Corporate Social Responsibility to the Public

Paper Summary:

This paper discusses the term "corporate social responsibility" and explains that it refers to the social responsibility that a company must honor towards the public. The paper contends that companies are required to be involved in human rights issues, community development, and environmental protection among other issues, in order to fulfill their social responsibility. The paper provides examples of major multinational corporations that are socially responsible.

From the Paper:

"The commitment and social responsibility, according to Hewlett Packard, starts initially within the company, and it is towards its own employees that the company shows its commitment and responsibility. Suppliers and partners are next in line, and all these people are legally bound to follow the rules and regulations and policies laid down by the corporation regarding labor standards, safety measures, health regulations, and, most important of all, environmental protection. They emphasize the fact that all suppliers to the company are expected by the company to follow the said rules and regulations of socially responsible behavior. The company would adapt continuous improvement and corrective measures as and when the need would arise."

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