How can companies be socially responsible




















Are the company's products ethically distributed, following Fairtrade policies, reducing transport distances, and reducing their overall company waste? Developing and maintaining an honest, trustworthy channel of communication is vital to corporate social responsibility. Doing what they say. A corporate mission should be more than just words, it should be carried out at every level of the company.

Making it public. Does the company make its performance numbers, reviews, and diversity meetings available for the public to see? Community Involvement Companies shouldn't limit support to well known, national non-profit organizations.

Free training or teaching for individual community members such as work experience that provides young adults with transferable skills. Providing gifts to local children during the holidays or any other special event. Many businesses often petition to allow vacant city-owned spaces to be converted into local parks and playgrounds. Visiting the elderly, planting trees, and general fundraising.

Company Culture A company needs to have ethical practices when they are dealing with external factors such as products and media perception. Here are a few characteristics of a good company culture that is socially responsible: Standardized practices.

As an employee, you have worked in various companies and environments where different principles and practices were both accepted and prohibited. This is why a socially responsible company will standardize its company culture ethics. This is usually done via a code of conduct or an ethical practice manual that all employees read, understand, and sign.

Trained employees. Employees can sometimes be intimated and fearful of senior employees, so creating a consequence-free environment is crucial. Enforce and praise. During the training process, you will have covered the potential consequences of breaking ethical practices.

It is then vital for the company to follow this protocol. Upholding these rules prevents an escalation of unethical practices and general team conflict. In the same way that they should diligently prevent unethical conduct, they should also reward ethical practices. Even just acknowledging good behavior reinforces company values.

Related Articles. Our Internship Rankings Are Here! View More. Related Content. There is not an industry that has not been affected by COVID, but one topic that hasn't often been at the center of the discussion is the impact of the pandemic on the nonprofit sector. View All. This question might seem strange coming from a Vault Law editor, since we are, after all, known for the Vault Law —a ranking of the most prestigious law firms in the U. While doing these things, continue to monitor new developments related to each category and keep a pulse on general public perception of issues associated with your company's CSR causes.

Additional reporting and writing by Nicole Fallon and Sammi Caramela. Some source interviews were conducted for a previous version of this article. What to avoid when creating a socially responsible business model. What Is Corporate Social Responsibility? Skye Schooley. Businesses that practice corporate social responsibility aim to improve communities, the economy or the environment.

Businesses, regardless of size, have large carbon footprints. Any steps a company can take to reduce its footprint is considered good for both the company and society. Philanthropy: Businesses can practice social responsibility by donating money, products or services to social causes and nonprofits.

Larger companies tend to have plentiful resources that can benefit charities and local community programs; however, as a small business, your efforts can make a big difference. If there is a specific charity or program you have in mind, reach out to the organization and ask them about their specific needs and whether a donation of money, time or perhaps your company's products would best help them.

Ethical labor practices: By treating employees fairly and ethically , companies can demonstrate CSR. This is especially true of businesses that operate in international locations with labor laws that differ from those in the United States.

Volunteering: Participating in local causes or volunteering your time and your staff's time in community events says a lot about a company's sincerity. By doing good deeds without expecting anything in return, companies can express their concern and support for specific issues and social causes.

Building a socially responsible business While startups and small companies don't have the deep financial pockets that enterprises have, their efforts can have a significant impact, especially in their local communities. What to avoid when creating a socially responsible business model Becoming a socially responsible business can be simple, though there are a few caveats.

Examples of CSR companies If you're looking for CSR inspiration for your business, here are six companies practicing corporate social responsibility on a large scale. Lego: The toy company has invested millions of dollars into addressing climate change and reducing waste. Lego's environmentally conscious efforts include reduced packaging, using sustainable materials and investing in alternative energy.

TOMS: TOMS donates one-third of its net profits to various charities that support physical and mental health as well as educational opportunities. Before you can start to give back, take an introspective look at your company and its values. Social change should come from everybody within the organization, not just from the top.

As you start to brainstorm ways to be more socially responsible, include everyone in your staff within those conversations, especially those of different backgrounds. Having a well-rounded and holistic view gives you a better idea of how to tackle these issues and how your involvement will directly bring change. Once you and your staff have discussed ways to make an impact, talk about what issues mean the most to your customers.

You can do simple research and analysis by engaging with your customer base and asking them what causes are meaningful to them through social media and email surveys. Discover which types of issues consistently come up with your customers and find organizations you can work with to tackle these issues. Every company wants to make an impact; however, a common downfall is being too broad or overreaching with your goals. As a group, establish realistic goals for how you can implement change on a realistic timeline.

This can be monthly, quarterly or annually and should have specific and attainable steps and goals. Be flexible with your social responsibility and know that you can pivot your budget, time and nonprofit partners. You can also change the issues and organizations you work with if you find an urgent issue that you'd like to contribute to. CO— aims to bring you inspiration from leading respected experts. However, before making any business decision, you should consult a professional who can advise you based on your individual situation.

CO—is committed to helping you start, run and grow your small business. Learn more about the benefits of small business membership in the U. Chamber of Commerce, here. Ways to make a difference include:. Brand and retailer apps will play a much larger role in holiday shopping this year—and you can bet that communicators will be on the hook to make sure their company and client app developers have their platforms ready to perform.

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