Corporate Social Responsibility - 1072 Words

DBS Nataliya Salnikava 1777627 LIDL and Corporate Social Responsibility Introduction In this essay the author will try to give an understanding of what is the Corporate Social Responsibility, why it is so important nowadays and we will analyse role of Lidl in this area in different dimensions. So what is the Corporate Social Responsibility?The World Business Council for Sustainable Development in its publication â€Å"Making Good Business Sense† by Lord Holme and Richard Watts, used the following definition Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as†¦show more content†¦Its not a secret that the fish population is in dramatic decline for the last 10 years. So as an international company Lidl really cares about following the international policies regarding ethic method of fishing, illigal fisheries, dolphin-friendly tuna. It also ensure that all the fish they offer to the customer, is caught under socially acceptable conditions. LIDl and Charity Foundation This would be the most prominent and significant achievement for Lidl in Corporate Social responsibility – partnering with Irish Heart Foundation. In order to provide funds to IHF, Lidl does a lot of in-store promotions, SMS completions, it involves their staff to participate in variety of raising funds for charity events. All of these runs very successfully for LIDL and IHF. In addition Lidl provide on their web-site all the relevant information how to stay healthy and fit in order to avoid heart related deceases. So all said above proves that Lidl truly â€Å"has a big heart†. Lidl and education From 2006 Lidl with Dublin Business School conjunction runs a program called â€Å"Earn while you learn†. The successful participants of this program getting a great opportunity to study in the private college in the heart of Dublin, they get paid an attractive salary, and have anShow MoreRelatedCorporate Social Responsibility : Corporate Responsibility773 Words   |  4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction. 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This obligationRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words   |  12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibility : Corporate Responsibility2818 Words   |  12 PagesFor the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thou ght of social obligation. Associations that are near to social obligation issues got to be worryRead MoreCorporate Responsibility And Corporate Social Responsibility Essay1867 Words   |  8 PagesStevan Jakovljevic Professor Laud MGT 3550 Values, Ethics and Sustainability 10/18/16 Chapter 3: Define corporate responsibility (CSR). Describe the benefits. Why do some executives support CSR while others find it troublesome and argue against it? Corporate social responsibility is what a company uses to self-regulate itself and refers to business practices involving initiatives that benefit society. A business’s CSR can encompass a wide variety of tactics, from giving away a portion of a company’s