Gardening » Corporate Social Responsibility

Corporate Social Responsibility

ILFAtrees gifCorporate social responsibility is defined as an ethical framework which suggests that an entity or an organization or individual, has an obligation to act for the benefit of society at large. 


Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems. Also, CSR strategies encourage the company to make a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others.


We now will discuss the importance of stakeholders in the business and their significance in the success of the business. Stakeholders put in simpler terms, are those who have stake (or interest) in the success of the business and we will concentrate namely on the communities. It is where the business draws its resources from, whether it was raw, natural or just human resources. This creates a give and take relationship which is governed by mutual concession and compromises. The business takes but also has to give back.  


Which brings me to the matter at hand, I have written this article mainly to shed light on the remarkable work put forward by IL & FS Prime Terminals FZC. We had the good fortune of working with IL & FS on one of their projects, where we were requested by them to plant 50 Damas trees on treacherous and rocky mountainside. This is only phase one of many phases, where they are looking to plant 150+ more trees. 


This was a great initiative shown by them, to convey their eco mindedness and their concern for the environment in which they are in, hence catering to the community around them and showing a great deal of social responsibility towards the community as well.


ILFproposed gifIL & FS, is the first company of its kind at the FZC to take on an initiative as such, hoping that they will become trailblazers for many other companies who will follow in their lead. 


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