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What is Corporate Social Responsibility 
and Why is it Important 
Presented by: Brandolon Barnett, MA Lond, FrontStream
About FrontStream 
FrontStream offers payment processing, fundraising, 
employee engagement and CRM solutions that enable 
clients to increase revenue through mobile, in-person and 
online acceptance of checks and credit/debit cards. 
#FSWebinar
Corporate Social Responsibility: 
A Primer
Corporate Social Responsibility 
(CSR) 
• A corporation’s overall responsibility to the community and to 
people, profits, and the planet. 
• A relatively new and quickly growing field of thought and 
endeavor that broadens the scope of a company’s commitment to 
the world. 
• A legacy for corporate immortality! 
“To build and sustain brands people love and trust, one must 
focus on […] growth that is good for our shareholders but 
also good for our consumers, our employees, our business 
partners, the communities where we live and work, and the 
planet we inhabit” 
Irene B. Rosenfeld, Current CEO Mondelēz International, 
Former CEO of Kraft Foods
The Roots of Corporate Social 
Responsibility 
A synthesis of various movements 
• Let’s help our local community 
• Jeans Fridays 
• Energy efficiency or environmental 
monitoring activities 
• Sponsoring workforce training 
in the community 
• Good PR!
The Foundation: Your Company’s 
Values 
Your company’s values statement detailing the impact you ideally want your 
company, in all its activities, to have on your communities and the wider world 
– Includes your products, services, and operations 
– Flows from your industry 
– Comparable to a corporate “mission statement”
Frameworks for CSR Action 
Largely speaking, CSR is increasingly streamlined, 
comprehensive, and metric-driven. Some popular 
frameworks driving action include: 
– Global Reporting Initiative 
– ISO 26000 
– UN Global Compact (largest international 
CSR agreement)
UN Global Compact 
– Strategic policy initiative for businesses 
committed to aligning their operations 
with ten universally accepted principles in 
the areas of Human Rights, Labor, 
Environment, and Anti-Corruption. 
– Calls to action on various issues 
– Tools and resources such as “A Guide to 
Traceability: A Practical Approach to 
Advance Sustainability in Global Supply 
Chains”
The Core Facets of CSR 
– Sustainability/Environment 
– Legal compliance (Respecting Human 
Rights, Labor Laws, product regulations, 
etc.) 
– Balanced, fair, and nimble HR processes 
– Employee well-being 
– Corporate/foundational giving 
– Workplace giving and volunteering
Sustainability 
– Energy efficiency 
– Water use 
– Building and land use practices 
– Waste 
– Transport 
– Mitigating initiatives
Supply Chain Management 
– Sourcing of materials/inputs 
– Treatment of participants within the 
supply chain
Legal Compliance 
– Corruption 
– Diversity issues 
– Financial practices 
– Labor laws 
– Security practices
HR 
– Employee benefits 
– Pay levels 
– Turnover rate
Employee Well-Being 
– Employee satisfaction 
– Career development opportunities
Corporate/Foundational Giving 
– Community donations & sponsorships 
– Partnerships with non-profits domestically 
or abroad
Workplace Giving and 
Volunteering 
– Employee volunteer hours 
– Employee board placements 
– Employee giving 
– Matching grant programs
Tieing Concepts Together with 
Workplace Philanthropy as Example 
 Workplace philanthropy largely falls under the “Indirect Economic 
Impacts” category of popular strategic frameworks like the GRI. 
 Successful programs are not one size fits all. 
 A successful program has multiple interfaces for employee engagement 
with the program. 
 Traditional workplace giving 
 Volunteer days/volunteer time 
 Recycling events 
 Peer to peer fundraising 
 Disaster assistance and relief 
 Company product donations
Case Study – Software Solutions Client B 
Client C 2013: Global 
Reach 
10% 
90% 
International Domestic 
Client C 2010 – 2013: Escalating 
Global Commitment for 
Employees 
110 110 
143 
173 
2010 2011 2012 2013 
Client C 2013: FrontStream 
Campaign NPO Breakdown 
Houses of 
Worship 
Community 
Fund 
12% 
2% 
Public Benefit 
Foundations & 
Centers 
58% 
Health 
8% 
Human 
Services 
14% 
Other 
6% 
 For Software Solutions Client B, 10% of the charities employees supported were 
international in scope. The company’s global commitment has also escalated year to year. 
 Client B, as a “UN Global Compact” signatory, has committed to meeting strong anti-corruption 
and fraud standards. FrontStream vetting and Patriot Act compliance processes 
helped them to meet and measure their commitment to this goal.
The Who, the How, and the Why of CSR
The Who 
At small and medium sized businesses 
CSR is more often an informal process 
driven by employees working in a 
segmented fashion: 
– Owner/CEO decides to sponsor a 
local run 
– Facilities manager conducts an 
energy audit 
– HR director secures new benefits and 
prepares anti-discrimination policies 
– Employee organizes volunteer day at 
local food bank 
– Owner agrees to match funds 
provided to a cause near and dear to 
a current employee 
At larger corporations a dedicated 
staff with titles which could include: 
– Community Affairs Director 
– Community Relations Manager 
– CSR Director/Specialist 
– Supply Chain Manager 
– Sustainability Manager 
– Public Affairs Manager
The How 
– A collection of expert vendors 
– Set goals, budgets, and expectations 
– Prepare and communicating new policies 
and procedures 
– Discover your potential to add value to 
community efforts 
– Measure your impact
The Why 
– Efficiency reduces costs 
– Ensuring the long-term future of practices, 
products, and processes 
– Attracting talent and investments in a 
world that values sustainable practices 
– Avoiding lawsuits and other costs 
– Community goodwill which can be of use 
in later ventures i.e. procuring land or 
subsidies 
– Socially beneficial and simple to 
implement
Implementation
Asking the Right Questions 
1. Is CSR relevant to my company? 
2. If so what are our core values? 
3. Where and how does it make sense for the company to make a 
socially responsible investment? 
4. What kinds of socially responsible investments is my company best 
positioned to make? 
5. What are CSR best practices and their impact on corporate goals 
such as retention, employee satisfaction, and corporate reputation? 
6. How might FrontStream or other partners help with all of the 
above?
Conceive and Initiate 
 Mobilize Your Triple Bottom Line 
Conception: People, the Planet, 
and Sustainable Profits 
 Adopt a framework as a guide 
for your initiatives. 
 Incorporate cause marketing into 
your program to associate your 
efforts with your company, 
products, and brand.
Who Has the First Question?

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What is CSR and Why is it Important

  • 1. What is Corporate Social Responsibility and Why is it Important Presented by: Brandolon Barnett, MA Lond, FrontStream
  • 2. About FrontStream FrontStream offers payment processing, fundraising, employee engagement and CRM solutions that enable clients to increase revenue through mobile, in-person and online acceptance of checks and credit/debit cards. #FSWebinar
  • 4. Corporate Social Responsibility (CSR) • A corporation’s overall responsibility to the community and to people, profits, and the planet. • A relatively new and quickly growing field of thought and endeavor that broadens the scope of a company’s commitment to the world. • A legacy for corporate immortality! “To build and sustain brands people love and trust, one must focus on […] growth that is good for our shareholders but also good for our consumers, our employees, our business partners, the communities where we live and work, and the planet we inhabit” Irene B. Rosenfeld, Current CEO Mondelēz International, Former CEO of Kraft Foods
  • 5. The Roots of Corporate Social Responsibility A synthesis of various movements • Let’s help our local community • Jeans Fridays • Energy efficiency or environmental monitoring activities • Sponsoring workforce training in the community • Good PR!
  • 6. The Foundation: Your Company’s Values Your company’s values statement detailing the impact you ideally want your company, in all its activities, to have on your communities and the wider world – Includes your products, services, and operations – Flows from your industry – Comparable to a corporate “mission statement”
  • 7. Frameworks for CSR Action Largely speaking, CSR is increasingly streamlined, comprehensive, and metric-driven. Some popular frameworks driving action include: – Global Reporting Initiative – ISO 26000 – UN Global Compact (largest international CSR agreement)
  • 8. UN Global Compact – Strategic policy initiative for businesses committed to aligning their operations with ten universally accepted principles in the areas of Human Rights, Labor, Environment, and Anti-Corruption. – Calls to action on various issues – Tools and resources such as “A Guide to Traceability: A Practical Approach to Advance Sustainability in Global Supply Chains”
  • 9. The Core Facets of CSR – Sustainability/Environment – Legal compliance (Respecting Human Rights, Labor Laws, product regulations, etc.) – Balanced, fair, and nimble HR processes – Employee well-being – Corporate/foundational giving – Workplace giving and volunteering
  • 10. Sustainability – Energy efficiency – Water use – Building and land use practices – Waste – Transport – Mitigating initiatives
  • 11. Supply Chain Management – Sourcing of materials/inputs – Treatment of participants within the supply chain
  • 12.
  • 13. Legal Compliance – Corruption – Diversity issues – Financial practices – Labor laws – Security practices
  • 14. HR – Employee benefits – Pay levels – Turnover rate
  • 15. Employee Well-Being – Employee satisfaction – Career development opportunities
  • 16. Corporate/Foundational Giving – Community donations & sponsorships – Partnerships with non-profits domestically or abroad
  • 17. Workplace Giving and Volunteering – Employee volunteer hours – Employee board placements – Employee giving – Matching grant programs
  • 18. Tieing Concepts Together with Workplace Philanthropy as Example  Workplace philanthropy largely falls under the “Indirect Economic Impacts” category of popular strategic frameworks like the GRI.  Successful programs are not one size fits all.  A successful program has multiple interfaces for employee engagement with the program.  Traditional workplace giving  Volunteer days/volunteer time  Recycling events  Peer to peer fundraising  Disaster assistance and relief  Company product donations
  • 19. Case Study – Software Solutions Client B Client C 2013: Global Reach 10% 90% International Domestic Client C 2010 – 2013: Escalating Global Commitment for Employees 110 110 143 173 2010 2011 2012 2013 Client C 2013: FrontStream Campaign NPO Breakdown Houses of Worship Community Fund 12% 2% Public Benefit Foundations & Centers 58% Health 8% Human Services 14% Other 6%  For Software Solutions Client B, 10% of the charities employees supported were international in scope. The company’s global commitment has also escalated year to year.  Client B, as a “UN Global Compact” signatory, has committed to meeting strong anti-corruption and fraud standards. FrontStream vetting and Patriot Act compliance processes helped them to meet and measure their commitment to this goal.
  • 20. The Who, the How, and the Why of CSR
  • 21. The Who At small and medium sized businesses CSR is more often an informal process driven by employees working in a segmented fashion: – Owner/CEO decides to sponsor a local run – Facilities manager conducts an energy audit – HR director secures new benefits and prepares anti-discrimination policies – Employee organizes volunteer day at local food bank – Owner agrees to match funds provided to a cause near and dear to a current employee At larger corporations a dedicated staff with titles which could include: – Community Affairs Director – Community Relations Manager – CSR Director/Specialist – Supply Chain Manager – Sustainability Manager – Public Affairs Manager
  • 22. The How – A collection of expert vendors – Set goals, budgets, and expectations – Prepare and communicating new policies and procedures – Discover your potential to add value to community efforts – Measure your impact
  • 23. The Why – Efficiency reduces costs – Ensuring the long-term future of practices, products, and processes – Attracting talent and investments in a world that values sustainable practices – Avoiding lawsuits and other costs – Community goodwill which can be of use in later ventures i.e. procuring land or subsidies – Socially beneficial and simple to implement
  • 25. Asking the Right Questions 1. Is CSR relevant to my company? 2. If so what are our core values? 3. Where and how does it make sense for the company to make a socially responsible investment? 4. What kinds of socially responsible investments is my company best positioned to make? 5. What are CSR best practices and their impact on corporate goals such as retention, employee satisfaction, and corporate reputation? 6. How might FrontStream or other partners help with all of the above?
  • 26. Conceive and Initiate  Mobilize Your Triple Bottom Line Conception: People, the Planet, and Sustainable Profits  Adopt a framework as a guide for your initiatives.  Incorporate cause marketing into your program to associate your efforts with your company, products, and brand.
  • 27. Who Has the First Question?