Social Responsibility
In the dynamic days of modern business, there exists a powerful triad: social responsibility, inclusion, and sustainability. These elements are intertwined, each influencing and reinforcing the other. To focus on one is commendable, but true transformative change emerges when all three are pursued.
Social Responsibility is more than just profit-making mechanisms, businesses are pillars of our society. They have the capacity, and some might argue, the duty, to shape societal values. Businesses that champion social responsibility are not solely driven by profit; they recognize the larger picture, their resources are called Corporate Social Responsibility (CSR). These enterprises engage ethically, invest in societal upliftment, and actively address contemporary social challenges.
With the planet's well-being hanging in the balance, sustainability is no longer an optional endeavor but a crucial commitment. Embracing sustainability translates to harmonizing business objectives with environmental concerns. This perspective is not just ethically right but also strategically smart. Eco-conscious consumers gravitate towards businesses that echo their values.
Inclusive mindsets recognize that every individual, irrespective of their origins, brings something unique to the table. It's not about ticking boxes but crafting spaces where everyone feels seen, heard, and valued. By integrating diversity into their core ethos, businesses tap into a reservoir of creativity, innovation, and resilience.
The narratives of social responsibility, sustainability, and inclusion are not standalone tales. They are interconnected chapters of a larger story, a story of a future that values societal progress, environmental harmony, and the richness of diversity. By championing businesses that embrace this triad, we can collectively author a narrative of hope, progress, and inclusivity for generations to come.
Infographics
CSR Spending
Firms spend roughly $20 billion on corporate social responsibility per year
Charitable Giving
Americans gave a record $471 billion to charities in 2020
Green Consumers
63% are motivated to purchase from companies committed to social causes
Performance of teams
Diverse leadership are
21% more likely to show above average results
*CSR: Corporate Social Responsibility
Corporate Responsibility Magazine | Nielsen | Giving USA | McKinsey & Company | Cone Communications
Gender pay gap
Globally, women earn, on average, 16% less than men
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Discrimination at Work
36% of LGBTQ+ people
decide about work based on past experiences or fear
Discrimination at Work
25% of employees of colour report discrimination at work
Disabled People
About 15% of the world's population lives with some form of disability
World Economic Forum | World Bank | Deloitte | Built In Z | Sprout Social
Climate Change
The global temperature has Increased1.2°C since the 20th century
Sustainable Electricity
Renewables made up
29% of global generation by the end of 2020
Deforestation rate
The rate was estimated at
10 million hectares in the
2015-2020 period
Green Consumers Rate
55% of consumers are willing to pay more for
eco-friendly brands
According to a research made by Nature Climate Change in 2018.
Source: IPCC | FAO | C2S | Nielsen
