Task Details: Corporate SocialResponsibility (CSR) of commonwealth.I just need 800 to 900 words andOn CSR of commonwealth bank ausINTRODUCTIONEXECUTIVE SUMMARYCSR INITATIVES BY COMMONWEALTHAND...

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Task Details: Corporate SocialResponsibility (CSR) of commonwealth.I just need 800 to 900 words andOn CSR of commonwealth bank ausINTRODUCTIONEXECUTIVE SUMMARYCSR INITATIVES BY COMMONWEALTHAND REFRENCE
Answered Same DayMay 02, 2021

Answer To: Task Details: Corporate SocialResponsibility (CSR) of commonwealth.I just need 800 to 900 words...

Subhalaxmi answered on May 05 2021
150 Votes
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES BY THE COMMONWEALTH BANK
Table of Contents
Introduction    3
Executive summary    3
CSR initiatives by the Commonwealth Bank of Australia    3
Financial education    4
Community contributi
on    4
Good business practice    6
References    7
Executive Summary
The Commonwealth Bank of Australia was set up in 1911 and initiated its operation in 1912. It is recognised as the people’s bank and always assist the people in their financial wellbeing. The bank takes initiative to help the economy flourish and people proper. The corporate social responsibility of the bank includes a threefold approach that focuses on monetary education community contribution and proper business practice. The bank tries to include every person in CSR activities. The bank has been recognised by the Dow Jones Sustainability Index (DJSI) because of itsfeasible practices. In addition, Comm Bank is listed on the FTSE4Good Index because of its strong ESG practices.
Introduction
Founded in 1911, Commonwealth Bank was established under the Commonwealth Bank Act. Its prime objective is to combine effective system and advanced technology to provide the best possible outcome for the customers. To refine and upgrade the financial wellbeing of the customers and society is their main motive. Commonwealth Bank strives to achieve a balanced and sustainable outcome and follows a 360-degree approach. It has a wide array of CSR initiatives undertaken for the customers, shareholders, employees, and the community as a whole.
CSR initiatives by the Commonwealth Bank of Australia
Commonwealth Bank provides a wide variety of financial services to secure the monetary welfare of Australia’s people, communities, and businesses. It is the main financial institution in Australia and has a prime market share in home lending. The customer base of the bank has the highest share of young people and migrant segment and the bank caters to 17.4 million customers. The workforce constitutes of 48,238 employees and haspeople from diverse cultures, and this is more than the Australian population (Commonwealth Bank, 2019).
Corporate Responsibility of the bank has been designed to cater to the people, community, customers, and shareholders. The CSR...
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