Intelligent CXO Issue 03 | Page 29

FEATURE framework underpinned by an overreaching statement , and arrived at the following .
‘ Social responsibility allows you to enrich the quality of lives for all by investing in social value as an essential part of an organisation ’ s culture . This provides purpose and impact and will ensure a sustainable and profitable business . It will help to build a better world for future generations by improving the environment and ensuring a cohesive community to live and work in .’
Corporate Social Responsibility Large Companies – ( Private Sector ) Company Social Responsibility Sole Traders and SMEs – ( Private Sector ) Community Social Responsibility Local Authorities , Schools , Hospitals etc – ( Public Sector ) Charitable Social Responsibility Charities – ( Third Sector ) Consumer Social Responsibility Products & Services Citizen Social Responsibility Training & Workshops All of us – Collective Social Responsibility
Now there was the question of challenging the C in CSR to make it far more inclusive .
Increasingly the term ‘ corporate ’ has been challenged . This is because it excludes a large number of stakeholders , specifically the third and public sectors and because ‘ corporate ’ does not encompass sole traders or smaller SMEs . For this reason , we have defined the ‘ C ’ in CSR to be more inclusive , for example :
And finally , this new standard is defined by a truly holistic framework that allows all organisations to look at what they are already doing against the four CSR pillars of environment , workplace , community and philanthropy . Each social responsibility pillar is designed to help you benchmark , measure , record , report and communicate impacts on areas such as energy performance , recycling , staff engagement , health and wellbeing , community engagement www . intelligentcxo . com