Professionalism—aiming at the highest degree of competence and proficiency in the execution of all our undertakings as leaders of our organizations. At a personal level, a commitment to continuous learning towards continuing improvement in ones knowledge and practice in the directing of enterprises. Integrity—which lies at the core of leadership and is characterized by honesty, truthfulness and straight forward dealing with every person under all circumstances.
Corporate Social Responsibility by banks Posted on by Banker As banks in the world including banking in kenyahave continued to make super profits in these hard times, they have embraced corporate social responsibility CSR Justification of Corporate social responsibility by banks The banks through Corportate social responsibility are giving back to the community to improve the communities in which they operate.
Corporate social responsibility is mandated in many countries for corporates. Banks have discovered that it is equally important for business growth apart from providing excellent customer service and even coming up with very innovative products.
It has therefore usual to see in the media banks highlighting their Corporate Social Responsibilities undertaken during specific periods. Benefits of Corporate Social Responsibility to the Bank Even though Corporate Social Responsibility is seen as of great benefit to the communities the banks also benefit from it.
Some of the benefits are listed below Loyalty by the existing customers due to corporate social responsibility. The existing customers are proud to be associated with the bank that is having a positive impact on the community and are likely to continue banking with them Corporate Social Responsibility helps a bank to attract new customers.
This is especially true for members of the community targeted by the bank.
The new accounts opened lead to business growth and new opportunities. Corporate Social Responsibilities boosts the morale of the existing employees as they are proud to be associated with such a bank. This pride in the employer increases employee productivity and reduces staff turnover resulting in reduced costs associated with hiring and training of new staff.
Corporate Social Responsibilities also singles out the bank as an employer of choice as most potential employees look to them as their ideal employer therefore they are easily able to acquire the best skills in the market.
People generally easily associate such a bank and learnt to trust the bank viewing it as the one that cares for the welfare of the community. Budgets must include the amounts that would be ploughed back to the community banks. Corporate Social Responsibility activities are important and cannot be ignored.5 Corporate Social Responsibility in Kenya: Reﬂections and Implications company ’ s existence and operations, the largest single manufactured export from Kenya is canned pineapple.
Above is a stakeholder diagram of the Westgate terrorist massacre in Kenya in [an example of the application of our CSR model] Who are we? MHC International Ltd (MHCi) is a social enterprise that focuses upon research and advisory services in.
A video that takes you through a visual journey of what children’s rights in business means; from the Convention on the Right of the Child to the Children’s Rights and Business Principles.
It makes the case for children’s rights in business including through the voice of business leaders. Corporate Social Responsibility in Kenya.
Kenya faces unique economic, cultural, social, and environmental challenges that influence CSR practices (Muthuri & Gilbert, Muthuri, J.
N., & Gilbert, V. ().
An institutional analysis of corporate social responsibility in Kenya. Journal of Business Ethics, 98(3), – About Our Program.
Since , Promega has reported on our commitment to and progress regarding sustainability. In addition, we have been active participants in .
Brooks Brothers is proud of its tradition of corporate giving and fundraising events to help a wide range on non-profit organizations.