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What are big companies doing in order to be more socially responsible?
In order to be more socially responsible, the big companies are not cutting down their Corporate Social Responsiblities (otherwise known as CSR). The Communication group in Singtel's CSR is divided into 4 parts which supports initiates focusing in -Youth and Education, Environments which aims to reduce the carbon emissions and cut down the usage for paper, Market Place- which involves the corporate governance, and lastly the Workplace- which provides learning and develpoment opportunities and quality work-life balance for its staff. By all these actions taken, i think that the big companies would not loose much profit. If they maintain throughout to be socially responsible, they will earn.
Question 2
How important it is to be socially responsible? And do you think it is still possible to make a social impact during the recession?
It is vety important to be Socially Responsible as it does not affect one but also affect others. Towards a sunstainable and succesful nation, it's essential to serve people with responsiblity. Only then people will be satisfied. Even during the reccesion, it's still possible to make a social impact . The government should be supervising the corporation and employees to be more responsible.