An investigation of the relationship between CSR strategies and public Essay

An investigation of the relationship between CSR strategies and public affairs in Hungary - Essay Example International guidelines, corporate best practices and a large volume of professional literature have together created the system which today is referred to as CSR. The relationship between CSR and public affairs (PA) has not been sufficiently studied (Nelson, 2008). This seems to be attributed to the fact that the world is coping with a number of complex global and local problems like poverty, population increase, the lack of drinking water, etc. and overcoming these problem poses an increasing challenge for nation states. The sustainability of the economic, social and natural environment is indispensable for the long-term, value creating operation of businesses (Nelson, 2008). As a result of these phenomena and processes, the interests and responsibilities of the state meet the interests related to the sustainable operation of businesses. According to Kargaci-Kovats (2012), CSR is still considered a novelty in Hungary. While, CSR was already a known concept in the country, its popularity gained momentum following the Hungarian Business Leaders Forum in 1990 when the forum made CSR one of their topics or agenda for discussion (Lakatos, 2013). The value of public affairs in CSR relates to the decree passed in 2006 in Hungary with the Promotion of Employers’ Social Responsibility alongside the creation of the National Council of Sustainable Development as supported by the Parliament, its delegates and business as well as science, civic, abd religious representatives. Through the council, various functions were considered. The first function refers to its role in informing the Government about sustainability risks in different proposed legislation and second, the council also takes part in supposting the national sustainability strategies (Lakatos, 2013). Even with political support and sufficient business engagem ent, there is still insufficient elaboration and clarity for Hungarian organizations on what CSR actually covers (Lakatos,

Essay Example | Topics and Well Written Essays - 500 words - 138

Essay Example The initiative was launched in 2004 for the companies who agree to follow minimum security procedures. As per this initiative, the companies need to allow audits to ensure that the security procedures are followed. The C-TPAT also enforces on importers that their vendors, suppliers and manufacturers are undertaking security audits on their businesses. The Container Security Initiative (CSI) is a Customs program initiated by the US government to inspect high-risk cargo at the foreign ports before shipping into the US. This necessitates on foreign ports to use tamper-free containers and screen all high-risk containers. Currently, 37 foreign ports follow CSI procedure of cargo security that constitute 60 percent of all the cargo shipped into the US each year. European Union cargo security rules did exist since 2003; however, the security rules and procedures have been further augmented making it effective from April 2010. The European Union has initiated air cargo security that aims at establishing the security control of consignments and securing supply chain. Accordingly, the cargo not handled by regulated authorities will be physically screened before its loading into aircraft. Various methods are used such as X-rays, physical checks, sniffer dogs or trace-detection. Every product must pass through customs where a multilayered risk management approach is applied that include an "Authorised Economic Operator" (AEO) program for traders. All members will have detailed monitoring system and regular checks on known consignors (European Commission, 2010). The secure supply chain in the European Union is identified as known freight forwarders that fall in the category of regulated agents. They are obligated to meet strict standards of controls such as background checks on staff, training aspects and legal compliance. This is to facilitate faster clearance without additional security controls such as screening. By end 2013,