What is CSR?

Corporate Social Responsibility is a form of corporate self-regulation integrated into a business model

Corporate Social Responsibility

CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms. With some models, a firm’s implementation of CSR goes beyond compliance and engages in “actions that appear to further some social good, beyond the interests of the firm and that which is required by law”. The aim is to increase long-term profits and shareholder trust through positive public relations and high ethical standards to reduce business and legal risk by taking responsibility for corporate actions.
Proponents argue that corporations increase long-term profits by operating with a CSR perspective, while critics argue that CSR distracts from businesses’ economic role. A 2000 study compared existing econometric studies of the relationship between social and financial performance, concluding that the contradictory results of previous studies reporting positive, negative, and neutral financial impact, were due to flawed empirical analysis and claimed when the study is properly specified, CSR has a neutral impact on financial outcomes.

What we do

  • Collect and organise all the relevant data, both historical (normally a year`s worth) and current, on a client`s social policy activities

  • Prepare reports in accordance with the sustainability reporting standards

  • Distribute the reports among stakeholders (e.g. the media, shareholders, investors)

  • Prepare public presentations on the company`s CSR performance

  • Develop and implement action plans to ensure sustainable growth in line with the company`s policy based on a dialogue with stakeholders

  • Provide full support in CSR audits

  • Compile dedicated reports for key stakeholders, such as investors and shareholders

Stakeholder map

CompanyCreditorsGovermentIndustry
Players
Local
Communities
MediaRegulatory BodiesCompetitorsUnionsLobby GroupsSuppliersCustomersBoard of DirectorsManagements
and Staff
Shareholders