Introduction to CSR
The social role of companies and institutions gains
increasing importance through social programs that were seen as a normal and
expected matter in light of the not-for-profit nature of the economic
institutions run by governments, although they often realize huge revenues and
With the transformation of these institutions
to private ownership and as they have been re-organized and managed on this
basis, it was expected that their social role will cease, but the practical
application of the privatization experiences showed that the social role and
moral obligation of businesses are also an investment that generates increasing
profit and production and reduces conflicts and differences between the management,
the labor and the communities with which they deal, and also increases the
affiliation of workers and beneficiaries to such companies.
Privatization experiences also showed that many
of the leaders and owners of companies are interested in community involvement and
they look at the economic process as a social, national and humanitarian
activity targeting, inter alia, the development and participation in public
work, and not only processes isolated from the objectives and aspirations of
communities and countries.
It is clearly observed that there are many commitments,
projects and principles that most companies and institutions have begun to
implement or on basis of which they can operate without, of course, giving up their
goals of profitability. This is also what
all their employees and stakeholders want because their loss will hurt the
communities, workers and the national economy.
The CSR is not limited to donations for
development and charity projects and programs. There are other areas for work and other principles
that must be observed by corporate, which will greatly benefit both the
communities and nations and save them environmental, economic and social
disasters and crises, the costs and consequences of which will be much greater
than the costs of observing these responsibilities.
The aspects and areas of CSR include the organization
and management of business in accordance with ethical principles and rules, participation
with the poor and the middle classes (on profit basis), protection and
development of the environment, protection and development of basic resources
such as water, forests, wildlife, soil, fighting against and avoiding
corruption, and honoring human rights, as well as the rights of labor and workmen,
and assist them achieve economic and social benefits such as savings, insurance
care for them and their families, and profit sharing.