Corporate social responsibility
In order to stay competitive in today's market, you might want to consider where corporate social responsibility fits into your operations.
What is corporate social responsibility?
A growing number of businesses have recognized an increasing consumer demand for products and services from organizations that take responsibility for their impact on the environment, the communities where they operate, their employees, their stakeholders and the general public.
As a good corporate citizen, your business decisions will be aligned with an ongoing effort to make every impact of your business positive. For example, you may consider implementing innovative environmental measures into your operations, or developing a community outreach program that provides a needed service to less fortunate members of the community.
Corporate social responsibility comes in many forms. Your active attention to it will affect your business' conscience, as well as your bottom line.
For more information on corporate social responsibility, check out the following resources:
- CSR toolkit
Learn how your business can integrate corporate social responsibility principles and practices that help promote innovation and sustainability.
- Corporate Responsibility
Find out more about corporate responsibility including its potential impact on consumers and investors.
- Corporate Social Responsibility — International Trade
Find resources on Canada's Corporate Social Responsibility (CSR) strategy and anti-corruption and bribery information to help you use CSR practices when doing business abroad.
- Environment and business
Find environmental programs and resources that could help improve your business.
- ISO 26000 - Social Responsibility
If you would like your business to be recognized for its social responsibility, you should follow the ISO SR26000 standard.
- SME Sustainability Roadmap
Learn how this tool can help you manage your environmental impact.
- Social Innovation Generation
If you are an innovative social entrepreneur, you may get support through a variety of initiatives for ventures that have a social and/or environmental impact.
How can you implement corporate social responsibility into your business?
Implementing corporate social responsibility into your business is a serious commitment. You may have to make some operational changes in order to effectively adopt this approach. Like structuring many aspects of your business, incorporating corporate social responsibility will require that you do a fair bit of research and planning. You will need to have a strong vision of what you want to achieve, and an equal understanding of how to go about it.
In the meantime, if you're eager to begin practising corporate social responsibility right away, try to think of small changes you can make around your place of business that will have a positive impact in the community. A great way to begin is to engage your staff in the process: employees at all levels are likely to have ideas that can put you on the pathway to corporate social responsibility.
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