CSR Pillars

CESRA community investment programs are guided by FIVE corporate Social Responsibility pillars that reflect our members business values and provide sustainable benefits to the communities in whity they operate 

What is Corporate Social Responsibility (CSR)

Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental. To engage in CSR means that, in the normal course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.

CESRA CSR membership means that you are CSR accredited under the following pillars of CSR accreditation.

Governance/Public Sector

Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The corporate governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources.

Environment

The environmental dimension of corporate social responsibility refers to your business’s impact on the environment. The goal, as a socially responsible company, is to engage in business practices that benefit the environment.

These would include:

  • Avoidance of pollution
  • Reducing greenhouse gas emissions
  • Recycling
  • Waste and Energy efficiency measures

Labour Relations

This plan must cover labour and human rights practices that go beyond the law. Conditions of employment and the workplace environment underpin successful businesses.  For businesses that want to attract and retain the best talent, they must demonstrate a commitment to good workplace practices.  Motivated and engaged staff are better able to deliver productivity, good customer services, and innovation, which contribute to business success and support the overall reputation of the business.

 

Business/Marketplace Environment

The Marketplace Pillar relates to how an organization manages its relationship with its customers, suppliers and business partners. Buying and selling products or services is a core part of the business. Ensuring this is done in an ethical and sustainable manner in today’s business environment is key to a company’s reputation and long-term viability.

Community Relations

A part of the company’s social responsibility is to act as a corporate citizen. In other words, a company has a responsibility toward the community or communities in which it operates. Therefore, to meet this responsibility, firstly it must establish a plan for community engagement these can include:

  • Funding for community projects
  • Sponsorship of local clubs
  • Volunteering by employees in educational activities and other outreach initiatives during work hours

One year of CSR Accreditation – Only $350

SUBSCRIBE FOR CSR ACCREDITATION