Explores corporate responsibility and putting it into action in the workplace
Corporate responsibility (CR) is about the impact an organisation makes on society, the environment and the economy. Having an effective CR programme contributes positively to all stakeholders as well as adding value for the organisation itself, and ensures it operates in a sustainable way. It is related to, but can be distinguished from, environmental, social and governance policy (ESG), which is more about how investors see the company.
This factsheet discusses why corporate responsibility matters, and highlights HR’s role in putting it into action. Factors and mechanisms influencing corporate responsibility include legal and voluntary measures, partnerships with external agencies, and social and environmental reporting. The factsheet also outlines current debates on corporate responsibility, examining both its proponents and opponents. It ends with guidelines for introducing a corporate responsibility strategy which applies especially to employers and people professionals.
Affiliate membership offers instant access to CIPD resources without the need for assessments or study, or explore your options to become a professional member of the CIPD to demonstrate your commitment to the world of work.
Already a member? Login here.
Based on an assessment of FTSE 100 annual reports and focus groups with investors and HR leaders, this report gives benchmarking data, insights and practical recommendations for improving workforce reporting practices
Examines the origins, aims and framework of corporate governance as it exists in the UK
Learn about the UK law surrounding workplace pensions and how to choose new schemes or review existing pension arrangements
Examines the history, principles and current practice around competence and competency frameworks
Explores the role people professionals play in applying ethical values to organisational practice