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1Introduction In this paper we draw attention to the concepts of Corporate Social Responsibility CSR its emergence factors and its mounting importance to a companys survival Having the focus on Asia Pacific Region we will further highlight the growing demand for CSR in this region The basis that drives the urgency to study this topic is due to the fact that CSR is becoming more significant important and critical to a companys success Knowledge of CSR is essential for all companies on the globe Additionally this paper will delve into an Asia Pacific Company Manila Electric Company Meralco devoting to evaluate their CSR responsibilities accomplishment based on the Carrolls Four-Part Definition of CSR At the same time corresponding stakeholders interest and involvement to particular issues will be identified to enhance our understanding of the various impacts that different stakeholders will experienced under different circumstances This paper will be providing an in-depth study on Meralco and will be concluded with an overall assessment of the Meralcos CSR performance 2Corporate Social Responsibility CSR CSR generally refers to business decision-making linked to ethical values compliance with legal requirements and respect for people communities and the environment A company that follows CSR will operate its business in a manner that meets or exceeds the ethical legal commercial and public expectations that society has of business This involves having a comprehensive set of policies practices and programs that are integrated throughout business operations and decision-making processes that are also supported by the management 21Developments of CSR The primary driver for CSR originated from United States and Europe in the 70s and 80s from campaigns run by activists groups such as Greenpeace and Friends of the Earth Their actions have successfully changed the government and companies perspective on the necessity for CSR On a business perspective it recognizes the importance of reputation capital for capturing and sustaining markets As a result CSR is viewed as
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