Question

Choose organizations of repute in Oman and study their CSR initiatives and programs. How do those initiatives and programs contribute to the Society at large? Discuss any 3 such initiatives/programs. Explain how CSR initiatives benefit the organization?

a. 1st CSR initiative: Describe the initiative….. by which company…..benefits to society…..benefits to the organization.

b. 2nd CSR initiative: Describe the initiative….. by which company …..benefits to society…..benefits to the organization.

c. 3rd CSR initiative: …..benefits to society…..benefits to the organization.

Answer 1

ORPIC : The CSR initiative by this company is philanthropic donations to charity activities. This initiative shows contributions to branding and sponsorships, support construction of investment building, handicapped children activities, initiating projects support for students, teachers municipalities and societies etc.

The benefits to the society is it helps in contributing to social and environmental expenditures, and providing funding for urban development,sustained community development definitely support the oman economic development.

The benefits to the organization is a good CSR plan is a critical factor in reaching the excellent business practice, builded a brand image, risk mitigation, they could build customer loyalty.

VALE OMAN: The CSR initiative of this company is services to the community which describes supporting women association and women empowerment, Livelihood for underprivileged women, against child forced and compulsory labor, health and safety participation.

The benefits to the society is corporation care for communities good makes everyone feel safer and significantly decreasing corruption within the society, social activation of company enable the people experience emotional benefits from being involved in helping others, increases health awareness, raise populations knowledge which will increase the standard of living of people in the society.

The benefits to the company diminishing the amount of complaints and increasing customer satisfaction, avoiding government and legal regulations, employee motivation, making good profits.

SOHAR ALUMINIUM : CSR initiative is enhancing employee welfare which explains about diversity and equal opportunity, Indigenous rights , security practices, entertainment and leisure, local hiring, work life balance.

The benefits to the society is company can provide better employment opportunities for the people from local communities, company rich in CSR can hire more employees on better conditions and they can provide substantial perks.

The benefits to the company is it will attract investors, there will be differentiation from other brands, good relation with stakeholders, cost reduction, greater employee motivation.