1. Cite an example of CSR fulfilled by a local organization. How would you rate the organization on a 1 to 10 scale? Why?

Social Responsibility is a top priority for every individual at ACI. ACI has undertaken extensive programs to educate crop farmers all over rural Bangladesh in Good Agricultural Practices. They have a team of agricultural experts working at the field level all across the country, holding a range of technical trainings and field demonstrations. ACI also has similar education programs for animal and poultry farmers. These include, Technical trainings on diverse aspects of farming, and on application of new technologies, Farmersgroup meeting for sharing of learning and experience, free visits to farms by veterinarians, to identify problems and give advices to individual farmers. I will rate this CSR of ACI 8 out of 10. Because farmers are mostly illiterate having learnt the art and science of farming by assisting their family on the fields. ACI continuous endeavors to educate farmers have given significant benefits like 1.Raising the level of awareness among farmers on improving their agricultural output through application of new technology, encouraging them to share experiences with neighboring farmers and, in the long run, developing educated farmers. 2. Raising the educational level and technical knowledge of channel partners and third parties who act as advisors to the farmers. 3. Most importantly, making the farmers aware of ways to protect the environment from hazardous uses of chemicals on their farms, allowing them the opportunity for informed decision-making. ACI hopes to continue to play a leading role in promoting greater environmental responsibility among farmers in Bangladesh. Corporate Social Responsibility is a top priority for Beximco pharmaceutical. Beximco pharmaceutical is a Large Local Corporation that donating medicine support for AIDS patient and disaster recovery supports from a long time. A specialized institute that works for the holistic development of children with special educational needs through different programs Include early childhood development programs (ECD), special schooling, therapeutic interventions, medical and neuro-developmental assessment, leisure time and co-curricular activities, training for the teachers, parents and integrated services. Charity contributions through the Gono Sahajjo Songstha (GSS) for the educational sector for the unprivileged Free drugs during natural calamities and distribution of clothing during winter As part of BEXIMCO Groups focus on society development, Fazlur Rahman Foundation has established a project called "FRF Diagnostic Centre". The project provides health screening services for Beximco Pharmaceuticals and Beximco Antibiotics Industries employees. Sponsoring events and national sport stars and teams Official sponsor of the Bangladesh National Cricket team for the ICC Cricket World Cup 2011 Official sponsor of the FIFA friendly match between Argentina and Nigeria held in September, 2011. I will rate the CSR activities 9 out of 10, because they introduced anti-retroviral medicines for HIV/AIDS treatment, medicine to combat the virus of bird flu and an oral anti-smoking drug to help chronic smokers quit smoking. They are donating Food and Medicine during different natural disasters. They are frequently Publishing posters-banners-festoons, arranging ralliesseminars-conference etc. on AIDS, Diabetes, Smoking, Cancer, Asthma, Birds Flu etc.

2. Give three examples of CSR activities performed by MNCs operating in Bangladesh. CSR is the foundation of Chevrons business practice and one of Chevrons cherished values. In all its operations, Chevron strives to improve the lives of the people wherever it works. Chevrons vision in Bangladesh is to work in partnership with the Government of Bangladesh and the state owned oil and gas company, to develop the countrys energy resources in a safe, environmentally responsible and efficient manner for the benefit of the people of Bangladesh. In Bangladesh, the company has been active in community engagement for several years in a wide variety of activities and programs that focus primarily on education, healthcare and social welfare. Chevron carries out most of the projects directly, though some projects are also carried out in partnership with leading NGOs in Bangladesh. It also encourages its employees to participate actively in establishing the companys values in community development by regularly participating in various projects. Chevrons CSR efforts are grounded in the Chevron Way, which outlines its commitment to conduct business in a socially responsible and ethical manner, support universal human rights, protect the environment, benefit the communities where it operates, learn from and respect cultures where it operates. Chevrons vision in Bangladesh is to work in partnership with the Government of Bangladesh beside that the company implements projects focused on school- and work-based career and technical programs, fundamental learning competencies like reading, science and math and training and professional development for educators. They are often done in partnership with governments, local communities, non-governmental organizations and multilateral institutions. Unilever strongly believes in the importance of empowering women in Bangladesh, because the progress of any society will be constrained if a significant part of its population is neglected and excluded from the benefits of development. They believe, with economic and educational empowerment, women can become more vocal about their rights and become stronger in withstanding repression in any form. So they have established Fair & Lovely Foundation. The mission of this foundation is to encourage economic empowerment of Bangladeshi women through information and resources in the areas of Education, Career and Enterprise. It is this realization that has brought about the Fair & Lovely Foundation Scholarship Program. Under this scholarship scheme, women who have passed their HSC each receive a Taka 25,000 scholarship to support her tertiary level education.

Dutch Bangla Bank is one of the Bangladesh business award winner and Asian CSR award. Dutch Bangla Banks Sustainable CSR activities have focused on improvement of health, education and poverty all over in Bangladesh. Square pharmaceutical limited is Signatories of UN Global Compact in Bangladesh. Their social commitments are in the area of supporting acid burn victims, Meril-Prothom Alo festivals, sporting events, etc. Unilever in Bangladesh supports a variety of social activities under its CSR portfolio. It provides support in the field of education, womens empowerment, health, hygiene and personal care. UBL helped to set up modern operation facilities in Port City Hospital. Since 2004, UBL is supporting Shathee Samaj Kalyan Samity (SSKS), an NGO working for the slum residents in the citys posh residential area- Banani. SSKS provides free primary education to over 300 underprivileged children of lowest income families. The existence of the school is a great support for the children living in Banani, Gulshan, Badda slum areas and UBL provides support for opportunities such as training for teachers and sports lessons for the students. Nurturing the intellect and development of the children coming to this school can help build a strong example of conscientious involvement of the privileged society in support of the needy. 3. How would you evaluate the tree plantation programme of BATB as a CSR activity? How would you evaluate the impact of their business on the society?
British American Tobacco created supply chains in the 1990s to improve production efficiency, control, access to markets, and profits. In the 2000s, the companies used their supply chains in an attempt to legitimize their portrayals of tobacco farming as socially and environmentally friendly, rather than take meaningful steps to eliminate child labor and reduce deforestation in developing countries. The tobacco companies used nominal self-evaluation (not truly independent evaluators) and public relations to create the impression of social responsibility. The companies benefit from $1.2 billion in unpaid labor costs due to child labor and more than $64 million annually in costs that would have been made to avoid tobacco related deforestation in the top twelve tobacco growing developing countries, far exceeding the money they spend nominally working to change these practices.

Has planted and distributed 42.5 million trees with a sapling survival rate exceeding 90%. Has successful biodiversity program specifically emphasizing on water, air and energy. Stakeholders expressed their view that laws should be enacted to restrict public smoking. Opinions were also expressed regarding protection of smokers rights. BATB position and response-They want to support initiatives of the government to

restrict smoking in public places and will work the government to have clear definitions of public places with the objective of protecting nonsmokers and smokers rights. BATB Commitment-will support initiatives of the government to restrict smoking in public places.

Youth smoking prevention(13%) :

Stakeholders expressed that cigarette advertisements which attract the youth should be stopped. They urge to make advertisements showing harmful effects of cigarettes on children. They want to restrict availability of cigarettes to underage. BATB position and response - They will support any government initiative which suggests practical solutions to underage smoking and to enforce the law on juvenile smoking which prohibits sale and purchase of tobacco products by the underage. They have clear company policy which they communicate to their distributors, not to engage or sell cigarettes to underage vendors. They have stopped all the brand advertisements on TV. BATB Commitment - will continue to work with other third parties, including the government, in order to make improvements to our Youth Smoking Prevention (YSP) campaign.

What is social Business Social business draws on trends in technology (e.g., powerful mobile devices, widespread availability of high-speed Internet access, low cost of data storage), work (e.g., always-on culture, globalization), and society (e.g., propensity to share). Companies should care about social business because they can improve business outcomes (i.e., increase revenue or decrease costs). The core principles touch on all areas of a business, whether for businessto-customer engagement, employee-to-employee collaboration, or supply chain optimization. Making social business work requires focus on a companys culture, connections, content exchanges, and measurement and analytics. In Yunus' definition, a social business is a non-loss, Non-dividend Company designed to address a social objective within the highly regulated marketplace of today. It is distinct from a non-profit because the business should seek to generate a modest profit but this will be used to expand the companys reach, improve the product or service or in other ways to subsidies the social mission. Unlike traditional business, social business operates for the benefit of addressing social needs that enable societies to function more efficiently.Social business provides a necessary framework for tackling social issues by combining business know-how with the desire to improve quality of life. Therefore instead of being selffocused social business is all about others.

Distinguish between CSR and Social Business Social business and CSR have much in common. Both want businesses to take the interests of all stakeholders and especially the non-shareholders, while taking a larger and serious role in addressing social and environmental problems. Yet, there are important and underexplored differences. The differences between two notions, based on their purposes, structures, targets, profit related policies, compliance issues and shareholders

CSR
Profit sharing Profit Maximizing Project based /Time Limitation Social projects within the companys core business strategies Targeting general society / satisfaction of stakeholders expectations Temporarily solutions to social problems / non sustainable in general Devoting a small portion of profit Compliance with the moral/religious or legal obligations to engage in a social problem solving Shareholders and entrepreneurs bias on allocating profit on social problems

Social Business
Non-dividend Social benefit maximizing Company based/Enduring-Sustainable Social projects within the recognition of diversified social problems Targeting the poorest of the poor, or the ones in most urgent needs Consequences oriented-permanent solution Raising its financial funds Compliance with the selflessness to engage in a social problem solving Shareholders and entrepreneurs full support on allocating profit on social problems

Dr. Muhammad Yunus also differentiates CSR initiatives of profit-maximizing companies from his concept of social business. With reference to an organizations primary purpose he argues that a profit-maximizing company could only devote a small portion of its resources to a social purpose. However, microcredit is used to establish social businesses that are self-sustaining. Social businesses try to reach poorest of the poor companies aim to meet expectations of stakeholders. By their very nature, traditional corporations are not equipped to deal with social problems, whereas social business can exclusively concentrate on delivering social benefits. CSR projects mean cost for the companies and shareholders. Although CSR is valued by individuals, they would not bear that costs due to economic purposes of firms. Especially shareholders would not approve corporate spending on social problems when it is considered that a portion of profits are allocated to CSR. In this case, entrepreneurs would be responsible to pay all that costs. However, social business core purpose is to provide solution to a social problem. Therefore, shareholders or entrepreneurs would receive satisfaction to distribution of corporate profits to social problems. CSR efforts

usually focus very limited scope of social problems. In general CSR projects aim to reduce social and environmental negative impacts of a company. But, social business movement is anticipated to defy more specific social problems such as nutrition, child abuse, disabled. In addition; individuals who owned social business idea, are better than big companies at scanning problems that need to be overcome. Corporate Social Responsibility (CSR) programs are the philanthropic programs of companies. CSR is part of a corporation, which is a profit-maximizing company. A social business is a company by itself which is dedicated to social impact-maximization. A common way of practicing CSR is by donating money for social causes. Corporate Social Responsibility (CSR) provides a lot of good initiatives, but is a reactive process. CSR means taking responsibility for the effects of ones business on the surrounding environment. Known examples of CSR are saving energy or buying fair-trade products. The difference between CSR and social entrepreneurship is thus the difference between reactive and proactive. A social entrepreneur focuses his core businesses on creating social value whilst a Corporate Social Responsibility entrepreneurs tries to carry out his core business in a responsible way.

Corporate Social Responsibility (CSR) is a concept which goes beyond charity and entails the company to act beyond its legal obligations. The act is to integrate social, ethical and environmental norms into the companys core business model. The act can be anything which relates to the three concerns that I have listed above. For example, Toms Shoes, a for-profit company based in United States, donates one pair of shoes to a child in need for every pair purchased. Toms Shoes are not legally bound donate or act for social good, but still they do. The ethical concern of donating shoes to impoverished children is integrated into the companys policy. Thats how Toms Shoes have successfully managed to implement their corporate social responsibility by producing an overall positive impact on the society. On the other hand, Social Business is solely created to address and solve a social problem. The profits made from the business activities are reinvested in the company. Investors can gradually recoup the money they invested but cannot take any dividend beyond that point. For example, Grameen Danone Company, based in Bangladesh, is a social business enterprise. The business model of Grameen Danone is designed to provide key nutrients to the children of Bangladesh through yogurt which are usually missing from their diet. They do not issue dividends and the profit made each year is reinvested in the business. By that way, the money is being used for the betterment of the children over and over again. For instance if McDonalds starts to donate food to the homeless, it would be a CSR approach, but if McDonalds ever starts a full-fledged enterprise to resolve a social problem, then that enterprise would be called a social business.