Question

Beaver Valley Oil Refinery produces various grades of petroleum products at its refinery operations. All of the following may be considered an initiative undertaken as a part of the company's CSR efforts except a.donating heating fuel to the local community center so that it can host more community events and expand its outreach to the rural populations outside the city limits b.investing funds in equipment to conserve water at all refinery operations c.installing equipment to reduce greenhouse gas emissions at its refinery operations d.providing training to the accounting staff so they better understand FASB requirements for applying accounting standards for financial reporting

Answer 1

Investing funds in equipment to conserve water at all refinery operations

Step-by-step explanation:

Corporate social responsibility (CSR) involves the various duties that organisations impose on themselves in various fields such as the economy, environment, overall well-being of the employees. It can also be described as the various efforts made by a company for the benefit of the society as well as an improved brand name.

A properly implemented CSR effort can lead to increase in sales, higher profit margins, increase in productivity, an excellent brand image, stronger customer relationship, increased operational cost saving.