Corporate social responsibility (CSR)
What is CSR?
Corporate Social Responsibility (CSR) – is the term most frequently applied to the voluntary integration of social and environmental concerns into business practice. It’s about being a responsible business and having a positive impact on your community and society. The EU Commission defined it as “the responsibility of enterprises for their impacts on society”.
CSR is about running a business in a responsible and sustainable manner, and contributing to the local community.
Multinational companies tend to have policies, managers and even whole departments dedicated to CSR. However, SMEs are just as ethical and charitable as their larger counterparts, they just tend to spend less time quantifying and publicising it.
CSR is about treating your staff and customers well, being environmentally friendly and working to improve the local community.
‘Towards Responsible Business’ is Ireland’s National Plan on Corporate Social Responsibility 2017-2020. Click here for full publication.
ISME CSR Publications:
Why should I care about CSR?
Research has shown that a businesses can benefit from CSR. It tends to increase productivity and motivation levels, improves customer satisfaction and loyalty, strengthens the company reputation and can lead to good publicity. CSR policies are also increasingly becoming important in public procurement tendering.
How can my company engage in CSR?
It’s likely that you already are conducting many elements of CSR such as being environmentally friendly, offering staff extra training, sponsoring local teams, donating to charities, raffles and schools, volunteering your own time and allowing staff to volunteer on company time.
If you are not active in CSR, or you want to expand your work in this area, ISME encourages you to think local and utilise the experience and skills of your business. Choose a partner charity or project and decide what resources and time you can give. Get staff involved and make it a team effort.
Your CSR programme should promote and strengthen your business, as well as making a genuine contribution to the community.
How well does your business engage in CSR activities?
Find out by taking a few minutes to complete this CSR questionnaire. Receive your company’s CSR rating, and links to further supports and guidance. Please be assured that the details you provide will be treated in the strictest confidence. Click here.
The CSR Hub Ireland
The CSR Hub is an initiative of the Department of Business, Enterprise and Innovation and the Corporate Social Responsibility (CSR) Stakeholder Forum which ISME is a member of.
The CSRhub is a one stop shop for information on all aspects of CSR in Ireland. It includes guidance and resources on taking the first steps towards CSR, Case Studies, latest news, minutes from the CSR Stakeholder Forum Meetings and more.