Supporting CSR Activities of Metallurgical Companies in the Czech Republic from EU Sources

Abstract

The paper is devoted to the issue of co-financing of socially responsible activities of metallurgical companies operating in the Czech Republic from EU funds. The goal of the authors of the article is to formulate recommendations for the conduct of companies in this sector of the national economy in the programming period 2014-2020 based on an analysis of projects supporting socially responsible activities of metallurgical companies in the period 2007-2013 and an analysis of relevant government documents and scientific studies. To begin with, the authors identify alternative areas of corporate social responsibility (economic, social, environmental, ethical and philanthropic area) and their activities. Consequently, they present a study aimed at co-financing of CSR activities in companies associated in Steel Federation, Inc. from EU funds in the programming period 2007-2013. Attention is focused on co-financing of CSR activities from Operational Programmes Environment, Human Resources and Employment, and Enterprise and Innovation, which can be considered crucial in terms of co-financing of these activities. Selected indicators are evaluated and inspiring projects identified that can be considered examples of good practice. At the conclusion, recommendations are discussed and formulated for practice of metallurgical companies operating in the Czech Republic, focusing both on the material and procedural aspects of the co-financing of projects supporting socially responsible activities of these companies from EU sources.