Corporate Social Responsibility - 1756 Words

Corporate Social Responsibility (CSR) in the corporate event sector can be for everyone operating in this sector a basis for innovations, opportunities and competitive advantages with regard to social, environmental and economic aspects. This essay deals with the question what CSR is and how it influences the corporate event industry in the UK, as well as with the strategies companies have to do to generate a sustainable company structure and how they can advise their workforce to improve responsibility. Furthermore, the right communication of a CSR company structure is an essential aspect and how it has negative or positive effects on the people. The Global aspect of CSR is also interesting with regard to the corporate event industry and†¦show more content†¦After three years, the Apex Hotel in Edinburgh will almost generate the  £85,000 that they invested in their new heating system. Guy Bigwood, the sustainability director of MCI Group, said in an interview with the Con ference and Incentive Travel Magazine that he does not believe in the reduction of cost by using sustainable strategies but that he thinks that the quality and the appeal of corporate events will increase by the use of CSR. (Ledger, 2013) However, Roger Simons, MCI Groups sustainability manager said â€Å"recycle, reuse and reduce† definitely delivers savings for companies (Ledger, 2013). Another example of the Holiday Inn One King in Toronto shows that the cost reduction by implementing CSR structures is possible and realistic. The Holiday Inn One King in Toronto noted a saving of Canadian $14,852, about  £8810, annually by â€Å"the installation of low flow showerheads and faucet aerators†. A third and emphasizing example provides the International AIDS Society (IAS). In 2008, IAS hosted their first totally environmental and socially responsible AIDS conference which was based on a CSR plan (IAS, n.d.). They set the objective to include the CSR structure to their w hole business and saved by doing so  £500,000 through their environmental programme (Ledger, 2013). New technologies, such as video conferencing systems can reduce the carbon emissions in the UKShow MoreRelatedCorporate Social Responsibility : Corporate Responsibility773 Words   |  4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction. 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This obligationRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words   |  12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibility : Corporate Responsibility2818 Words   |  12 PagesFor the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. 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