Firms have responsibilities to societies including economic, legal, ethical and discretionary (or philanthropic).
Social Contract – There is a tacit social contract between the firm and society; the contract bestows certain rights in exchange for certain responsibilities.
Stakeholder Theory (Freeman, 1984) – A stakeholder is “any group or individual who can affect or is affected by the achievement of an organisation’s purpose.” Argues that it is in the company’s strategic interest to respect the interests of all its stakeholder
Sustainable business development does not come about of its own accord. Rather, commitment to sustainability demands that corporate processes be reliably controlled and that everyone’s actions – in finance as much as in environmental and social areas – be coordinated. Prerequisites for this are binding guidelines, unambiguous corporate goals and a clear organizational structure.

Brief Description about the Organization:

People for Human Rights Council (NGO) is regularly promoting Human Rights literacy and awareness in the society by targeting the rural and backward areas of the country. Human rights and legal rights literacy and awareness is one of the main missions of (PHRC) with the help of the National Human Rights Commission New Delhi and State Human Rights Commission. PHRC is    working under the Protection of Human Rights Act 1993.This organization is always ready to take legal action and raise voice against the human rights violation and corruption prevailing in the state agencies, police and society with the help of the National Human Rights Commission and State Human Rights Commissions by filing the complaints Under Section 12 read with section 2 (d) sections  13(1) and 17(2) of Protection of Human Rights Act 1993. We promote education, digital literacy, vocational training and legal awareness.

Aims and Objectives:

The project aims to develop a school for basic education especially in terms of English language and Computers to the unreached areas and to develop their interpersonal skills. The project would be targeted for the children who are unable to afford quality education and are below poverty line. With this aim the following objectives are laid down:

1) To develop a facility for quality education

2) To reach out the remote areas where basic education and amenities are unavailable

3) To provide the quality education to the poverty stricken students and develop their interpersonal skills

4) To provide them with the basic separate hostel facility for boys and girls

5) To provide a 24 hour library for students

6) To provide them with the space/ Auditorium for recreational activities

7) To provide a separate pool (50% seats) for beggars and tribal students

Project Description: This project aims at spreading education in the rural areas surrounding INDIA.  The project’s direct beneficiaries are the Children and uneducated pupils who have been denied education due to circumstances they faced in their lives. It has its goal of targeting the optimum level of education which is required to make these people self efficient.