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Analysis.Sustainable Development - Case Study Example

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Sustainable Development Name of the student University Table of Contents Table of Contents 2 Corporate Social Responsibility 4 Sustainable Management Solutions of Saipem 5 Results of the Initiative by Saipem 8 Triple Bottom Line Theory & its Impact 9 Introduction: World Business Council for Sustainable Development World Business Council for Sustainable Development (WBCSD) is a global association which constitutes of more than 200 international companies (WBSCD, 2013b)…
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Case Analysis.Sustainable Development
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Analysis.Sustainable Development

It also helps in suggesting best business practices on various issues on variety of platforms like government, non government and inter-governmental organizations (WBSCD, 2013c). The main objectives of the association are as follows: To be one of the leading business that advocate on matters like sustainable development To actively participate in policy development and in development of the right kind of framework that helps in making an effective contribution in sustainable human progress To develop and promote the business case for sustainable development To demonstrate the business contributions to the development of sustainable business solutions and sharing the knowledge among the members (WBSCD, 2013d). To contribute towards a sustainable future for developing nations The association helps in bringing the forward thinking companies together that help in reshaping the global business community and in creating a sustainable future for society, business and environment. ...
It helps the management of various companies to lay emphasis on the societal and environmental concerns in the business interactions and decisions taken by the stakeholders. CSR is in response to the various kinds of civil society and consumer pressure. The main focus of WBCSD is to ensure that the CSR model has been implemented by various organizations that will help in taking managerial decisions ethically (WBSCD, 2013e). The main focus of the organization is to ensure that the companies are aware about the benefits, applications and awareness of the CSR model. WBCSD ensures that the CSR assists the small and medium enterprises in developing countries in promoting environmental awareness and also achieve their organizational goals. Promotion of CSR concept among small and medium enterprise requires several approaches that complements the business capacity and needs and do not have an adverse impact of the business decisions taken by the management. Various techniques like Triple Bottom Line theory and other CSR based programme have proven to be instrumental in meeting social and environmental needs without compromising their competiveness. Company Profile: Saipem Saipem is regarded as one of the largest oil and gas companies in the entire oil and gas industry. It is one of the leading companies in engineering, construction and drilling. The company enjoys a superior position in the offshore and onshore oil industry by completion of successful technological projects. Saipem is regarded as one of the global contractor companies with a strong presence in Middle East, Asia, West Africa, North Africa, FSU and Central Asia. It has a strong presence in the European region and the major part ... Read More
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