The paper "Corporate Social Responsibility - ADNOC in the UAE" is a perfect example of a business assignment. The focus on corporate social responsibility (CSR) in the Middle East shows that the United Arab Emirates is a country that stands out. This is because; in UAE, CSR has been given attention and the companies in the region have continued to familiarize themselves with CSR and have engaged in activities associated with CSR. One of the indicators of CSR in the UAE is that, like Qatar, it is one of the most transparent countries in the Middle East (Tordo, Tracy & Arfaa, 2011).
At the same time, there is a need to understand CSR as it is practised by different companies such as ADNOC. ADNOC is one of the companies in UAE that practices CSR by undertaking different activities that benefit the community as guided by its CSR policies. Definition of Corporate Social Responsibility Corporate social responsibility defines the voluntary activities that are undertaken by a company with the objective of sustaining the economy, environment and social environment. CSR involve voluntary initiatives by companies to achieve community development, environmental protection and address human rights.
The policies of CSR are designed with the intention of benefiting society while at the same time contributing to the improvement of the company’ s image and profitability. Therefore, as generally defined by Zu (2009: 21), corporate social responsibility is a model that outlines the policies by companies to achieve maximum profits while still ensuring the societal interests are met. The CSR policies dictate the system of a company to monitor its performance in a way that significantly benefits the society while at the same time it provides economic benefits to the company. Different models are used to define CSR such as; the social-economic model whereby; the dimension of the economy and social interests are considered.
In relation to a company, CSR involves the activities that supply goods and services to the people. the impact of an organization towards the society through the evaluation of the responsibilities of the company towards the society.
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