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Summary of Presentation
1. History of Corporate Social Responsibility (CSR) 2. Current Status- Oil and Gas Companies 3. Praise and Criticism 4. Pros/Cons-the Debate 5. Conclusion and Recommendations

1. History of CSR
A. Concept
a. corporate social responsibility- 1970s b. The inclusion of public interest into corporate decision-making

B. The Triple Bottom Line


a. People, planet, profit OR b. Economic progress, environmental progress, social progress

Role of BDO in CSR


The work of BDO is actually CSR type.
works are:A. Distributing Relief materials among victims of natural calamity and destitute.

B. Disbursing Pension and to poor old people, widows, handicapped persons.


C. Distribution of Agril. Inputes and animal kids to farmers and poor women. D. Prepration of BPL list.

Role of BDO in CSR


E. Arrange several consciousness camp regarding various government project. F. Arrange several training camp for poor unemployed youth, farmers, SHG women and others.

G. Arrange several cultural programme and competition for local student, youth and others.
H. Arrange festivals for local people. I. Conduct census, Election and other national programme.

NTPC and CSR


NTPC is providing electric power to the society. It enlightens our society with luminous light but people also pay for that. As an organization NTPC is doing a lot of CSR works for neighbouring area like:-

1. Distributing Blankets, tarpaulins, garments, dry foods to poor and victims.

NTPC and CSR


2. Arrange training for poor youths and SHG women.
3. Arrange medical camp for neighbouring area. 4. Arrange blood donation camp. 5. Arrange distribution camp of relief materials to disaster affected people. 6. Arrange training for local student for joint entrance.

NTPC & CSR


7. Arrange TLM and benches for local poor schools. 8. Encouraging local meritorious student by giving prize. 9. Set up High mass light. 10. Community latrine and sanitation arrangement at School & Public places.

11.Construction of all weather road at local area.


12. Safe drinking water for poor villagers. 13. Fixing Street light.

NTPC & CSR


The list is endless.

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NTPC & CSR

A. Shell
d. Other

Concerns

i. Largest freshwater oil spill in 1999

ii. Environmental record Disposal of the Brent Spar platform Reserved due to public pressure and commitment to sustainable development

A. Shell
e.

Current
i. Desire to be viewed as socially responsible

ii. TV advertisements iii. Website initiatives Energy efficiency, fuel economy, technology, energy security, working with others, tackling putting its money where its mouth is

A. Shell
f. Searching

for a Consensus

i. Bittersweet history in Peru and Nigeria

ii. Window dressing vs. evidence of improvement


iii. Work in progress

B. Chevron
a. Background
i. 1879 in California ii. American multinational iii. Approximately 67,000 employees worldwide

B. Chevron
b. Corporate

Responsibility Management

i. Public policy committee of the Board of Directors

ii. Global Issues Committee iii. Vice President- policy, government and public affairs iv. Vice President- health, environment and safety v. Other managerial positions for specific areas

B. Chevron
c. What

they do

i. Reaching out to save lives ii. Learning about future energy iii. Introducing youth to science iv. Using energy efficiency v. Backs up feel good statements

C. BP
a. Background
i. England ii. Third largest energy company worldwide iii. Fourth largest company

C. BP
b. Re-branding (beyond petroleum) i. Energy Challenge
Deepwater exploration New technologies More from mature fields

C. BP
ii. Climate change and environment challenges

Performance monitoring and developing efficient fuels and lubricants Promote natural gas Focus on remediation Tree planting in IL Advanced Seismic Imagery Technology

C. BP
Extended Horizontal Drilling New cleaning procedure for crude oil tank Water recycling plant New ways of making PTA Inclusion of cost of carbon in investment appraisals

C. BP
iii. Alternative energy
Invest in low-carbon businesses Invest in renewables and carbon capture and storages

iv. Safety issues


Operating Management System (OMS)

D. ExxonMobil
a. Background
i. ii. American multinational One of the largest publicly traded companies in the world iii. Worlds largest global refiner

D. ExxonMobil
b. Current-

Taking on the worlds toughest energy challenges


i. Environmental performance 2008 goals 2009 achievements

D. ExxonMobil
ii. Climate change

2008 goals 2009 achievements 2009 goals

D. ExxonMobil
iii. Human rights and security

2008 goals 2009 achievements

D. ExxonMobil
c. Searching

for a Consensus

i. Young company

ii. Performance overview

3. Praise and Criticism


A. Companies
a. Mixed reviews b. Difficulty in distinguish true motives c. Starting point

3. Praise and Criticism


B. The

2010 CSRI Index

i. Boston Colleges Carroll School of Management and the Reputation Institute

ii. Corporations strong interest in stakeholder opinion iii. Combined average 1. citizenship, governance and workplace

3. Praise and Criticism


C. Top

50 most socially responsible companies


i. No oil and gas companies

ii. The energy industry ranked the last in the perception of U.S. industries

4. Pros/Cons-The Debate
Q: Is it in the nature of business to engage in CSR? C: No. CSRs increase costs-> less efficient P: Yes. Social aspects of corporations C: Posner-> goal towards profits P: Power of corporations

4. The Debate
Q: Whose job is it to address environmental issues? P: corporations are in a unique position to impact our environment C: The government can enact changes to remedy environmental issues P: inefficient and ineffective governments C: spread the financial burden

4. The Debate
Q: Are CSR initiatives necessarily costly? C: Yes. New expenditure. Corporations should only look to stakeholder interest. P: No. Customer loyalty, human resources objectives, risk management, brand differentiation, and the ability to attract investors

4. The Debate
Q: Closing words C: Give money back to shareholders. They can decide how to invest P: Win-Win projects

5. Conclusion and Recommendations


A. Conclusion
a. Companies are trying b. Hard to measure c. Need of improvement

B. Recommendation
a. Keep it up!

The End

Thank you!

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