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CSR – what does it mean to us?
Our view of CSR is simple. It is all about HOW you do business!
There are many terms used for this, CSR being one – which comes from the
phrase Corporate Social Responsibility but it is also known as Corporate
Responsibility (CR) and Sustainability to name but two. Whichever phrase
you or your business uses, it is accepted that it is about creating a
strategy that reduces any negative impacts whilst maximising your
positive impact from operations.
In this day and age businesses have many stakeholders and, regardless of
your size, those stakeholders will play a part in your development. The
ongoing engagement with those stakeholders will be a key factor in the
future success of your business.
There are four widely accepted motivations for developing an approach to
CSR and whichever is your primary motivation, finding a balance between
them is vital. These four motives, for us, are:
Morally Right to do | Sustainability
| Licence to Operate | Reputation
When thinking about these motivations it is important to also understand
that any approach should be mindful of focusing on the conflicting
interests that may exist between your business and your stakeholders.
This will then avoid programmes and initiatives that do not realise all
of the potential benefits for your business and those stakeholders.
We like to think in terms of developing an approach that benefits all,
recognising and building upon the inherent links between business, their
communities and beyond. Without strong, growing and thriving businesses
we cannot have strong, growing and thriving communities and vice versa.
The term ‘sustainability’ sits at the centre of all that we do,
thinking about the ‘triple bottom line’ we ask our clients to
think about the Economic, Social and Environmental
impacts of their processes and decisions. The consideration of these
three elements seeks to ensure the longevity, sustainability and
ultimately the success of any programmes.
If you think like us and would like to learn more about how we can help
you and your business then get in touch. We would welcome the
opportunity to discuss how we can help you develop your CSR strategy. |