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    Making a Business Case out of CSR: Tips

    Every company understands differently the meaning of Corporate Social Responsibility. However, CSR encompasses four basic elements: The company behavior towards its employees, the market, the society and the environment. In a sense, companies through CSE do nothing more but to return a part of their revenue to society and the environment they operate into. As companies are a part of society, they derive from it all the capital necessary for their operation, either human or environmental. Some companies decide to develop a code of conduct, in which they analyze a set of actions towards the society and the environment. Others take voluntary action in aid of the environment, society or sensitive social groups.

    But there are various fields in which a company can encompass Corporate Social Responsibility. Below are some tips for what could companies do to move towards that path.

    Working conditions:

    • Manage effectively its human resources, through equal opportunities and trainings
    • Manage effectively its human resources, through equal opportunities and trainings
    • Offer social insurance programs
    • Renovate sanitary facilities and always keep them clean

    Market:

    • Protect the consumer
    • Rational pricing of the offered products and services
    • Ensure product quality and safety

     Society:

    • Support cultural and sports events
    • Support NGO’s
    • Support socially sensitive groups
    • Support education

    Corporate Ethics:

    • Anti-corruption measures
    • Active participation of all board member in the decision making process

    Environment:

    • Reduce waste
    • Recycle
    • Reduce energy consumption
    • Environmental friendly investments

    If you want to learn more about what you can do  to build a CSR strategy for your organization, please visit our website