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Research Methodology: Case Study on the Company of Cheung Kong - Essay Example
Pages 12 (3012 words)
The study is designed to study the rising importance of the CSR in the present business environment and to highlight the areas of improvement for Cheung Kong, a leading business house in Hong Kong in matters of CSR. The importance of CSR in raising the productivity of the business has also been considered. …
The intention of this study is Corporate Social Responsibility as the commitment by the organization to maintain ethics in their business activities and contribute for building sustainable livelihoods of the overall society. CSR has become an important issue in almost all the leading industries in the global scenario. The implementation of the CSR has been a latest trend in the business houses. The property industry in Hong Kong has been one of the growing sectors in the country. The real estate organization in Hong Kong devotes them in building iconic sky scrapers. The government has been concerned over the environmental degradation due to such measures. The large building in Hong Kong uses 89% of the territories electricity. It also contributes to more than 70 % of the total greenhouse emission. In the maintenance of the CSR the industry should try to meet up the commitment. Beside this other environmental concerns which has been raised by the sector is in the overdevelopment of the harbors of the country which had led to the scarcity of water in the area. Due to this reason the need for the implementation of CSR has become more urgent and the notion is supported by stronger grounds. The government has also supported and has encouraged the property dealers to implement CSR as a part of their business strategy. Agenda has been raised that the implementation of energy saving buildings will be much helpful in gaining economic as well as social advantages. ...
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