Corporate Social Responsibility in the Chemical Industry

Corporate Social Responsibility in the Chemical Industry PDF Author: Barbara Burchi
Publisher: Nova Science Publishers
ISBN: 9781631177088
Category : Chemical industry
Languages : en
Pages : 0

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Book Description
This book addresses the topic of the business case for Corporate Social Responsibility (CSR) and its importance for business success, on one hand, and for the further diffusion of CSR practices, on the other. It discusses the business case for CSR in the chemical industry because this sector is relevant for economic development, and for its constant innovativeness. Moreover, the chemical industry has a long experience in CSR and sustainability strategies, and it offers many best practices to discuss. The book highlights how CSR practices can be correctly implemented in order to obtain positive financial corporate performance as well as to improve relationship with stakeholders. Factors influencing the effectiveness and efficiency of CSR will be described too, with particular focus on the effects of the different organizational behaviors. Why many CSR strategies fail to support business development, and the development of a positive relationship between business and society, is examined by arguing that contextual factors, corporate organization, and the different dimensions and aspects of CSR directly affect CSR performance. For instance, this book reveals that proper environmental initiatives implemented by chemical companies effectively improve economic results by allowing an efficient allocation of resources and assets. This book may have a broad target audience including students of business schools, but also professors, researchers, and business practitioners. Indeed, the book aims to support and guide entrepreneurs, managers and business advisors to design, plan, and implement successful CSR strategies. The latter may effectively improve corporate performance, financial and non financial, such as the image and reputation, which are reflected in positive economic results in the long term. In particular, the book highlights that developing CSR initiatives addressing specific stakeholder concerns improves corporate trust, and then, the long-term financial performance.

Corporate Social Responsibility in the Chemical Industry

Corporate Social Responsibility in the Chemical Industry PDF Author: Barbara Burchi
Publisher: Nova Science Publishers
ISBN: 9781631177088
Category : Chemical industry
Languages : en
Pages : 0

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Book Description
This book addresses the topic of the business case for Corporate Social Responsibility (CSR) and its importance for business success, on one hand, and for the further diffusion of CSR practices, on the other. It discusses the business case for CSR in the chemical industry because this sector is relevant for economic development, and for its constant innovativeness. Moreover, the chemical industry has a long experience in CSR and sustainability strategies, and it offers many best practices to discuss. The book highlights how CSR practices can be correctly implemented in order to obtain positive financial corporate performance as well as to improve relationship with stakeholders. Factors influencing the effectiveness and efficiency of CSR will be described too, with particular focus on the effects of the different organizational behaviors. Why many CSR strategies fail to support business development, and the development of a positive relationship between business and society, is examined by arguing that contextual factors, corporate organization, and the different dimensions and aspects of CSR directly affect CSR performance. For instance, this book reveals that proper environmental initiatives implemented by chemical companies effectively improve economic results by allowing an efficient allocation of resources and assets. This book may have a broad target audience including students of business schools, but also professors, researchers, and business practitioners. Indeed, the book aims to support and guide entrepreneurs, managers and business advisors to design, plan, and implement successful CSR strategies. The latter may effectively improve corporate performance, financial and non financial, such as the image and reputation, which are reflected in positive economic results in the long term. In particular, the book highlights that developing CSR initiatives addressing specific stakeholder concerns improves corporate trust, and then, the long-term financial performance.

Sustainability in the Chemical Industry

Sustainability in the Chemical Industry PDF Author: Eric Johnson
Publisher: Springer Science & Business Media
ISBN: 940073834X
Category : Science
Languages : en
Pages : 185

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Book Description
It’s the new rock and roll. It’s the new black. Sustainability is trendy, and not just among hipsters and pop stars. The uncool chemical sector helped pioneer it, and today, companies inside and outside the sector have embraced it. But what have they embraced? Surely not the Brundtland definition of meeting “the needs of the present without compromising the ability of future generations to meet their own needs.” Sustainability describes a change in the chemical industry’s approach to the external world: to regulators, to greens, to neighbors, to investors and to the general public. Displacing the adversarialism of the 1970s-80s, sustainability is a new approach to social/political conflict, and an attempt to rebuild the industry’s long-suffering public image. In practice, it consists of: A ‘stakeholder’ approach to communications and external relations A rebranding of regulatory compliance and risk management, with the emphasis on their benefits to stakeholders Recognition (and even celebration) of the opportunities, not just the costs, of environmental and social protection The core of this book is a survey of the world’s 29 largest chemical companies: how they put sustainability into action (six of the 29 do not), and the six ‘sustainability brands’ they have created. It begins with a history of stakeholders conflict, before looking at various definitions of sustainability – by academics, by the public and by investors. After the survey and analysis, the book covers sustainability and ‘greenwash’ plus the ROI of sustainability, and it gives five recommendations.

Corporate social responsibility at BASF

Corporate social responsibility at BASF PDF Author: Leonard Coen
Publisher: GRIN Verlag
ISBN: 3656019908
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
Project Report from the year 2011 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,0, Copenhagen Business School, course: Corporate Social Responsibility, language: English, abstract: The most recent publication by Porter and Kramer (2011) reaffirms this theory and expands it from merely environmental concerns to overall societal concerns, in addressing economic growth in the framework of the creation of shared value. Beyond the emphasis on the elimination of inefficiencies in production processes as described in Green and Competitive, Porter and Kramer assess that shared value is created by reconceiving products and markets, redefining productivity in the value chain, and building supportive industry clusters at the company’s locations. In the following section we will scrutinize the efforts undertaken by the chemical giant BASF with regard to its Corporate Social Responsibility strategy, relevant policies and initiatives implemented.

Chemicals and Corporate Social Responsibility

Chemicals and Corporate Social Responsibility PDF Author: Lorna Young
Publisher:
ISBN:
Category : Business ethics
Languages : en
Pages : 232

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Book Description
In this paper, the author develops an argument for the adoption of Corporate Social Responsibility by Canadian Chemical industry firms. The majority of Canadian firms in the chemical industry are members of the Canadian Chemical Producer's Association and a requirement of that membership is the adoption of Responsible Care. Responsible Care is a riskbased initiative that applies to all facets of the chemical business throughout product lifecycles. This paper provides a comparison of Responsible Care and Corporate Social Responsibility as well as a business case for adopting any voluntary initiatives including Responsible Care and Corporate Social Responsibility. A case study of one chemical firm that has adopted both initiatives is included. This paper concludes with observations and recommendations for firms who are contemplating the implementation of a social initiative such as Responsible Care or Corporate Social Responsibility.

Corporate Social Responsibility and Dividend Policy in Chemical Industry

Corporate Social Responsibility and Dividend Policy in Chemical Industry PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Corporate Social Responsibility at Basf

Corporate Social Responsibility at Basf PDF Author: Leonard Coen
Publisher: GRIN Verlag
ISBN: 3656020248
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
Project Report from the year 2011 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,0, Copenhagen Business School, course: Corporate Social Responsibility, language: English, abstract: The most recent publication by Porter and Kramer (2011) reaffirms this theory and expands it from merely environmental concerns to overall societal concerns, in addressing economic growth in the framework of the creation of shared value. Beyond the emphasis on the elimination of inefficiencies in production processes as described in Green and Competitive, Porter and Kramer assess that shared value is created by reconceiving products and markets, redefining productivity in the value chain, and building supportive industry clusters at the company's locations. In the following section we will scrutinize the efforts undertaken by the chemical giant BASF with regard to its Corporate Social Responsibility strategy, relevant policies and initiatives implemented.

Transforming Sustainability Strategy into Action

Transforming Sustainability Strategy into Action PDF Author: Beth Beloff
Publisher: John Wiley & Sons
ISBN: 0471755982
Category : Science
Languages : en
Pages : 541

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Book Description
"A highly informative and brilliant contribution to the growingsustainability literature." -Dr. Brian and Mary Nattrass Managing Partners of SustainabilityPartners and authors of The Natural Step for Business and Dancingwith the Tiger The goal of sustainable development, a recent focus in thecorporate world, is to "ensure a better quality of life foreveryone today and in generations to come." The challenge facingindustry leaders is how to reconcile economically competitivestrategies with environmentally sound and socially responsiblepractices. Transforming Sustainability Strategy into Action: The ChemicalIndustry presents proven practical techniques to help managers inthe chemical industry identify and assess options for improving thesustainability of their organizations, with a pragmatic emphasis onoperational aspects, decision support, and guidelines for measuringprogress. Employing a systematic approach and introducing globallyproven problem-solving and decision-making tools designed toprovoke questioning and creative thinking, the authors address someof the most challenging issues for the industrial worldtoday. The authors' combined expertise and extensive experience intranslating sustainability strategies from theory into action makethem uniquely qualified to deliver the kind of hands-on, responsivebusiness solutions that will give corporate leaders the competitiveedge in preparing for tomorrow's socially and environmentallyconscious marketplace.

The Oxford Handbook of Corporate Social Responsibility

The Oxford Handbook of Corporate Social Responsibility PDF Author: Andrew Crane
Publisher: Oxford Handbooks Online
ISBN: 0199211590
Category : Business & Economics
Languages : en
Pages : 609

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Book Description
CSR encompasses broad questions about the changing relationship between business, society, and government. An authoritative review of the academic research that has both prompted, and responded to, these issues, the text provides clear thinking and perspectives on CSR and the debates around it.

Corporate Social Responsibility in Europe

Corporate Social Responsibility in Europe PDF Author: Regine Barth
Publisher: Edward Elgar Publishing
ISBN: 184844723X
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
The acid test of corporate social responsibility (CSR) is simply this: does it lead to positive impacts on society and the environment or is it just rhetoric? And if it does lead to positive impacts, how can these be enhanced? This timely book tackles this cutting-edge challenge by presenting empirical findings from a range of surveys and in-depth case studies. These build on a new methodological and theoretical framework for assessing and explaining the sustainability impact of CSR. For selected sustainability issues mitigation of climate change and chemical risk, resource management in marine fisheries, promotion of gender equality and countering of bribery and within different European industries, the authors show that the rhetoric of CSR is still stronger than its reality. They do so by investigating into CSR practices which encompass the creation of a vision on CSR, its strategic and operative implementation and its organisational and cultural embedding within companies and their supply chains. The authors conclude that the reality of CSR is strong enough to allow for some rhetoric. They name intra- and extra-company success factors for, and limits of, producing sustainability impacts through CSR. Finally, they discuss its contribution to achieving public policy goals and the governance paradigms that are necessary to make CSR effective. The volume successfully combines a business and public policy perspective, based on an interdisciplinary approach. This book will be invaluable for both students and researchers interested in the effects of CSR, and will prove a useful tool for policy-makers and CSR practitioners alike.

Social Responsibility

Social Responsibility PDF Author: American Chemical Society Corporation Associates
Publisher:
ISBN:
Category :
Languages : en
Pages : 78

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Book Description