fc-envt cons in the corporate scenario

8/2/2019 FC-Envt Cons in the Corporate Scenario

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Project By

Noel Mathew 52Hailley Turakhia 53

Kanchana Varghese 54

Anjali Venugopal 55Utkarsh Verma 56


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Have you ever

thought why

Conservation of theEnvironment is

important?

And what will

happen if we take on

a casual approach?

Are we one of the

numerous people

who are

contributing their

part?

And do we think thatlarge clusters of people

should be a part of the

Environmental

Revolution?


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PESTICIDE USE:

The water used to produce Coke contains

high levels of pesticides.

The Centre for Science and Environment

(CSE), said aerated waters produced by

soft drinks manufacturers contains

chemicals like DDT.

Pesticide residue levels are >30% as

permitted under the EU regulations.

Cola had registered a 11% sales drop

after the pesticide allegations in 2003.


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WATER USE:

In 2004, Kerala shut down a $16 million Coke bottling

plant for a drastic decline in both quantity and

quality of water .

The plant used about 900,000 litres of water in a

year

Also it creates problems for communities by

polluting the groundwater and soil.

Initially there were protests opposing the proposed

Coca Cola bottling plant in fear of water

depletion and contamination

Utilisation of natural water resources has led to environmental

degradation of ground water table


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TEXTILE INDUSTRY:

Textile manufacture creates pollution(Eg: Nylon takes 30 to 40 years to decompose)

Industrial manufacture undermines air quality.

Dyeing and printing consume vast amounts of water and

chemicals, and release numerous volatile agents.

The pesticides that farmers use to protect textiles can harm

wildlife and get into the food we eat.

Old clothes that we throw away take up precious space in

landfill sites.

Most of the textile machineries cause noise, sound and air

pollution.

Exploitation of animals often goes hand in hand with

intensive farming practices that damage environment.


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World's top firms cause $2.2tn ofenvironmental damage.

Pollution caused by the world's biggestcompanies would wipe out >1/3rd oftheir profits .

London-based consultancy Trusoctfoundthe estimated combined damage wasworth US$2.2 trillion (1.4tn) in 2008.

More than half of the total of the $2.2tnestimate for climate change, wasemissions of greenhouse gases(does not include damage caused byhousehold and government

consumption)


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May they, can they, should they, and do they?


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The environmental aspect of CSR is

defined as the duty to cover the

environmental implications of the

companys operations, products and

facilities; eliminate waste and

emissions; maximize the efficiency and

productivity of its resources; and

minimize practices that might

adversely affect the enjoyment of the

countrys resources by futuregenerations.

-World Bank


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Source: Journal on the Assessment of CSR in India by the German Development

Institute (DIE) and Centre for Social Markets,India under the UN Global Compact


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1. Corporate Environmental Policy

5 STEP PROCESS OF CSR IN INDIAN FIRMS

2. Environmental Audit

3. Employee Involvement

4. Green Procurement

5. Green Products


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EXAMPLES

Procured from : www.pg.com/employee_engagement

PROTER & GAMBLE

TATA CONSULTANCY SERVICES

Procured from www.tcs.com/csr_rep_09


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Decreasing fertility of soil

More insect infestation of crops

Scarred landscapes

Desertification


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More polluted air

Diseases spread easier

Extreme weathere.g. heat waves

Less oxygen in oceans


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More forest fires

OBVIOUSLY

Warmer temperatures


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More floods/droughts

Disproportionate rainfall

Shortage of potable water

Severely damaged aquifers


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Competiti e Disad antage


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-Competitive Disadvantage

- Out of Social Obligation or

ear of Public Opinion

-Use of money for things

not directly related to the

business

- Shift of focus away from a

corporations main business

concerns

- Extra staff required to

ulfill corporate social

responsibility jobs required

or a company to undertake

its CSR initiatives.


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Key References:

1. BSR, Business for Social Responsibility; www.bsr.org

2. UN Conference on Trade And Development 1999, World Investment Report3. World Bank Institute 2002, e-Course on Corporate Social Responsibility and

Sustainable Competitiveness, Washington D.C.

4. Journal on the Assessment of CSR in India by the German Development Institute

(DIE) and Centre for Social Markets,India under the UN Global Compact

5. Procter & Gamble, Asia, www.pg.com; Tata Consultancy Services, www.tcs.com6. Glachant, Matthieu. 2007. Non-binding voluntary agreements.Journal of

Environmental Economics and Management 54: 3248.

7. http://www.ehow.com/info_8031857_disadvantages-corporate-social-

responsibility.html

8. http://answers.yahoo.com/question/index?qid=20090124023510AAwAplA
http://www.bsr.org/http://www.pg.com/http://www.tcs.com/http://www.tcs.com/http://www.pg.com/http://www.bsr.org/

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