Asia- Pacific CSR Activities Market - Growth, Trends and Forecasts (2017 - 2022)
CSR spending in Asia Pacific region by 200 companies out of 500 fortune companies of the word is around $2767m, this figure is much bigger if we consider domestic companies spending on CSR in all Asia Pacific countries.
In recent years, increasing attention has been given to the concept of Corporate Social Responsibility (CSR) in Asia Pacific region, defined in terms of the responsiveness of businesses to stakeholdersâ€™ legal, ethical, social and environmental expectations. Asia pacific is the largest growing market of the world. It is the business hub of many international giants as well as domestic big corporate players. This report is providing broad landscape of CSR activities done by all international and domestic companies in Asia pacific region.
This report also found that there is a lack of information in the marketplace about CSR in Asia. There is often a misconception of what businesses in the region are doing (or not doing) in terms of their CSR activities. The report has found that industry captains and business managers in Asia Pacific place sustainability and corporate social responsibility (CSR) high on their firmâ€™s priority list but this is not necessarily translating into action, with many citing cost as the biggest obstacle. The aim of this report is therefore to present a view on the current position in Asia, CSR drivers, obstacles, opportunities and legislative laws related to CSR country wise.
There are huge opportunities for rolling out CSR practices in Asia and carefully planned initiatives can bring beneï¬ts for communities and beneï¬ts for business. Businesses operating in Asia need to understand the context of CSR in the region. There is a need to assess the materiality of operations and impacts on the environment and society. Here stakeholder engagement is important in understanding what is relevant and to whom. Linking initiatives to brand and reputation creates a strong business case for CSR and all these are the key drivers of the CSR activities in Asia. All these factors are well analyzed in this report.
We also analyzed key problems associated with CSR in Asia, just for example, how government is inefficient to enforce CSR laws, neutral behavior of corporate and local community in CSR activities and most important lack of local efficient NGOs availability to perform CSR activities in support of companies. This report providing complete solution of above problems as well as complete information regarding best NGOs working in Asia pacific region.
There are several laws and guidelines for CSR activities internationally and domestically, and here we are providing complete information of all international guidelines as well as country wise domestic laws and regulations in details. It will help any company to conduct CSR activities in any part of Asia without any hassle.
Many organizations are confused between CSR and philanthropy, in broad scene philanthropy is the part of CSR activities. There are four main types of CSR activities for any organization and those activities are Ethical, Legal, Social, and Economical. Philanthropy is part of social CSM activities. This report is having detailed discussion on all types of CSR activities that a company can perform in Asia.
This report is having very vast application and geographically we have covered total 18 countries including China, India, Korea, Indonesia, Japan, Singapore, Malaysia, Australia, Vietnam, Pakistan, Sri Lanka, Bangladesh, Thailand, Nepal, Philippines, Mongolia, Hong Kong and New Zealand. We also included demography of these countries, domestic laws for CSR, information about international and domestic market players who are doing CSR in particular country and complete directory of several NGOs that can help any organization in conducting all types of CSR activities.
In this report we offer-
In depth analysis of Asia Pacific CSR activities , its kind, presence, importance and impact on country
Definitionof CSR along with key drivers and restraints and opportunities
In-depth analysis of various tools and tactics through which a company can conduct CSR activities
Broadinformation about rule, regulations and laws relatedCSR activitiesin various countries
Analysis of long term benefits of CSR activities for company
Country wise demography, analysis of major CSR activities, major global and domestic players in CSR activities
Directory of NGOs Country wise, which will help any company to contact NGOs andconductingof CSR activities