The Business Case for CSR

The Business case for Corporate Social Responsibility

The business case for CSR is undeniable, the drivers for companies to act ethically and with integrity is now crucial for their reputations when dealing with informed employees, consumers, communities, investors and other stakeholders.

The direct benefits of CSR are many, it is shown to:

  • drive innovation, trust and transparency
  • boost long-term profitability
  • ensures competitiveness
  • engage the workforcethe business case for being a responsible business

We have developed a publication to enhance the understanding of the business case for CSR. The report reviews key trends in CSR and identifies the direct and indirect benefits of businesses engaging in strategic CSR practices. 

Below you will find a series of extracts from the publication.

To receive a FREE copy of our full report, please contact our Membership Executive Lorraine O’Toole at lotoole@bitc.ie.

Extract from the Business Case Study

Business in the Community Ireland
Optimising Risk Reduction and Management with CSR

CSR policies and practices can help mitigate and manage risks in a number of areas – for example, supply chain risks such as human rights abuses, operational risks such as compliance with regulation and product risks such as waste created during production and health and safety. Focusing on sustainable supply chains, this has strong risk

Business in the Community Ireland
Boosting Long-Term Profitability with CSR

Sustainable and responsible business practices influence long-term profitability through creating enhanced innovation, increasing productivity via employees, efficiency gains and new collaboration opportunities. Another area that has been examined through the lens of effective CSR is the short-term investment in environmentally sustainable production and operations that has led to long term savings and increased profit margins.

csr-strategy
CSR Engages the Workforce

Commitment to employees creates engagement with increased levels of innovation, decreased levels of turnover and overall improved productivity. Having engaged, satisfied, motivated, innovative and skilled staff is one of the key challenges for every CEO in Ireland today. To recruit, train and retain the appropriate staff is proving testing in an environment where employee mobility

Business in the Community Ireland
Corporate Social Responsiblity ensures competitiveness

In the current business climate CSR is an indicator of business success and provides a competitive advantage against surrounding and same sector businesses. Demands on corporate transparency are increasing as there are better informed external stakeholders in the current market than ever before including customers, media, future and current employees, industry analysts, potential and current