Corporate Social Responsibility
Project implemented by Azim Premji Foundation
Bengaluru, India , January 2011
Project financed by WIPRO
In the global economic village, corporations are the biggest economic players. Many international corporations now have a greater turnover than the Gross Domestic Product of most countries. (see STWR key facts).
Corporations compete in global markets but they have started realising that antagonism alone leads to a zero-sum game where finally all stand to lose.
Corporate Social Responsibility (CSR) is the policy adopted by some corporations to take on responsibility for the environmental impact of business decisions and promote human development.
The Indian civilization traditionally upheld public welfare as the responsibility of the business caste. In modern India, economic growth is not being accompanied by social progress. And a vast segment of the Indian population is still victim to food insecurity and does not have access to basic health services and primacy education. Now, Indian corporations are increasingly called upon to re-balance development and promote fairer relationship amongst different communities.
The most vibrant and visionary companies have responded positively to this call and are now driving the change in taking up social responsibility.
The Azim Premji Foundation is the corporate social responsibility arm of the WIPRO group of high-tech companies in India.
We went to visit a school near Bangalore, the dynamic city where WIPRO has its head office, to see how the Azim Premji Foundation works for the education of the underprivileged.
Video clips
Other Testimonials about Corporate Social Responsability
See also
On Wikipedia :
- European policy on Corporate Social Responsibility
- A renewed EU strategy 2011-14 for Corporate Social Responsibility
⇒ The 10 principles of the UN Global Compact
⇒ The UN Guiding Principles on Business and Human Rights
⇒ The ILO Tri-partite Declaration of Principles on Multinational Enterprises and Social Policy
⇒ The ISO 26000 Guidance Standard on Social Responsibility