Corporate social responsibility in bangladesh

Environmental Development- To develop environment of Bangladesh it has taken tree plantation programs across the country.

Apart from all these, the Company has always tried to be at the forefront in responding to the needs of the disadvantaged people in and around its operations at the trying times. Because, being a part of the global market, it is difficult to ignore CSR standard specifically in the export sector.

Multiple employment opportunities have opened up for the locals, businesses and shops have sprouted in locations surrounding the plant, road communication has been established with distant rural areas and establishments have been setup with cement donated by the Company.

Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its adherence to law, ethical standards, and international norms. Grameenphone is also a proud partner of the Enrichment Program of Bishsho Shahitto Kendro through which free books are distributed.

Overseas workers are mostly exploited by recruiting agencies whereas these rural and mostly illiterate people have to sell all their belongings Corporate social responsibility in bangladesh paupers and borrow money at very high interest.

Get Full Essay Get access to this section to get all help you need with your essay and educational issues. It is home to a primary school, where children can receive free education up to class five; a medical centre, where people can receive free medical services and medicines; and also a training center, where both men and women are provided skill development trainings for employment and income generation.

It also aims to assist in necessary infrastructure development and extension of basic healthcare services, especially in the hard-to-reach and remote areas.

Helping Hands for Everyone

LUMPL organized several health camps where free pathological tests, dental and vision screening tests, distribution of spectacles free of costs and free cataract operations were conducted. Critics argue that CSR distracts from the fundamental economic role of businesses; others argue that it is nothing more than superficial window-dressing; others yet argue that it is an attempt to preempt the role of governments as a watchdog over powerful multinational corporations.

Exceptional students meeting the criteria are also sponsored for higher technical education outside the State of Meghalaya.

Corporate Social Responsibility (CSR) in Bangladesh

Companies can contribute to social and environmental objectives, through integrating CSR as a strategic investment into their core business strategy, management instruments and operations. The notion of companies looking beyond profits to their role in society is generally termed corporate social responsibility CSR ….

It refers to a company linking itself with ethical values, transparency, employee relations, compliance with legal requirements and overall respect for the communities in which they operate.

Recently, the RMG sector employees have embarked on a industry wide movement to establish their rights. Research found that company CSR programs influence 70 per cent of all consumer purchasing decisions, with many investors and employees also being swayed in their choice of companies.

To develop infrastructure, the Company has undertaken a wide range of activities, such as ensuring water supply, improving the source of water, construction of village footpaths, hand rails, public toilets, and provision of electricity and preparation of football grounds to enhance the development of the villages surrounding the mining site in Meghalaya, especially the villages of Nongtrai and Sheila.

Through an NGO, the company has also created market linkages for these women with key sellers in affluent towns, thus ensuring a ready and good market for their products.

The society is questioning the existence of business houses, especially in the wake of the scandals and scams conducted by the business houses like UTI, Enron, and WorldCom.

Through major initiatives such as Reinvestment Education, KidSmart, and project FIRST, the company hopes to promote knowledge and skills that will ensure that communities thrive around the globe.

Good governance and efficient law enforcing agencies can only solve these plights. Globally, as CSR practices are gradually being integrated into international business practices and hence is becoming one of the determining factors for market accesses, it is becoming equally instrumental for local acceptability.

Senior executives from companies in a range of industry sectors across Europe, North America and Australasia were interviewed for the survey. Starting from FMCGs, vegetables, fruits and all other consumable goods, adulteration, abnormal ripening at times with poisonous elements, keeping fish fresh with applying deadly formalin and all other malpractice is rampant and carefree.

Furthermore, business would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality.Corporate Social Responsibility (CSR) in Bangladesh This document describes in short how the Dutch central government helps companies stimulate corporate social responsibility (CSR) in the textile industry of Bangladesh.

Corporate Social Responsibility in Bangladesh Essay Sample. Business houses, right from the inception of human race, have been regarded as constructive partners in the communities in which they operate.

Abstract: In today's global economy, corporate social responsibility (CSR) is a core component of corporate strategy. As a result CSR emerge as a safeguard to protect financial scandals and diminish reputation of the banks.

Keywords: Corporate social responsibility, private commercial banks, state owned banks, framework, profit, disclosure Suggested Citation: Suggested Citation Saha, Anup Kumar and Dey, Sajal and Khan, Arifur, Corporate Social Responsibility in Bangladesh: A Comparative Study of Commercial Banks of Bangladesh ().

May 02,  · The Bangladesh Disaster And Corporate Social Responsibility Howard Husock Contributor i I focus on philanthropy, civil society, housing and the welfare state.

Corporate Social Responsibility

Corporate Social Responsibility LafargeHolcim Bangladesh Limited believes that business is a priority, but social welfare is a responsibility. Thus, the Company has undertaken wide ranging CSR activities around its plant at Chhatak and its quarry in Meghalaya.

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Corporate social responsibility in bangladesh
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