Corporate Social Responsibility
What is CSR?
CSR is about the way an organisation behaves. A responsible organisation recognises that its activities have an impact on the society in which it operates. In response, it takes account of the economic, social, environmental and human rights impact of its activities and it seeks to achieve benefits by working in partnership with other groups and organisations.
This can bring real business benefits by reducing risk, by enhancing brand value, by opening doors and creating good will, and by improving staff moral and efficiency. It can also attract stable and ethical investment and add competitive edge. At the same time, this approach is one of the ways in which organisations can contribute to the overall goal of sustainable development.
Why is it important?
Large companies play an important role in the world around them and can have a major impact on people, the environment and other businesses. Smaller companies often have most impact on local areas where they have premises and staff.
The public, the press and other stakeholders rightly expect companies to minimise any negative impact - and to give something back to the communities they work in whether that be on a local or a global basis.
Who benefits?
Many people benefit from a businesses commitment to Corporate Social Responsibility - including the investors, the staff, the communities in which they operate and the people and companies they buy from and sell through. Looking after these people makes good business sense too.
Why should you get involved?
Companies that take these issues seriously not only achieve benefits to society; they can also enhance their reputation, improve competitiveness, and strengthen their risk management.
Thanks to www.opportunity-manchester.org.uk for this information.
