool. The strengths of the article can be perceived in the aspect of a coherent composition which brings the reader directly to the discussed point of the topic....   [tags: Corporate social responsibility]

Powerful Essays
1507 words (4.3 pages)

Corporate Social Responsibility By The Company Essay

- Corporate social responsibility is essentially a concept whereby the voluntary decision of the company in order to contribute to a better society and a cleaner environment. Corporate social responsibility by contributions by the company, through its operational activities and its social investment to the community. This is the concept of sustainable development to connect to the corporate level. In the past year a growing number of companies around the world began as clients, citizens and investors expect them to adopt sustainable and responsible for promoting their corporate social responsibility strategy....   [tags: Social responsibility]

Powerful Essays
728 words (2.1 pages)

The Importance Of Corporate Social Responsibility Essays

- Corporate Social Responsibility ​Corporate Social Responsibility (CSR) is a movement that aims to promote a greater awareness of how business activities and decisions influence corporate environment, stakeholders, and society in general. Adam Lindgreen and Valerie Swaen’s article “Corporate Social Responsibility” addresses this broad topic in a more narrow direction of CSR implementation as it discusses the most important stages of this process. While this article relies only on the previous research, it provides unique insights into CSR and even challenges the common views of this concept as the authors thoroughly analyze their secondary sources....   [tags: Corporate social responsibility]

Powerful Essays
881 words (2.5 pages)

Essay on A Research On Corporate Social Responsibility

- 1.0 BACKGROUND TO THIS RESEARCH Corporate Social Responsibility has increasingly become an important and integral part of the decision making of management and operations of corporations especially in the more developed economies in the world (Follows and Jobber, 1999).This owes largely to corporate scandals that continuously surfaced in various multinational companies. A few examples are the 2008 chinese milk scandal in the consumer food industry where 6 children died and 300,000 others fell ill, the Nike sweatshop scandal where human and working conditions were well below acceptable standards....   [tags: Corporate social responsibility]

Powerful Essays
1388 words (4 pages)

Types Of Corporate Social Responsibility Essay

- It’s been over two years since the Companies Act 2013 added rules related to Corporate Social Responsibility (CSR) in the form of Companies (Corporate Social Responsibility Policy) Rules, 2014. The fact that we have an act approved by the Parliament to this effect is in itself a commendable step for the world to follow. It must be appreciated that the law does a great job of ensuring corporates who are not doing as much in the space of social responsibility are bound by the law to do it; at the same time those who are already doing good work, are encouraged to do more....   [tags: Corporate social responsibility]

Powerful Essays
944 words (2.7 pages)

Starbucks And Corporate Social Responsibility Essay

- Today every company is putting the CSR as the forefront of their company’s mission statement, and Starbucks is leading in this area. As the company focuses on the triangle of reputation, organization and responsive integrity. This gives Starbucks a clear picture of the conditions and strategic presentation of which the company is engaged proactively in the CSR. Starbucks had invariably been learning from their day to day operations and has gained insights from companies that are heavily engaged in CSR....   [tags: Sustainability, Corporate social responsibility]

Powerful Essays
1000 words (2.9 pages)

Corporate Social Responsibility : Ikea Essay

- Corporate Social Responsibility is the responsibility that goes beyond economic and legal obligations. It focuses on acting ethically and contributing in a positive way to society. IKEA is an international company that has the capability to play a large role in different societies around the world.  The company uses their CSR Report to effectively show whom they are, what they’ve done and what they plan to do in order to remain a successful brand and have a positive impact on the communities around them....   [tags: Corporate social responsibility]

Powerful Essays
1000 words (2.9 pages)