What is corporate responsibility?
Business integrity isn’t just about what happens inside the four walls of your company. As business activity becomes increasingly global, its impacts on others expand accordingly.
Corporate responsibility (CR) – often referred to as corporate social responsibility (CSR), sustainability, or corporate citizenship – focuses on business impacts on society. Once marginalized by critics as an indulgence for “green” executives, more and more corporate leaders recognize CR as being increasingly central to business success.
Your organization’s reputation is at stake
Communicating with stakeholders has become a critical expectation in today's business world. Stakeholders want to know how you operate your organization and what impact those operations have on the environment and on the communities in which you do business. We will help you evaluate these factors and deliver the information in a clear and concise way.
Corporate Responsibility Assessment process and tools
In order to help clients enhance their reputation as a responsible organization with their stakeholders, Global Compliance’s in-house expert advisors at the Ethical Leadership GroupTM (ELG) begin by performing a Corporate Responsibility (CR) evaluation to help organizations understand gaps in their CR program, including issues in data collection and management as well as the program's cost effectiveness.
Based on the outcome of this assessment, the expert, in-house advisors at ELG formulate a CR report that benchmarks the client’s profile against that of other relevant organizations. To address any gaps between the current and desired profile—and to bring to bear CR best practices, ELG develops a comprehensive program and guides the client through its implementation and measurement.
Benefit
The Corporate Responsibility Assessment enables you to clearly communicate to your key internal and external stakeholders how your organization’s activities compare to those of its peers—and what steps and resources are required to close critical gaps. This is an important step towards the ultimate goals of protecting your organization's reputation and enhancing perceptions of the organization, which in turn gives others an additional reason to do business with you.