Abstract
Assessing the Performance of Corporate Social Responsibility in Nigerian Universities and Contribution to Development of Host Communities
Highlights
Organizations around the world, and their stakeholders, are becoming increasingly aware of the need for and benefits of socially responsible behaviour
⎯ achieving savings associated with increased productivity and resource efficiency, lower energy and water consumption, decreased waste, the recovery of valuable by-products and the increased availability of raw materials; 1005 ⎯ improving the reliability and fairness of transactions through responsible political involvement, fair competition, and the absence of corruption; 1007 ⎯ preventing or reducing potential conflicts with consumers about products or services; 1008 ⎯ contributing to the long-term viability of the organization by promoting the sustainability of natural resources and environmental services; and 1010 ⎯ contributing to the public good and to strengthening civil society and institutions
1042 An organization’s decision-making processes and structures should enable it to: 1043 ⎯ create and nurture an environment in which the principles of social responsibility are practised; 1045 ⎯ create a system of economic and non-economic incentives related to performance on social responsibility; 1047 ⎯ use financial, natural and human resources efficiently; 1048 ⎯ promote fair representation of under-represented groups in senior positions in the organization; 1050 ⎯ balance the needs of the organization and its stakeholders, including immediate needs and those of future generations; 1052 1053 1054
Summary
ISO (the International Organization for Standardization) is a worldwide federation of national standards bodies (ISO member bodies). Each member body interested in a subject for which a technical committee has been established has the right to be represented on that committee. Draft International Standards adopted by the technical committees are circulated to the member bodies for voting. 114 ISO 26000 was prepared by ISO/TMB WG Social Responsibility This International Standard was developed using a multi-stakeholder approach involving experts from more than 90 countries and 40 international or broadly-based regional organizations involved in different aspects of social responsibility. These experts represented six different stakeholder groups: consumers; government; industry; labour; non-governmental organizations (NGOs); and service, support, research and others. Efforts were made to ensure the broad and representative participation of all the stakeholder groups, a full and equitable balance of stakeholders was constrained by various factors, including the availability of resources and the need for English language skills
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