/Type /Annot /A << /Font << 9 0 obj Canada will promote the following international guidance to Canadian extractive companies operating abroad, including two fundamental documents introduced since 2009: Canadas promotional activities are not limited to the guidelines and standards described above. >> Accepted Version (PDF /MediaBox [ 0 0 535 835.65000 ] The Governments goal in strengthening the CSR Strategy is to enhance the ability of Canadian extractive sector companies to manage social and environmental risks in a manner that aligns with international CSR guidelines and best practices and also brings lasting benefits for those affected by their projects. /Annots [ << /Rect [ 17.01000 21.01000 191.50000 13.01000 ] S /Annots [ << /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /Border [ 0 0 0 ] /Annots [ << >> The 2013 consultations on the Governments Extractive Sector Strategy also fed into the CSR Strategy review, as many submissions related to the CSR Strategy. >> ] While its primary audience is intended to be Canadian extractive sector companies, the Strategy is also meant to provide a more general audience with an overview of Canadas approach to promoting and advancing CSR abroad. /Type /Annot This will include marshalling the expertise of the CSR Counsellor. BT /Type /Annot /MediaBox [ 0 0 535 835.65000 ] /Annots [ << /pdfrw_0 Do /Subtype /Link Others will continue to subscribe to more traditional notions of profit and success. /Parent 1 0 R 6 0 obj /Font << /A << /XObject << /Border [ 0 0 0 ] >> 0.99000 w The Government will continue to support other international CSR efforts and initiatives that prove helpful to extractive firms in improving their performance, and that align with Canadas foreign policy objectives. /pdfrw_0 31 0 R /I1 53 0 R /F1 55 0 R Welcome to Possible, MindTree serves various industries like Banking, Capital Markets, Founded in 1999 the company employs roughly 16,500 IT professionals with annual revenue, of $780million. /A << BT Enter the email address you signed up with and we'll email you a reset link. The range of issues connected to responsible corporate behaviour is broad. >> /A << Results will be achieved through continued work with the Office of the CSR Counsellor, the Centre for Excellence in CSR and Canadas network of missions around the world. /Border [ 0 0 0 ] Find out more. /Subtype /Link Stakeholders expect some more from businesses organization than merely pursuing growth and profitability. BT >> >> >> /Subtype /Link /S /URI /Type /Annot /Rect [ 17.01000 21.01000 191.50000 13.01000 ] 0.06500 0.37100 0.64200 rg As a penalty for companies that do not embody CSR best practices and refuse to participate in the CSR Counsellors Office or NCP dispute resolution processes, Government of Canada support in foreign markets will be withdrawn; Inclusion of benchmark CSR guidance released since 2009, namely the United Nations, Flexibility to build awareness of a broader range of extractive sector-specific CSR guidance, including those developed in Canada, e.g., the Mining Association of Canadas. 27 0 obj 22 0 obj /S /URI /A << Experience has demonstrated that the effectiveness and credibility of these mechanisms requires a commitment by all parties to engage in constructive dialogue aimed at a mutually satisfactory resolution of the issues involved. >> >> /Contents 157 0 R /MediaBox [ 0 0 535 835.65000 ] /Rect [ 17.01000 21.01000 191.50000 13.01000 ] Ws~6&6[OL''[Y1IOdF'LDJ-U.I%x.l#,Qz$SS_b^3ELdy3g6yy+O7y*}:}0LY3&/UFB&e-!6Iq)l|ih{}jx.4$y] "]h de(5)NzLqRyxM9| gob^FwUS;Kx_];4lEC:6{l}?rWJ%8|MUMGSe[ Many Canadian extractive sector companies, particularly those in the mining industry, understand that incorporating CSR practices into their operations contributes to their success. /Type /Page 17.01000 737.59000 64.06000 -0.39000 re >> ] 18 0 obj WebCorporate Social Responsibility Strategy, Communication, Governance This upper-level textbook offers an original and up-to-date introduction to issues in corporate social For example, several of our embassies abroad have adapted and promoted NRCans Exploration and Mining Guide for Aboriginal Communitiesto their specific local or regional contexts. >> Corporate Social Responsibility [Working Title] 2020 This chapter provides a theoretical and conceptual overview of the governance of corporate social responsibility (CSR). Many of the Governments current capacity-building efforts in the area of natural resource management are guided by Canadas existing approach on extractives and sustainable development. By establishing common expectations internationally, they help companies and stakeholders benchmark performance, levelling the playing field and facilitating continuous improvement across the extractive sector as a whole. >> Keywords: MindTree, Case study, Welcome to possible, Business strategy of IT Company. /A << /XObject << MindTree tries to foster a collegian, Do not sell or share my personal information. /Subtype /Link /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] a`e`P{ @V ls600 wNuBP) b`EX,O8 Eu`c[]}vALaa`|Av1?>#3@ # <00430061006d00620072006900640067006500200055006e00690076006500720073006900740079002000500072006500730073> Tj Experience has shown that, particularly for extractive sector companies operating in challenging environments, those that go above and beyond basic legal requirements to adapt their planning and operations along CSR lines are better positioned to succeed in the long term, and to contribute to a more stable and prosperous environment for all affected parties. While participation remains voluntary, a decision by either party not to participate in the CSR Counsellor Offices or NCPs or review process will be made public. /Type /Annot /Border [ 0 0 0 ] /MediaBox [ 0 0 535 835.65000 ] >> /Font << /Border [ 0 0 0 ] >> /MediaBox [ 0 0 535 835.65000 ] /Subtype /Link Canadas Trade Commissioner Service (TCS) is an important resource for Canadian extractive companies operating abroad. This initiative aims to strengthen governance by improving transparency and accountability in the extractives sector. /I1 53 0 R 0000002841 00000 n >> /Parent 1 0 R Canada has two dialogue facilitation mechanisms for helping communities and Canadian extractive sector companies resolve differences. /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] endstream /pdfrw_0 167 0 R /BBox [ 0 0 535.75000 697.32000 ] First, it offers advice and guidance for all stakeholders on implementing CSR performance guidelines. >> /Resources << /Parent 1 0 R /pdfrw_0 153 0 R These are the Office of the Extractive Sector CSR Counsellor, and the Canadian National Contact Point for the OECD Guidelines for MNEs (NCP). <00a900200069006e00200074006800690073002000770065006200200073006500720076006900630065002000430061006d00620072006900640067006500200055006e00690076006500720073006900740079002000500072006500730073> Tj WebThis upper-level textbook offers an original and up-to-date introduction to issues in corporate social responsibility (CSR) from a global perspective. Under the enhanced Strategy, trade commissioners will bolster their capacity to identify local procurement opportunities and help Canadian companies work with communities to take advantage of them. When searching for the term corporate social responsibility, the popular search engine JSTOR generated nearly 100,000 citations. /S /URI /Rect [ 17.01000 744.69000 81.07000 736.69000 ] y6.HahaF1ec u /S /URI /S /URI Canada has a multifaceted approach to help Canadian extractive companies mitigate social and environmental risks and improve their CSR performance, as well as their contribution to host country benefits. 2 J /Subtype /Link With this in mind, Canada remains committed to working with international partners and a variety of organisations, including the Centre for Excellence in CSR, industry associations, educational institutions, civil society groups, and sector-relevant initiatives, to promote information-sharing on best practices and the development and dissemination of practical, innovative guidance to improve CSR performance. /Type /Page /S /URI /S /URI /Border [ 0 0 0 ] >> The enhanced Strategy, announced on November 14, 2014, clearly demonstrates the Government of Canadas expectation that Canadian companies will promote Canadian values and operate abroad with the highest ethical standards. /Type /Annot >> >> As the costs to business, including impacts on share price, of poor corporate behaviour become better known, the higher the demand will be from a broad spectrum of investors for credible reporting of CSR-related efforts, and the stronger the incentive for companies to improve their CSR performance. The second part of the CSR Counsellors Office mandate is to review the CSR practices of Canadian extractive sector companies operating outside Canada. The mandate of the Office will continue to relate exclusively to the activities of Canadian extractive sector companies operating abroad. >> BT They have also been developed with a view to ensuring a level playing field for companies operating domestically and abroad, helping reinforce the integrity of Canadian extractive companies by making the extent of their local contributions more visible, and helping to ensure that citizens in resource-rich countries around the world are better informed and benefit from the natural resources in their country. /S /URI /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /Font 35 0 R /S /URI /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /MediaBox [ 0 0 535 835.65000 ] /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /Annots [ << /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] /Type /Annot >> << endstream >> Going forward, stronger support will be provided for CSR initiatives at Canadas missions abroad, aimed at ensuring a consistently high level of CSR-related service globally. /Rect [ 17.01000 744.69000 81.07000 736.69000 ] as Banking, Capital Markets, Customer Devices and Electronics, Customer Filled Goods. Websocial responsibility into business strategy emphasizes responsible employment practices and HRs strategic role in communicating, protecting and maintaining business values. /Subtype /Link /Font << /URI (www\056cambridge\056org) These 1500 companies had an interest in some 8000 properties in over 100 countries around the world. /Type /Annot >> >> << endobj /I1 53 0 R /S /URI Canada is strengthening its commitment to enhance the ability of Canadian extractive sector companies to integrate CSR into their practices through a renewed Strategy, building on experience gained since 2009. /Subtype /Link >> /XObject << /pdfrw_0 200 0 R /URI (www\056cambridge\056org\0579781107114876) /URI (www\056cambridge\056org) /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] Written by an international team of experts, it guides students through key themes in /XObject << /Rect [ 17.01000 744.69000 81.07000 736.69000 ] /URI (www\056cambridge\056org\0579781107114876) hbbd```b``"A$f = %L:If0yL &MQ lXDc5L]U)s H2 Le`g-F:0 o_ /Type /Annot As companies continue to expand and seek more opportunities in remote areas, including those with weak governance, the social and environmental challenges they face become more complex, and the need to act responsibly more important. Canada recognizes that action by industry may not bring about sustainable positive change in the absence of broader, coordinated efforts at the national and regional levels. 0000001080 00000 n The CSR actions cannot be measured by any single best approach (Wolfe and Aupperle, 1991). /URI (www\056cambridge\056org\0579781107114876) /Type /Annot endobj >> /URI (www\056cambridge\056org) There are dozens and dozens of books focusing on the many different aspects of CSR and/or its impact, such as The Rise and Fall of Corporate Social >> << >> /Type /Page /Resources << The Canadian Trade Commissioner Service (TCS) provides on-the-ground intelligence and practical advice on foreign markets to help companies make better, timely, and cost-effective decisions. 1. >> /Border [ 0 0 0 ] /URI (www\056cambridge\056org) /A << Through its Executive Committee, the CfE has provided an important venue for regular dialogue among key actors in the extractive sector, and has helped to identify extractive sector needs, understand diverse stakeholder views, and forge a common way forward on guidance for responsible resource and community development. Both these mechanisms are designed to facilitate dialogue between companies and communities, and Canada will further align their dialogue facilitation functions. /Parent 1 0 R /S /URI /Annots [ << Host governments are responsible for legislation and programs to meet the needs of their citizens. 26 0 obj /Annots [ << /F1 55 0 R >> 13 0 obj /Type /Annot >> /XObject << >> /XObject << /I1 53 0 R /A << /Parent 1 0 R /I1 53 0 R It considers well-being of workers, the importance of the /Subtype /Link /Type /Annot >> ] /A << Written by an international team of experts, it guides students through key themes in CSR including strategy, communication, regulation and governance. /Font << >> Canada understands that dialogue facilitation and non-judicial dispute resolution mechanisms, which bring parties together to find mutually-beneficial solutions, are crucial to the long-term success of extractive projects abroad and the sustainability of benefits to host communities. May theydo so /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] Canadas efforts to share practical CSR information and help foster partnerships and effective, respectful engagement can be viewed as proactive prevention. As more Canadian companies integrate CSR into their operations, a wealth of experience and knowledge grows on what works and what does not. /A << /URI (www\056cambridge\056org) /Rect [ 17.01000 21.01000 191.50000 13.01000 ] /Contents 109 0 R 0000001782 00000 n By doing so, companies can manage risks more efficiently and effectively; foster good relations with investment partners, employees, and surrounding communities; increase access to capital; and improve their reputation. /S /URI endobj >> In 2013, Canadian-headquartered mining and exploration companies accounted for nearly 31% of global exploration expenditures. Recognizing that the greatest mutual benefits arise from the constructive engagement of all relevant stakeholders, the Government is stepping up efforts to support engagement between companies and communities, including at the exploration stage. >> /XObject << >> It has acquired a number of companies off late 2010 in, modern technology, for example, Magnet360 in the field of Sales force consulting and it also, acquired Bluefin and Relational Solution in 2015 with the revenue of Rs 4689.6 Crores and the profit, of Rs 603.3 Crores in the business. Over. %PDF-1.3 /Font << /Border [ 0 0 0 ] ET /F1 55 0 R Helping companies and communities rebuild relationships where trust has been lost or never truly established is important secure the benefits of extractive sector investment in the host country. /pdfrw_0 105 0 R Trade Commissioners will play a proactive role in this regard as an integral part of their service to Canadian companies. /Type /Annot /I1 53 0 R >> /I1 53 0 R The purpose of the study is to investigate the internal drivers and external determinants of corporate social responsibility (CSR) strategies practiced by multinational enterprises (MNEs) using institutional theory and the resource-based view. Many investors are already taking CSR considerations into account in their investment choices. WebCorporate Social Responsibility and Sustainable Business What Are the Four Basic Approaches to Social Responsibility?Obstructive. A company that takes an obstructive stance toward social responsibility attempts to defend its economic priorities by blocking any attempts to point out the company's lack of social Defensive. In most cases, companies that take a defensive stance towards social responsibility are not particularly responsible.Accommodating. Proactive. /Border [ 0 0 0 ] /F1 55 0 R /XObject << >> >> 7)Z[ c=&AkS /Border [ 0 0 0 ] /Type /Page << f Finally, based on SWOC. This includes training on how to help companies build networks and partnerships with local communities, encourage dialogue between Canadian companies and local stakeholders, and use their on the ground experience to help maximize the effectiveness of CSR efforts. /URI (www\056cambridge\056org) /Parent 1 0 R >> /XObject << Including a full stakeholder mapping, an established community engagement strategy, and a community development plan can make a project more attractive to investors. >> /Subtype /Link /A << /URI (www\056cambridge\056org\0579781107114876) /Parent 1 0 R /pdfrw_0 195 0 R CSR suggests that corporations embrace responsibilities toward a broader group of stakeholders (customers, employees and the community at large) in addition to their customary financial obligations to /A << It is a way of doing business that not only contributes to success abroad but also reflects Canadian values and reinforces Canadian leadership in responsible business practices. /I1 53 0 R >> /F1 55 0 R /Parent 1 0 R /S /URI These activities are described below, to provide an overview of Canadas efforts that contribute to enhanced CSR performance by companies which results in broadly enjoyed benefits. The pressure on managers to address the social needs of their stakeholders using the limited resources of the organization is now undeniably strong. >> >> MindTree is one of the fastest growing Information Technology companies in India. /Border [ 0 0 0 ] /Border [ 0 0 0 ] /A << /Border [ 0 0 0 ] /pdfrw_0 70 0 R Description: This book takes an interdisciplinary approach to corporate social responsibility (CSR), examining economic sciences and managements to show the complexity of the contemporary perception and development of CSR in Poland. Based on recommendations from business stakeholders, civil society and the OECD Working Group on Bribery, the government introduced amendments to the CFPOA which received Royal Assent on June 19, 2013. >> /A << While theapproach is distinct from the CSR Strategy, the two are well aligned. /URI (www\056cambridge\056org) Independent Software Merchants, Manufacturing, Insurance, Media and Entertainment, Retail, Semiconductors, and Travel and Hospitality industry. AN ASSESSMENT OF THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON THE STRATEGIC INTENT AT STANDARD CHARTERED BANK KENYA LIMITED, Corporate Social Responsability as a Factor of Competitiveness in Croatian Companies, Developing a Social Responsibility Strategy, Corporate Social Responsibility: A Review on Definitions, Core Characteristics and Theoretical Perspectives, CORPORATE SOCIAL RESPONSIBILITY PRACTICES IN INDIA: DIMENSIONS AND CHALLENGES WITH SPECIAL REFERENCE TO TELANGANA STATE, THE STAKEHOLDER APPROACH IN CORPORATE SOCIAL RESPONSIBILITY. Prism, 6(1), pp. /A << << /MediaBox [ 0 0 535 835.65000 ] >> /S /URI Q /ProcSet [ /Text /PDF /ImageI /ImageC /ImageB ] >> %%EOF >> Housed within the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), the CfE was envisaged as a focal point for the development and dissemination of practical tools and information to a broad range of extractive sector stakeholders. /S /URI Download Intellectual Capital as a Precursor to Sustainable Corporate Social Responsibility Book in PDF, Epub and Kindle In an increasingly changing and complex environment, sustainable development, corporate social responsibility, effective knowledge management, and intellectual assets represent the basis of todays Csr into their operations, a wealth of experience and knowledge grows on what and... The expertise of the CSR strategy, the popular search engine JSTOR generated nearly citations! Responsibility into Business strategy emphasizes responsible employment practices and HRs strategic role this... 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