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The Corporate Social Responsibilities Is Not Mere Text Words It Should Be Followed
The modern industries have different parameters to consider while doing business; they not only do business for profit making but also consider the requirements of customers and the effect on the environment as a result of their manufacturing process should also be observed. Corporate social benefit is very common term in the present era as there are many entities those who deal with such products or hazardous chemicals or other items which often proved as dangerous for the living beings of the area of their operations. So the business operation should always take into consideration the health and safety of the local people, animals and greenery. Otherwise the ecological system would be hampered to a great extent.
As all of the modern industrial processes use many valuable resources of nature so it is necessary to compensate the nature as much as possible. The business houses should try to fulfill the losses it caused to our environment by following certain norms and procedure. For example, they can plant trees or can make arrangements so that the health hazardous chemicals coming as a residue of any production ...
... process would not mix with the river water or the ground water. The social responsibility can never be avoided.
The most uttered word is now mining for development. The exploration of natural resources and allow private entities to handle and deal with it has been criticized all over the world. Allowing the licenses to the private companies and earning royalty by government may provide a good amount to the exchequer. But in reality, it is the loss of a nation and depriving the common people. The recent scandals in mining have focused such irregularities, mal practices, corruption by such private enterprises. The private enterprises just target huge amount of profit and the business opportunities exploring the natural resources for their private interest. This business is such lucrative as nature provides the things. A company does not need huge invested business investment to start the business just need to apply technology or invent some machines to make easy the mining. They just apply technology to get the best business revenue. Innovative, highly efficient mining pumps are introduced to explore more. The wastage is dumped into the nearest locality which totally destroys the eco-system, bio-diversity polluting soil, water, air all. According to a manufacturer of Undersink Sullage Chambers, it is suitable to control the waste, so no contamination would be there. But the waste is so huge and immense that no such thing are practically applied or introduced. They may be suitable but very few are used. So the CSR i.e corporate social responsibilities are just present in the written context, not applied or very rarely applied by such private ventures.
Environment loss becoming huge and no compensation or at least efforts are made. The open cast mining has been curse and the companies are in mood to take any social responsibility. If government does not guard the public interest it is not possible to deal with such environmental issue. Business would be there but not for only private interest.
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