Employee engagement, community clean-ups, charitable giving, tree planting, and environmentally friendly packaging are just a few of the many examples of socially responsible initiatives.
These socially responsible initiatives support and sustain the Corporate Social Responsibility (CSR) of any business. CSR is voluntary action or effort which a company makes to conduct operations in accordance with environmental, social, and economic sustainability. CSR is self-governed or self-regulated, and it is embedded into the business model. It is growing in popularity and being noticed by customers as a valuable facet of any business, no matter their size or specialty.
Though CSR has the word corporate within it, this is not something that is limited solely to corporations. Businesses of every size can be socially responsible, and promote their efforts as such. In fact, businesses of all sizes will benefit greatly from making the shift to operating in a more socially responsible manner since the ripple effects of their actions are likely to drum up more business in the long run and help them retain a more committed employee and customer base.
Since CSR is voluntary, there is no rule book or concrete definition of how to conduct social responsibility through your business ventures. So long as the actions fall within the categories of environmental, social, and economic sustainability, a company can get as creative as they would like.
In this blog we’ve covered the “what” of CSR with just a few examples of environmental, social, and financial sustainability. Next time we’ll look into how to promote your actions and efforts to your customers, team members, and the community at large.
Looking to team up with One Tree Planted to carry out environmental sustainability? Click on the image below to create your very own company page as a Reforestation Partner.
What does your company do to bring CSR into the business? Comment below or connect on Social Media!
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October 2016 marks the 2nd ever Campus Sustainability Month which officially kicked off on the 1st of the month. Since 2003, Campus Sustainability Day has been celebrated internationally, however in 2015; the events flowed over to fill the calendar for an entire month.
In the world of business, the Triple Bottom Line or TBL refers to balancing an equation of people, planet, and profit.
In previous blogs, sustainability has been approached in a few different ways. Looking at it from a personal perspective, business perspective, and a broader global perspective, the topic has been covered from various angles.