Corporate Social Responsibility Towards Environmental Management

Abstract

Introduction: Corporate social responsibility is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis. Social responsibility of companies was defined as responsibility to consumers, workers, stakeholders and the community .The aim of social responsibility is to create higher standards of living, while preserving the profitability of the corporation . Companies while creating profit should also be aware that they can contribute to sustainable managing their operations in such a way as to enhance economic growth and increase competitiveness whilst ensuring environmental protection and promoting social responsibility, including consumer interest. Corporate Social Responsibility and Environmental Management provides a practical resource for the ever increasing number of organisations concerned about social and environmental responsibilities in the context of sustainable development. The author in this article evolved certain principles for the management of environment in relation to CSR. Objectives: 1. To examine the corporate social responsibility in the light of environment protection. 2. To discuss the impact of organisation’s activities on the environment. 3. To study why the corporate social responsibility principle needs to be adopted?. 4. To study the legislative & judicial perspective relating to corporate social responsibility in relation to environmental protection in India.