csr strategies for a sustainable and impactful program

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CSR Strategies for a Sustainable & Impactful Program

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Page 1: CSR Strategies for a Sustainable and Impactful Program

CSR Strategies for a Sustainable & Impactful Program

Page 2: CSR Strategies for a Sustainable and Impactful Program

Our Presenter

Steve Greenhalgh

Managing Director,

CSR Strategy

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

This presentation

corresponds with a webinar!

Watch it here:

https://vimeo.com/177702872

Page 3: CSR Strategies for a Sustainable and Impactful Program

Defining CSR

Corporate Social Responsibility

is a continuing commitment by business

to contribute to economic development

while improving the quality of life of the

workforce and their families as well as of

the community and society at large.

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 4: CSR Strategies for a Sustainable and Impactful Program

Triple Bottom Line

Corporate Social Responsibility

is a continuing commitment by business

to contribute to economic development

while improving the quality of life of the

workforce and their families as well as of

the community and society at large.

1. People

2. Planet

3. Profits

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 5: CSR Strategies for a Sustainable and Impactful Program

Why CSR is Important

• Positions the company as a valued, caring

player and builds stakeholder engagement

• Enhances employee recruitment and

retention by fostering a positive work

environment

• Supports brand differentiation

• Promotes a good neighbor concept and

creates good will

• Demonstrates good stewardship over

resources through sustainable business

practices

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 6: CSR Strategies for a Sustainable and Impactful Program

What the Research Says…

• 58% consider a company’s social

and environmental commitments

when deciding where to work

• 55% would choose to work for a

socially responsible company, even

if the salary was less

• 51% won’t work for a company that

doesn’t have strong social or

environmental commitments

• 88% of Millennials feel their job is

more fulfilling when they are provided

opportunities to make a positive

impact on social causes

Source: 2016 Cone Communications Employee Engagement Survey

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 7: CSR Strategies for a Sustainable and Impactful Program

Motivations are the Same

• Same Desire • Same Needs • Employees Want and Expect It

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 8: CSR Strategies for a Sustainable and Impactful Program

Two BIG Differences

1. Smaller Budgets

2. Fewer Dedicated Staff and

Less Resources

Programs are Equally Important but Scope

and Scale May Differ

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 9: CSR Strategies for a Sustainable and Impactful Program

Differences between Large and Small Companies

Large Companies 2013 Large Companies 2014 Small Companies 2015

Payroll Contributions 80% 88% 37%

Matching Gift 70% 70% 28%

Year Round Giving 50% 85% 44%

Volunteer Opportunities 68% 92% 60%

Source: America’s Charities Snapshot 2015

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 10: CSR Strategies for a Sustainable and Impactful Program

Components of a Basic CSR Strategy

• Financial Contributions

• Employee Giving

• Employee Volunteer Programs

• Product Donations

• Company Membership, Participation, and Leadership in Strategic and

Community Organizations

• Sponsorship and Support for Community Events and Initiatives

• Sustainable Business Practices

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 11: CSR Strategies for a Sustainable and Impactful Program

Spectrum of CSR Strategies

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 12: CSR Strategies for a Sustainable and Impactful Program

6 Ways Small Business Can Embrace Social Responsibility

1. Start with the Basics

2. Develop Volunteer Opportunities

A. Day of Service

B. Company-Sponsored Volunteer Projects

C. Support for Individual Volunteer Projects

D. Create Community Engagement Teams

E. Participate in a Charity Walk (‘thons’)

3. Invest in the Community through Financial Grants and Product Donations

4. Conduct Giving Programs Built around Causes or Themes

5. Start a Recycling Program and Encourage Other Environmentally Friendly

Initiatives

6. Get Leadership Involved in the Community

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Page 13: CSR Strategies for a Sustainable and Impactful Program

Upcoming Webinars

C S R S T R A T E G I E S F O R A S U S T A I N A B L E & I M P A C T F U L P R O G R A M

Register for our Upcoming Webinars:

https://csr.gooddonegreat.com/learn/

Page 14: CSR Strategies for a Sustainable and Impactful Program

Steve Greenhalgh

Managing Director, CSR Strategy [email protected]