Social Audits
Building the Case for Social Responsibility
Previous
Next
-
Perception Reasons
-
Business partners, suppliers, and customers
favor doing business with reputable organizations.
-
A good image attracts potential employees,
especially in competitive hiring modes.
-
Government and public groups may be more
accommodating or open on community impact issues.
-
Donors and volunteers are more willing to
contribute if the not-for-profit supports the same values they do.
-
Business Reasons
-
Philanthropic programs can open new markets.
-
Strong employee support services help reduce absenteeism and
turnover and improves employee productivity.
-
Community involvement helps a strong corporate culture, which
results in innovation, higher quality and more commitment.
-
Future competitiveness and success depends upon the health of the
communities in which the business operates.
-
Well-defined ethics programs can protect against legal exposure,
fines and sanctions.
-
Environmental management increases efficiency in materials and energy
use, thus, lowering costs.
-
Monitoring social responsibility can prevent fraud and
organizational wrong-doing.
-
Altruistic Reasons
-
“It is the
right thing to do.”
-
“We have an
obligation to share our success.”
-
“We have a responsibility
to give something back to the community."
|
|