Corporate social responsibility

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Corporate social responsibility

• Pauliina Toiviainen
• Vantaa Energy

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PHARE CSRCES

• Applying Corporate Social Responsibility Concept
  and cross-border networking of local authorities
  and energy associations towards rational and
  sustainable energy use in the context of the
  enlarged EU

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Corporate social responsibility

• The Green paper, COM (2001) 366
• A concept whereby companies integrate social and
  environmental concerns in their business
  operations and in their interaction with their
  stakeholders on a voluntary basis.
• CSR is not an optional "add-on" to business core
  activities - but about the way in which
  businesses are managed.

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Corporate social responsibility

• How business takes into account its impacts on
  surrounding society and interest groups in the
  way it operates
• Business contribution to sustainable development
  goals
• Development which meets the needs of the present
  without compromising the ability of future
  generations to meet their own needs
• The simple idea of ensuring a better quality of
  life for everyone, now and for generations to
  come

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Economic responsibility

• Profitability
• Competitiveness
• Efficiency
• Meeting the return expectations of shareholders
• Quality products and services
• Risk management
• Security of energy supply

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Environmental responsibility

• Protection of water, air and soil
• Prevention of climate change
• Protection of environmental diversity
• Efficient use of natural recources

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Social Responsibility

• To take care of the personnels welfare, skills
  and motivation
• Product safety and Consumer protection
• Keeping up open interaction with interest groups
• Promoting good operation modes and cooperation

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Benefits

• CSR will be of strategic importance to ensure
  long-term business success.
• Symbiotic relationship between enterprises and
  society
• Sustainable growth
• Education and innovation
• Stronger commitment of employees
• Consumer confidence

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CSR Vantaa Energy

• Due to the basic energy needs of the society,
  development of core services is critical
• Development with vision and goals
• One of the values is environmental responsibility
• Focusing on locality households of city of
  Vantaa
• Reliability of energy delivery
• Improving the publics and the customers view of
  the operations
• CRS Reporting (GRI guidelines)