Corporate Social Responsibility and Sustainable Development Essay

Corporate affectionate Responsibility and sustainable Development - Essay ExampleBusinesses are facing an increasing pressure to adopt Corporate Social Responsibility (CSR) in its agenda of growth. Companies have realized that practicing unacceptable processes carry not only healthy risks but as well as the risk of businesses not performing well. Though business leaders realize that CSR is an built-in part of a business performance, often the justifications of incorporating it into the business process are unclear. The most justification abandoned in support of CSR highlights the trade-off between business and society rather than the interdependence of the two. It is seen that businesses view CSR as means to secure the goodwill and reputation of the business, with all the stakeholders, a moral obligation to support estimable values and meeting the needs of sustainable development. What is missed out in this is the reality the fulfillment of the fond objectives of a business ac tually enhances the economic objectives of the business in the long-run. That this is possible has been proved by some(prenominal) companies. PepsiCo India has employed various processes to optimise body of weewee usage and minimise water wastage. Across its manufacturing plants in India, PepsiCo has installed water recovery equipment and has bettered the water management through recycling and reuse in cooling towers, flushes and gardens. The company has also made it a standard practice to harvest rainfall either by collecting rainwater in ponds that have been excavated for this purpose or by roof-water harvesting. PepsiCo plants in Bharuch, Bazpur, Palakkad, Jainpur, Panipat, Channo, Pune, Mahul and other places, in India, follow this as a standard practice. PepsiCo has also ventured into community water projects and watershed management programmes. The company has saved an unsmooth two billion litres of water in two years, from the start of this initiative, build its image as a socially responsible business house and to top it all has done very well with its bottled water and non-carbonated beverages. Another case in point is that of Nestl, which entered the poverty ridden Moga region in India. Poor soil, small tracts of land, droughts, animals despicable from disease and non-existent market, all sorts of challenges were existent here, till Nestl entered Moga in 1962. The company started with establishing milk purchasing organizations in the empyrean and by creating infrastructure in the form of dairies with refrigeration, veterinarians, nutritionists and agronomists to advice farmers and medicine and supplements for the animals. Water supply facilities were also arranged