Your Business & Corporate Social Responsibility

Your Business & Corporate

Social Responsibility

Corporate social responsibility (CSR) is

running a business in a manner that adheres

to ethical, legal, commercial, and public

expectations that society has of businesses

CSR is often carried out through a

number of philanthropic activities, such

as donating money to causes or offer the

business’s expertise free of charge

There are many reasons why your business

should embrace CSR or better, embedded it

into the business model for the long term

• Reduce Costs

Practice CSR means that your business will

have to reduce resource use, waste, and

emissions that are bad for the environment

Not only is this good news for the

environment, it’s also good news for your

business because you will save money

from doing so

• Boost Reputation

Investors and consumers alike often show

more favour for firms who carry responsible

policies

Socially responsible activities that involves

giving back to the community can also

generate positive press coverage and help

to improve a business’s relationship with

local authorities

Good reputation can

also make it easier

your business to attract

& recruit higher quality

candidates on the job

market

• More Chances for Growth

By taking part in activities outside of

their usual work routines, your

employees will have the chance to

enrich their own perspectives,…

… contribute to what they are passionate

about, and possibly obtain new skills that

could be useful to them in the workplace

If your employees feel motivated, their

productivity will increase accordingly, and it

will also make it easier for you to retain them

One thing to keep in

mind is that, being

socially responsible is

not something that

you can do on a wimp

for more attention

If you don’t want to receive negative

results when doing CSR activities,

committed on doing it on a regular basis

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Questions, Comments or Clarification?

Contact: Maverick Mentoring For Business

Email: peter@maverickmentoringforbusiness.com.au

Phone: 61 3 9005 8275