Reps consider Efforts To Encourage, Enforce CSR By Companies [Video]

Corporate Social Responsibility is a business model through which organisations make deliberate efforts to give back to the environment of their operations.

While it improves the society, CSR promotes a positive brand image for the company.

Over the years, host communities of organisations have cried out, complaining about neglect , leading to loss of livelihoods, heath challenges and infrastructure deficit caused by  the operations of companies in their vicinity.

It is in achieving a win win situation for companies and host communities that the House is considering regulations and sanctions and enforce compliance  to corporate social Responsibility.

The Committee also talked about the urgent  need for the regulation of CSR in the country.

But it is worried about the attitude of some companies to ignore its invitations, they warn that there will be consequences.

At the technical session, government and privately owned corporations bare their minds on the proposed bill …