Abstract

<p class="1Body">Corporate Social Responsibility (CSR) has gained tremendous attention in the policy implementation of some organizations. National governments and societies have developed keen interest in the operations of organizations under this jurisdiction. Therefore, companies may not only be profit oriented but would seek to enhance the welfare of the people as they operate in a more sustainable way without harming the environment. It is on this premise that this article attempts to assess stakeholder participation and sustainability of corporate social responsibility programmes implemented by AngloGold Ashanti in Obuasi, Ghana.</p><p class="1Body">CSR programmes initiated by AGA-Obuasi are categorized into four main areas<strong>:</strong> Community Health and Malaria Control Programme, Social Infrastructure, Education and Sports as well as Art, Culture & Heritage programmes (AngloGold Ashanti, 2013). Activities of the mines affect Obuasi and their allocated unit areas environmentally, socially, economically and culturally and hence, the company is not only profit oriented but has assumed responsibility of developing the community through CSR and the reclamation bond or process.</p><p class="1Body">CSR programmes are undertaken voluntarily by the mine corporation to facilitate its operations. CSR policies, plans, program and projects are broad and hence, the study was conducted mainly to assess stakeholder participation and sustainability. The relevant stakeholders in various communities in the AGA-Obuasi operational area were involved in the formulation and implementation of CSR programmes through consultative committee meetings, community/public meetings in various allocated communities. Program were formulated and implemented based on request from host communities.</p>

Highlights

  • Corporate Social Responsibility (CSR) has several definitions emanating from different international bodies, scholars, business organizations and so on

  • Companies may be profit oriented but would seek to enhance the welfare of the people as they operate in a more sustainable way without harming the environment. It is on this premise that this article attempts to assess stakeholder participation and sustainability of corporate social responsibility programmes implemented by AngloGold Ashanti in Obuasi, Ghana

  • CSR programmes initiated by AngloGold Ashanti-Obuasi (AGA)-Obuasi are categorized into four main areas: Community Health and Malaria Control Programme, Social Infrastructure, Education and Sports as well as Art, Culture & Heritage programmes (AngloGold Ashanti, 2013)

Read more

Summary

Introduction

Corporate Social Responsibility (CSR) has several definitions emanating from different international bodies, scholars, business organizations and so on. CSR can be defined as the continuing commitment by business to adhere to acceptable ethical standards and contribute to social, and economic development while seeking to enhance the quality of life and welfare of the workforce and their families as well as of local communities in which they operate (WBCSD, 2000) Based on this definition, companies or business organizations should not solely be profit-oriented but contribute voluntarily in instances when they are not obliged by any legal instrument to socio-economic development of the area of operations, enhancing the welfare of the local people and the sustainability of the natural environment, by operating in an efficient, transparent and environmentally friendly manner (McElroy & Engelen, 2012).

Objectives
Methods
Results
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.