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Corporate Social Responsibility: Definition and Examples Essay Example

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Corporate Social Responsibility: Definition and Examples

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Corporate Social Responsibility: Definition and Examples. Thirdly, the incorporation of community expansion and self-help projects in Corporate Social Responsibility approach in the Niger Delta did not take place up to the mid-1990s. The confirmation implies that early efforts at community help projects and infrastructure enhancement were reactive. The oil companies incorporated Corporate Social Responsibility into Corporate tactic only when aggression against the companies builds up.
Fourth, there was short of harmonized strategic approach to the execution of CSR formed uneven outcome that had a small effect on the people of the Niger Delta. The millions of dollars used for scholarships, schools, and agricultural extension projects have had no effect on alleviating poverty or the socio-economic advancement of the region.

The lack of a wide-ranging emergency response plans to tackle oil spills in the area demonstrate this point. The oil companies’ reaction to such environmental tragedy hardly ever extends away from the villages in the surrounding area to communities downstream where farmlands and rivers have been uniformly ruined. The slight effort has been made by the oil to expand Corporate Social Responsibility projects to the poorest and most ecologically overwhelmed communities in the region.
Corporate Social Responsibility practice in the oil industry has progressed, and for the most part, has incorporated into a corporate strategy. The modification in an approach is evident in SPDC’s move in Corporate Social Responsibility policy from community advancement to sustainable community development. SCD was implemented as a new plan to better the company-community relationships in the Niger Delta. SPDC’s new project highlights tactical collaboration with the government, international development agencies, and the communities. To express their obligation to SCD, SPDC in partnership with NNPC allocated vast sums of money every year to construct roads, water, healthcare, education and among other programs. Chevron-Texaco, Exxon-Mobil with other oil companies have welcomed the use of a worldwide memorandum of understanding (GMOs) to offer development projects in return for a peaceful and secure operating environment. Corporate Social Responsibility: Definition and Examples.

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References

David Ogula, “Corporate Social Responsibility: Case Study of Community Expectations and the Administrative Systems, Niger Delta” http://www.nova.edu/ssss/QR/QR17/ogula.pdf

Okpara, J. O., & Idowu, S. O. 2013. Corporate Social Responsibility Challenges, Opportunities and Strategies for 21st Century Leaders. Corporate Social Responsibility. Berlin, Heidelberg, Imprint: Springer.

Damato, A., Henderson, S., & Florence, S. 2009. Corporate Social Responsibility and Sustainable Business A Guide to Their Leadership Tasks and Functions. Greensboro, CCL Press [Imprint]. http://search.ebscohost.com/direct.asp?db=bth&jid=8WT6&scope=site.

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