{"id":47128,"date":"2015-04-01T10:45:22","date_gmt":"2015-04-01T05:15:22","guid":{"rendered":"http:\/\/www.vskills.in\/certification\/tutorial\/?p=47128"},"modified":"2024-04-12T14:19:56","modified_gmt":"2024-04-12T08:49:56","slug":"csr-approaches","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/csr-approaches\/","title":{"rendered":"CSR Approaches"},"content":{"rendered":"<p><a class=\"vsc\" href=\"http:\/\/www.vskills.in\/certification\/Corporate-Social-Responsibility-Certification\"><span class=\"vsc-cn\" style=\"text-align: center;\"><span style=\"color: red;\">Certify and Increase Opportunity.<\/span><br \/>\n<span style=\"color: green;\">Be <\/span><br \/>\nGovt. Certified CSR Professional<br \/>\n<\/span><\/a><br \/>\n<b><\/b><b><span style=\"text-decoration: underline;\">Corporate Social Responsibility<\/span><\/b><\/p>\n<p>CSR is emerging as an inevitable priority for all the companies in the world. Many countries are using different approaches to strategize CSR depending on their corporate and business environment.\u00a0 CSR covers five main areas: environment, community, employee welfare, financial performance and corporate governance. We are going to understand three very common CSR approaches used all over the world.<\/p>\n<p><strong>Philanthropic Approach<\/strong><br \/>\nThis approach is being followed by several organisations since many decades. It is a practice of a company\u2019s contribution towards a cause which provides a direct benefit for the cause and also supports the company\u2019s core business objectives. A well-designed strategic philanthropy program integrates the needs of both the business and the charitable cause, creating a win-win situation for everyone. This is one of the fastest way to form an alliance and increase engagement among the stakeholders. Inspite of the introduction of new methods in CSR, philanthropic approach still remains a common and preferred option worldwide.<\/p>\n<p><strong>Community approach<\/strong><br \/>\nThis is the most widespread perception of CSR which includes supporting organizations, programs and events in local communities which can have long-term positive impacts. The classical view of CSR was narrowly limited to philanthropy which is now shifting its emphasis on business-society relations, particularly referring to the contribution of the firm solving the social and environmental issues. It is very essential for the organisation to consider the significance of the community in which it is thriving. This concept is adopted by organizations considering the interests of society by taking responsibility of the impact of their activities on communities including customers, suppliers, employees, shareholders and environment.<\/p>\n<p><strong>Creating Shared Value approach<\/strong><br \/>\nIt is a strategy for developing the future market while strengthening economies, the marketplace and communities. It creates an interdependence of long-term business success on balanced social systems. It encourages organisations to strategically invest in environment conservation, social welfare, education and healthcare creating opportunities for overall long-term growth.<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/Human-Resources\/Corporate-Social-Responsibility-Certification\">Click here for Govt certification in CSR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Certify and Increase Opportunity. Be Govt. Certified CSR Professional Corporate Social Responsibility CSR is emerging as an inevitable priority for all the companies in the world. Many countries are using different approaches to strategize CSR depending on their corporate and business environment.\u00a0 CSR covers five main areas: environment, community, employee welfare, financial performance and corporate&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[6346],"tags":[6546,6547],"class_list":["post-47128","page","type-page","status-publish","hentry","category-corporate-social-responsibility-professional","tag-corporate-social-responsibility-approaches","tag-csr-approaches"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CSR Approaches - Tutorial<\/title>\n<meta name=\"description\" content=\"Learn and know What are various CSR approaches? CSR is emerging as an inevitable priority for all the companies in the world. 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