Question

Samsung's 2018 Corporate Sustainability Report notes that the company spent 523 billion Korean won in 2017 for programs devoted to better health and education for children. Explain why a company like Samsung would pursue such a costly program?

Answer 1

Corporate Sustainability Report :

Corporate Sustainability Reporting speaks to a potential instrument to create information and measure progress and the commitment of organizations towards worldwide feasible improvement targets as it can help organizations and associations measure their presentation in all elements of economical turn of events, set objectives, and bolster the change towards a low carbon, asset proficient, and comprehensive green economy.

Explain why a company like Samsung would pursue such a costly program:

• It is the piece of Samsung's own CSR methodology that makes them work upon various parts of the network improvement. In such manner, the organization has its own financial plan for the spending on Children wellbeing and training that is corresponding to the benefit, the organization wins. Along these lines, the organization can fund such a cost
• ly program when contrasted and the benefits, the organization acquires.
• Further, the organization additionally has the drive to offer back to the network and help them develop, around them the organization works.
• In this way, the organization has decided to work for the improvement of youngsters as they are the eventual fate of the country too.
• Along these lines, organization spends colossal measure of CSR cash on youngsters wellbeing and instruction.

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