Posts Tagged ‘Corporate Social Responsibility’

Energy Education for Oil and Gas Industry: How Important is It?

January 1st, 2010

There has been a continuous rise in demand for oil and gas throughout the world leading to a rise in its prices. This was inevitable since petroleum is a non renewable resource and it is hard to match supplies with such a drastic increase in its demand year after year. Moreover, there are signs of negative effects on sea life as well as the overall environment through discharge of chemicals being a threat to oil corporate social responsibility. Obtained naturally from beneath the surface of the earth, crude oil or petroleum is an inflammable liquid that is collected beneath the seas in the form of oil reservoirs through years of plant and animal decomposition as well as deposition of layers of silt and mud materials. From time immemorial, crude oil has been put to several uses and today and accounts for a major portion of the world’s energy consumption. In the UK, it is the Department of Trade and Industry that regulates the activities and development of the oil and gas industry. The oil sim industry provides three quarters of the UK’s primary energy alone and globally it is responsible for more energy output than any other fuel production areas. Changing to meet the needs of the consumer and protecting the planet are both relevant considerations in industry’s recruitment drive with an increased awareness in energy education and oil simulation production alternatives and their impact becoming number one priority on most companies’ lists. Energy training and organizations like Simprentis lead a high profile trade mission on behalf of the UK Governments inward investment agency, UK Trade and Investment. The objective of the organizations mission is to promote excellence in UK oil training and educational excellence to the global petroleum industry. Such oil course foundations help provide numerous scholarships to students as they hold the key to tomorrow’s energy solutions. These programs primarily focus on design and programming of simulations for education and training, oil workshops, investigations into the training needs of corporations, teacher workshop, scholarship, student education, industry workforce development, research, and guest speaker programs. For more information visit this site http://www. simprentis. com

Corporate Social Responsibility

December 18th, 2009

Though different organisations have framed different definitions for Corporate Social Responsibility (CSR), all of them have a common ground. CSR can be defined as the systematic commitment of a business towards economic development and work towards improving the quality of life of the people working there thus impacting the lives in the society. Basically, CSR is all about business giving back to society. India has one of the world’s richest traditions of CSR, even before the multi-national companies came into picture. Decades before CSR become a popular cause, the concepts of nation-building and trusteeship have been alive in the operations of long-established industrial dynasties, such as the Birlas and the Tatas. There are other leading Indian companies such as Hero Honda, HLL (Hindustan Lever Ltd. ), ITC, and Maruti Udyog, BHEL (Bharat Heavy Electricals Ltd). , HDFC (Housing Development Finance Corporation), NTPC (National Thermal Power Corporation), and ONGC (Oil and Natural Gas Corporation) where, despite the march of privatization, social obligations form an integral part of their business. India being a fast growing economy is booming with national and multinational firms opening up new opportunities. At the same time, India also faces social challenges like poverty, population growth, corruption and illiteracy just to name a few. Therefore, in order to create and facilitate an environment of equitable partnership between the civil society and business, it is all the more important for the Indian companies to see CSR in the right perspective. IBSCDC has developed several case studies related to Corporate Social Responsibility which can provide an insight into the concept. CSR taken up by various companies primarily focuses on poverty alleviation, environmental protection and sustained development. Satyam Foundation of Satyam Computer Services Ltd. , Infosys Foundation of Infosys Technologies Ltd. , and GE Foundation of the General Electric Company are exemplary instances of the philanthropic commitment of the corporate sector in India. Irrespective of the profits they make, these foundations are aiming at uplifting of the poor and enhancing the standard of life in the rural sector. For example, the Emergency Management and Research Institute’s (EMRI) emergency ambulance service, called 108 launched by Satyam provides emergency services for people caught in life threatening situations due to accidents or natural calamities in cities as well as rural areas. This initiative has received huge applause from people of the states in India wherever this service has been started. ICFAI has also taken up an initiative of funding an NGO – Alpha foundation to run ICFAI Republic School. Nearly,98% of the funds for the school is provided by ICFAI. Companies are taking initiatives for developing infrastructure in rural areas, e. g. , TATA Motors provides desks, benches, chairs, tables cupboards, electrical fittings and educational and sports material to various primary schools in Singur (West Bengal). While some companies limit their CSR activities to India, other companies operate on a global level. Deloitte allocates one working day termed as ‘Impact Day’, across all its offices in the world to carry out social work. These initiatives include – creating awareness against cyber crime, teaching people about traffic rules; and safety measures, planting trees, working with NGOs to provide education to street children, spending quality time with the elderly in old age homes and children in orphanages and make an impact on the lives of millions of people across the world. The practice of CSR is subject to much debate and criticism. A common notion is that out of the very few companies who contribute to the social development, the basic intention is not to ensure the good of the nation, but rather a business policy to evade the tax net. How far is it true? While developed countries like England have separate ministries to look after the issue of corporate social responsibility, in India, most of the corporate firms do not have a clear policy on social responsibility. Nowadays, every corporate firm is practicing CSR. In fact, the credibility of companies is determined in a large part by their consciousness of social responsibility. Therefore, the question that arises is whether CSR has become a business strategy to help establish the credibility of the company or is it a responsibility undertaken genuinely? The answer to which can be best provided by the people who are and would be benefited by these activities. There are many case studies on this topic available in www. ibscdc. org that are a must read. Few of them are – Who Says there is No Money in CSR? Tesco’s Corporate Social Responsibility Initiatives Corporate Social Responsibility – Are the Corporates Alone Responsible? Colas in India – The Pesticide Residue Controversy, etc.

How to Organize Courses on Social Bioethics – an Artur Victoria Proposal

December 15th, 2009

By way of introduction, for an organization to come to grips with the task of strategically implementing reform in integrity and ethics, its people need to be knowledgeable about a whole range of issues to enable them to clearly understand the motivations, requirements, their various roles in implementation and how to work together for the larger purpose. So the topics identified as important to date, in roughly the right order I think, are as follows: 1. 2. Introduction to Organizational Ethics and Integrity 3. Organizational Analysis 4. Awareness Raising, Education & Training 5. Codes of Ethics (Conduct, Practice, Behaviour) 6. Ethical Decision Making 7. Mechanisms for Ethics Advice and Support. 8. Risk Assessment Strategies 9. Information, Data Collection & Records 10. Professional Ethics: II. Leading with Integrity 12. Corporate Social Responsibility: 13. Future Perspectives Assumptions: An organization has had little or no prior exposure to institutionalizing ethics and integrity into its culture or operations. Obviously, in most cases that many would have some limited exposure, while possibly not having any actual systems in place, and might therefore at least be aware of some of the issues. If so, it might be reasonable to expect that these issues are possibly already being dealt with in some ways by a set of entrenched values (”good” or “bad”, written or unwritten) within their organizations. Approach: This particular segment of any course(s) that is developed would be of assistance in any organization. This would be by way of enabling and empowering its people to appreciate the complexities and the wide range of possible sub-strategies involved in implementing an integrity regime (ethics strategy. It includes the main things that I can think ofthat would be part ofthe process and assumes that nothing at all has been done previously. In practice one hopes that there may be a somewhat better basis than that, in some places anyway. Topics and Content A proposed logical order of progression, which could be dealt with at different levels of complexity and details, depending upon the need and the audience. For example, if one had only a few hours available on this in a course, a broad-brush look at important issues in strategic implementation would be feasible, although probably not terribly useful to my mind, by covering all of the topics in an overview presentation/workshop. More likely the approach would be to break these topics down, to the extent possible given time constraints with any training course etc. also allows the various “modules” to be flexible, such that users could choose to select all of the topics or could cherry-pick only those which they specifically needed at any point in time. Users may then come back for more later. The content under each topic has the better web-based information sources. That includes: Organizational Ethics, Corporate Governance and Business Ethics, Leadership and Team/Self Development and to a lesser extent Public Sector Management and various courses in Human Resource Management. Readings & References At this point I have only given a broad general reference list. This is because many, if not most, of the good books now available cover a number of the topics. Neither list supports to be complete, but they do cover many good general sources. At the later stage of final design and delivery, specific chapters and or journal articles and/or professional articles would be recommended on sub-topics, depending upon the specific needs and/or interests of the course participants. This might perhaps be in the form of a prepared book of readings appropriate for the specific audience. In places I have shown sources of some ideas, but most are not from single sources but an amalgam of content from wide ranging sources. Introduction to Organizational Bioethics and Integrity This would present a broad introduction to the challenges and the need to build a proper implementation strategy. It would present the meaning and focus of Organisational Ethics and Integrity in respect of the organisations themselves, the individuals who work in them and the societies in which they operate. Some mention of theories would be included, such as the philosophical and moral foundations of ethics and integrity, values, organisational corporate responsibility, personal morality etc. , to provide a foundation of knowledge. However, this would be kept to the minimum possible, consistent with providing an effective enough grounding upon which to build. The emphasis on Strategic Implementation would always be based upon a “best practice approach” – what actually works in practice. Likely content would include: Broad terminology and concepts: How people focus on morally challenging dilemmas and make ethical decisions about their Actions Ethical theories: Consequentialist (teleology, egoism, utilitarianism etc. ), ethical relativism, virtue ethics, moral development (Kohlberg et al). Values and ethics Ethical decision-making: EDM models, normative judgements, distributive justice, excusing conditions, mitigating circumstances etc. Essential Issues in Organizational Bioethics ? Establishing the fundamental values of the organisation ? Defining broad principles which emanate from these values ? Developing standards which will guide employees in upholding these values and principles ? Establishing specific guidelines for employee behaviour ? Ensuring compliance: through rewards and sanctions Reasons for the increasing global interest in Organisational Ethics ? Increased concern over corporate violations and scepticism about corporate rhetoric ? Growing public demand for corporate accountability ? Strengthened roles of various watchdog organisations ? Numerous Public Enquiries, Royal Commissions, Senate Enquiries etc. . . . . . ? Leadership under fire in most sectors ? Global competition “win at all costs” mentality ? Diminishing organizational loyalty ? Increasingly complex decisions ? Competing demands from multiple stakeholders ? More sophisticated workforce ? Movement to “empower” employees ? Emphasis on: excellence, quality, continuous improvement ? Less teaching of values: in schools, families, churches etc. . . . . . ? Growing diversity in the workplace, differing value systems ? Emphasis in society or “rights” ? Legislation: equity, environmental protection, OH&S etc. ? Demand for information on how control is being managed What “best practice” organizations can do and are doing ? Going back to basics, revisiting mission statements, vision, values, principles (the “Why are we here ?!” questions) ? Developing or enhancing Codes of Ethics I Practice I Conduct ? Public and private sectors are addressing awareness raising, education and training strategies for employees (eg: orientation, management programs, special purpose training) ? Revisiting control mechanisms such as auditing, checks and balances ? Reinforcing fraud and corruption prevention controls ? Governments are passing laws and more closely addressing public sector management ? Educationalists and academics are exploring and revisiting theories, concepts, actions, outcomes etc. , in ethics ? Universities and Business Schools are including Business Ethics in their study programs Some current and emerging issues in Organizational Bioethics & Integrity (Some of these are arguably outside our loop. but they are contextual to understanding the complexities and inter-relatedness of global issues) ? International Corruption: strategies for dealing with this, in particular at the organizational level. ? Conflicts of Interest in all its form as a major challenge in almost every quarter ? Integrity in international business and dealing with cross-cultural issues. ? National and international litigation; individual and class actions. ? Care Ethics: Caring for employees in difficult times – responsibilities towards employees, customers, society at large and between employees. ? Global markets and globalization and the need for greater international and inter-cultural awareness and sensitivity. ? Ethics and the Media: Reactions to the major transgressions: invasions of privacy, libel, excessive investigatory actions, political influence. ? Bioethics: Issues such as euthanasia, birth control, fertility drugs, steroids in sport, genetic engineering, and the demise of public health systems. ? Integrity in International Business: reactions to damaging corporate and political scandals, to world political changes generally and combating global corruption. ? Environmental Ethics: Greater realization of the enormous damage being done in the nameof “progress”. ? Ecommerce, EGoverment: The dramatic changes, currently underway and accelerating, brought about by the “Information Highway”. These changes are rendering our familiar notions of national and international commerce, trade, the marketplace etc. completely outmoded and many traditional governance arrangements totally ineffective. ? Whistle blowing: how to facilitate it where necessary and how to protect the whistleblowers ? The protection of the environmental and the many organizational challenges emanating from this requirement. Sources of the future broad societal challenges likely to affect organizations ? Changing economic conditions ? People or Profit ? Rapid technological change ? The end of privacy ? Changing social values ? Multicultural Societies ? Endemic unemployment I underemployment ? Development of an underclass ? The end of organizational loyalty ? Increasing ecological I environmental pressures ? Bioethics (genetics, pandemics, survival etc. ) ? Population growth and massive shifts ? Workforce diversity ? Dominant corporate power and wealth ? Demise of the public sector ? Politics: national and international – demands for better leaders, with integrity ? “Global Ethics” (a better world) The message her is how the individual organisation can take action to stay ahead of the game as these impacts emerge. What organizations and their leaders need to do ? Regularly revisit your “Credo” ? Instill Credo and values in every employee – reject employees who cannot comply ? Provide strong ethical leadership, especially CEO ? Stay ahead of community standards ? Strive for diversity in the makeup of your organization ? Clearly state your “Vision” and gain employee ownership of it ? Develop a Code of Ethics based on your Credo, Vision and Shared Values ? Establish an Ethics Committee which pre- considers new ventures, examines cases and activities, to guide future actions ? Establish an Ethics “Hotline” to take suggestions and enquiries from stakeholders ? Balance concern for people and profit – based on wider social issues ? Educate before the need arises, not as a response to dilemmas

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