Pick N Pay Corporate Social Responsibility
Corporate social responsibility (CSR) is a corporation's sort of obligation to assess and take responsibility for the company's effects on environmental and social wellbeing. CSR is a sort of business approach that is aimed at encouraging companies to be aware of the impact their business has on the rest of society, this is including their stakeholders and the environment, in essence it contributes to sustainable development. CSR is a concept that has various definitions and practices. The way it is understood and implemented differs greatly from company to company and each country. CSR is a broad concept that addresses many and various topics such as: • Human rights • Corporate governance • Health and safety • Environmental effects • Working …show more content…
They believe that sustainable enterprise development can reduce and better conditions of poverty and unemployment through economic empowerment and uplifting the quality of life of disregarded and disadvantaged developing entrepreneurs. Pick n pay has shown effectiveness of the CSR program by linking emerging and developing farmers to the Pick n Pay Stores. This has helped tremendously because the most challenging area for emerging farmers is the market access. Pick n pay has provided guidance and on-going mentorship for communities that run enterprises. This will especially help poor communities with their projects and activities in assisting them to be a success. Some retired Pick n Pay executives and successful business people are assigned to small-scale entrepreneurs as supporters and helping hands to ensure the limitation of punitive mistakes. The association between the public and the private sectors in terms of linking small enterprises to formal markets has added to the contribution of increasing entrepreneurship in
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