Corporate responsibility is an important aspect of responsible business practice, but businesses often have concerns regarding committing staff because it could distract them from the day-to-day operation of a business.
Companies have an impact on society and the environment through their operations, products or services and through their interaction with key stakeholders such as employees, customers, investors, local communities, suppliers and others. Corporate responsibility means managing this impact to add value to the company, and increase wider economic and social well-being now and over the longer term.
Business in the Community annually researches Corporate Responsibility, and the fourth index found the following:
- an increase in transparency by companies with more public reporting of policies, targets and performance.
- an increase in companies engaging and developing employees.
- a change in emphasis on staff retention, not just recruitment as well as increased focus on reward and recognition of employees.
It is beneficial - not only for the business, but also for employees - to consider Corporate Responsibility. The following pages list a number of Partnerships operating in Eden District at local, regional and national levels that enable businesses to work with the communities in which they operate.
