Sunday, May 24, 2020

The Proposed Corporate Social Responsibility - 1329 Words

Objective Washington Metropolitan region consists of some of the wealthiest and most educated people in the country. And yet thousands of people are homeless in the community. The proposed corporate social responsibility (CSR) program aims to reduce the homeless population in the region by implementing a financial education program in homeless shelters. Background According to Metropolitan Washington Council of Government (COG), as of 2014, there are 11,946 homeless individuals inhabit in Washington Metropolitan area. This region consists of Alexandria, Arlington Country, District of Columbia, Frederick Country, Loudoun Country, Montgomery Country, Price George’s Country, and Prince William County. Capital One is headquartered in McLean Virginia, which is the center for the Metropolitan area. It is our responsibility to get involved in local community issues. There are many different categories of homelessness in our community. HUD established four categories of homelessness. These categories are: (1) Individuals and families who lack a fixed, regular, and adequate nighttime residence and includes a subset for an individual who is exiting an institution where he or she resided for 90 days or less and who resided in an emergency shelter or a place not meant for human habitation immediately before entering that institution; (2) Individuals and families who will imminently lose their primary nighttime residence; (3) Unaccompanied youth and families with children and youthShow MoreRelatedCorporate Ethics Essay1520 Words   |  7 Pageslooking out for the best interests of shareholders (Cross Miller, 2012). The board of directors was designed to monitor executives, however in practice this is not always the case (Cross Miller). Obviously this is monitoring is a necessary duty. 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