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Corporate Social Responsibility initiatives are programmes implemented by a company for the communities around its premises, for society at large, or for contributing towards environmental protection and conservation. An analysis of the reported Corporate Sustainability Initiatives for the top 100 companies revealed that more than 90% of these companies had developed codes of conduct as well as internal policies. Companies can adopt various voluntary principles and codes of conduct that are relevant to them and are designed for their specific sectors and industries. The International Organization for Standardization (ISO) has developed the ISO 14000 series and the ISO 9000 series for Environment Management System and Quality Management, respectively, which are certification schemes that can be applied by companies. Major manufacturing companies have their own research and development centres to conduct research on improving their manufacturing processes in order to conserve energy and water, remove toxic elements, improve packaging and product development, and so on. |