Barriers to the Implementation of Strategic Corporate Social Responsibility in Shipping☆

Strategic corporate social responsibility (CSR) includes voluntary practices in social and environmental activities to meet the needs of company stakeholders to generate profits. Companies, particularly shipping industry companies, often face challenges in implementing strategic corporate social responsibility. Therefore, this white paper is aimed at identifying, ranking and discussing barriers to implement strategic corporate social responsibility in shipping. A series of obstacles was first confirmed from the review literature. After that, we investigated 600 shipping companies in Singapore and analyzed the collected data using the structural equation model. The result is a lack of resources, lack of strategic vision, lack of measurement system, high regulatory standards and low willingness to pay for corporate social responsibility is a major obstacle to the implementation of strategic corporate social responsibility It is shown that. The survey results show that the practice of strategic corporate social responsibility depends on the degree of corporate macro and micro environment, although the degree is low. Understanding these potential barriers helps companies improve the chances of circumventing or overcoming these barriers and successfully executing strategic corporate social responsibility.

This report shows the benefits of corporate social responsibility, important issues of corporate social responsibility, and fulfilling corporate social responsibility. The purpose of this white paper is to analyze Nokia using the corporate social responsibility model and judge what Nokia's CSR strategy is like. This report is divided into four parts. Section 1 Outline of Corporate Social Responsibility, Section 2 Implementation of Corporate Social Responsibility, Section 3 Nokia's Corporate Social Responsibility Model, Section 4

Strategic corporate social responsibility (CSR) includes voluntary practices in social and environmental activities to meet the needs of company stakeholders to generate profits. Companies, particularly shipping industry companies, often face challenges in implementing strategic corporate social responsibility. Therefore, this white paper aims to identify and rank and discuss the barriers to implement strategic corporate social responsibility in shipping. A series of obstacles was first confirmed from the review literature. After that, we investigated 600 shipping companies in Singapore and analyzed the collected data using the structural equation model. The result is a lack of resources, a lack of strategic vision, a lack of measurement system, advanced regulatory standards, and low willingness to pay for corporate social responsibility are major obstacles to the implementation of strategic corporate social responsibility It shows that there is.

Corporate Social Responsibility Delivery Mechanism: Businesses use different methods to manage corporate social responsibility. Some companies have established strategic partnerships with other companies to implement CSR policies and initiatives, others are cooperating with NGOs that effectively participate in social services. Social responsibility and some people continue to manage CSR from within the organization by developing a dedicated CSR department or through other departments. According to a survey conducted by the PHD Chamber of Commerce for the top 50 companies, about 40% of the companies surveyed establish non-profit organizations to manage and implement CSR initiatives, the remaining 60% manage internal controls I will. Efforts toward corporate social responsibility. According to the survey, it is owned by about 48% of companies.

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