Vinita Bali, former managing director and chief executive officer of Britannia Industries, was in the city on Wednesday to be part of the lecture on ‘Social Responsibility of Business ‘ organised by Pune International Centre (PIC).
Sharing her views, Vinita Bali emphasised that a socially responsible business is one which makes profit through serving society.
Social responsibility of a business cannot be confused or equated with corporate social responsibility (CSR), said Vinita Bali, former managing director and chief executive officer of Britannia Industries.
Bali was in the city on Wednesday to be part of the lecture organised by Pune International Centre (PIC). Bali spoke on ‘Social Responsibility of Business’ at the program held at Mahratta Chamber Of Commerce Industries and Agriculture (MCCIA). Also present on the occasion were Vijay Kelkar, vice-president, Pune International Center (PIC) and Satish Pradhan, former chief and executive vice-president, Group Human Resource, Tata Sons Limited.
Sharing her views, Bali emphasised that the social responsibility of businesses is not just about corporate social responsibility. She said that a socially responsible business is one which makes profit through serving society. “Profit is not a bad thing. If it can be generated while addressing the problems that communities face, then it is a socially responsible way of doing business. Social responsibility is how businesses conduct itself. In every business, there is an element of social responsibility which needs to be understood,” said Bali.
Article Source: Hindustan Times