RC Consultants works with several companies to design their CSR strategies and help implement their CSR projects. Therefore RC seeks partnerships with NGOs on the grounds that are experienced and competent to implement such CSR projects within communities both urban and rural. The CSR projects could be various kinds, such as
• Project-based engagement in which the NGO commits to leverage its strengths to implement programs tuned to the
CSR needs of the company
• Employee engagement opportunities that open up the NGO’s operations for volunteer participation by the company’s
employees
• Payroll giving opportunities in which the company gives its employees a choice to donate a part of their salary to the cause that the NGO is working towards
• Creating pathways for in-kind donations from companies to NGOs
• One-time engagements between the company and the NGO such as blood donation drives, cleanliness drives, etc
• Funding opportunities in which the company funds projects of the NGOs
Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/ Responsible Business)is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.
CSR is changing into associate more and more vital activity to businesses across the country and internationally. As globalization accelerates and large corporations serve as global providers, these corporations have progressively recognized the benefits of providing CSR program In their various locatons.CSR activities area unit currently being undertaken throughout the world.
The key drivers for CSR are:
• Enlightened self-interest creating a synergy of ethics, a cohesive society and a sustainable global economy where
markets, labour and communities are able to function well together.
• Social investment contributing to physical infrastructure and social capital is increasingly seen as a necessary
part of doing business.
• Transparency and trust business has low rating of trust in public perception. There is nothing expectation that
companies will be more open, more accountable and be prepared to report publicly on their performance in social
and environment arenas.
• Increased public expectations of business globally companies are expected to do more than merely provide jobs and
contribute to the economy through taxes and employment