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Asia- Pacific CSR Activities Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4384936
  • Report
  • 115 pages
  • Mordor Intelligence
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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 stakeholders’ 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 firm’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 benefits for communities and benefits 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.
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1.1 Definition of the CSR
1.2 Research Methodology
1.3 Report Description
4.1 Introduction
4.2 Drivers
4.2.1 Institutional drivers( Increacing government action in Asia to guide or legislate CSR activities)
4.2.2 Corporate drivers( Reputation and brand image building through CSR activities)
4.2.3 Transparency and accountability drivers (Investors are concerning issue or social and enviromental responsibility)
4.2.4 Media Drivers( especially social media is playing good role in driving CSR activities)
4.3 Restrains
4.3.1 Inefficiency of Government to enforce the low
4.3.2 Non-availability of well-organized NGOs in remote and rural areas
4.3.3 Lack of statutory guidelines to give a definitive direction to CSR initiatives(except in India)
4.3.4 Lack of consensus amongst local agencies and community regarding CSR projects
4.4 Opportunities
4.4.1 Easy to get social licencing
4.4.2 Easy to accessing and penetrating in world's largest market and establisment
4.4.3 To create brand awareness and promotion through CSR
4.5 Types of CSR activities
4.5.1 Ethical responsibility (Adopt Voluntary codes of governance and ethics)
4.5.2 Legal responsibility (Ensure to follow lows of particular country)
4.5.3 Philanthropic responsibilty Promotion of education Gender equity and women empowerment Eradication of extreme hunger and poverty Reducing child mortality and improving maternal health Combating HIV-AIDS, malaria and other diseases Environmental sustainability Employment enhancing vocational skills Contribution to Prime Minister’s relief fund and other state and central funds Social business projects
4.5.4 Ecnomical responsibility
5.1 UNGC Guidelines
5.2 The UN Guiding Principles
5.3 ILO’s tripartite declaration of principles
5.4 OECD Guidelines
5.5 Institute of social and Ethical Accountability Guidelines
5.6 Social Accountability International (SAI) Guidelines
5.7 ISO 000: Social responsibility Guidelines
5.8 The SROI Network Guidelines
5.9 LBG model Guidelines
5.10 Company act 0 (applicable in India only)
6. CSR IN ASIA PACIFIC COUNTRIES (including Demography, Regulations, Global companies contribution in CSR, Directorry of NGOs working in Perticular country)
6.1 China
6.2 India
6.3 Republic of Korea
6.4 Indonesia
6.5 Japan
6.6 Singapore
6.7 Malaysia
6.8 Australia
6.9 Vietnam
6.10 Pakistan
6.11 Sri Lanka
6.12 Bangladesh
6.13 Thailand
6.14 Nepal
6.15 Philippines
6.16 Mongolia
6.17 Hong Kong
6.18 New Zealand
7.1 Abbreviations
7.2 Sources
7.3 Bibliography
7.4 Disclaimer
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