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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: [email protected]
Phone: 61 3 9005 8275
