ASSOCHAM Southern region organised CSR and Sustainability Awards
Chennai:
ASSOCHAM Southern Region organised the
3rd Edition of Corporate Social Responsibility (CSR) & Sustainability
Conference & Award Ceremony to recognize companies, Institutions and NGOs
who have contributed through their Innovative & Sustainable CSR initiatives
in multiple Sectors. Corporate Social Responsibility (CSR) is a self-regulating
business model that helps a company to be socially accountable—to itself, its
stakeholders, and the public. By practicing corporate social responsibility,
companies can be conscious of the kind of impact they are having on all aspects
of society, including economic, social, and environmental.
CSR is a way of
conducting business, by which corporate entities visibly contribute to social
good of the society as whole. Socially responsible companies use CSR to
integrate economic, environmental, and social objectives with the company’s
operations and growth. Sustainability is awareness that each entity is
surrounded by various stakeholders and Building and cultivating good relations
with stakeholders based on engagement and dialogue is crucial, because it not
only affects the possibilities to manage risks, but also supports development
and gives the organization a competitive edge.
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