CSR

While there may not be a perfect formula to directly convert ongoing investment in social responsibility to a realized financial return, you can generally expect to see an increase in sales, profitability and value. This thought-provoking question was recently presented to me by a business owner interested in establishing a corporate social responsibility (CSR) program …

How corporate social responsibility affects company value Read More »

The practice of corporate social responsibility (CSR) is fast changing. With CSR attracting various nomenclatures, such as corporate social investment, corporate sustainability and others, experts say the story line of CSR must continue to change, writes ADEDEJI ADEMIGBUJI. Where does Corporate Social Responsibility (CSR) budget really go? In whose interest, the society, organisation or the …

Changing CSR story line Read More »

Times are tough for many local businesses and they should, understandably, be expected to prioritise on generating profits for shareholders. But, focusing on profits alone and neglecting social responsibility is being short-sighted, says Jolandi Snyders, Marketing Manager at The Hope Factory.“Indeed a company does have the responsibility to ensure that the business is sustainable in …

Beyond profits: Companies have a big role to play in social responsibility Read More »