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Corporate social responsibility (CSR)
 and corporate responsibility (CR)


         by Toronto Training and HR

               February 2012
3-4     Introduction to Toronto Training and
                   HR
Contents   5-6
           7-8
                   Definitions
                   Grouping initiatives around CR
           9-10    Benefits of CR
           11-13   Introducing a CR strategy
           14-17   Role of HR in CR
           18-27   Case studies A-E
           28-29   The CSR roadmap
           30-31   Implementing corporate social
                   responsibility
           32-33   Integrating CSR into global business
                   practices
           34-35   How to ensure you’re taking the most
                   effective approach
           36-40   Trends to be aware of
           41-48   Case studies F-I
           49-50   Conclusion and questions
                       Page 2
Introduction




     Page 3
Introduction to Toronto Training
            and HR
• Toronto Training and HR is a specialist training and human
  resources consultancy headed by Timothy Holden
• 10 years in banking
• 10 years in training and human resources
• Freelance practitioner since 2006
• The core services provided by Toronto Training and HR are:
              - Training event design
              - Training event delivery
              - Reducing costs
              - Saving time
              - Improving employee engagement & morale
              - Services for job seekers

                            Page 4
Definitions




    Page 5
Definitions
Corporate social responsibility (CSR)
Corporate responsibility (CR)




                       Page 6
Grouping initiatives
    around CR




        Page 7
Grouping initiatives around CR
Environment
Marketplace
Workplace
Community




              Page 8
Benefits of CR




      Page 9
Benefits of CR
Creation of a distinct position in the marketplace
Protection of the employer brand
Building credibility and trust with both current and
potential customers and employees
Enhancing employee engagement, motivation and
retention




                       Page 10
Introducing a CR strategy




           Page 11
Introducing a CR strategy 1 of 2
Clarify the core values and principles of CR that
are relevant for the individual organization
Identify key internal and external stakeholders and
the CR issues that affect the relationships with
them
Get the top team on board, and know how to sell
the benefits of CR to different stakeholders
Understand how the CR strategy is aligned to
business strategy and HR practices


                      Page 12
Introducing a CR strategy 2 of 2
Get endorsement for the CR strategy from inside
and outside the organization
Communicate, consistently, on how CR is relevant
to the individual organization and business
strategy
Training is vital, as CR will only have an impact if
employees are engaged with the particular issues
covered
Effectively measure and evaluate CR


                       Page 13
Role of HR in CR




      Page 14
Role of HR in CR 1 of 3
Helping ensure that, as a minimum, statutory
obligations are met in respect of issues such as
remuneration practice or health and safety and
that the organisation aims to go beyond the
regulatory floor where possible
Taking responsibility for the key systems and
processes underpinning effective delivery, including
aligning CR with the overall business strategy and
operations


                      Page 15
Role of HR in CR 2 of 3
Training and educating employees on their social
and environmental responsibilities and embedding
these values into organisational and individual
objectives
Integrating these values into the culture of an
organisation – as the unwritten rules of how things
are done are powerful in demonstrating an
organisation’s commitment to the CR agenda



                      Page 16
Role of HR in CR 3 of 3
Delivery, not rhetoric, is the key to all stakeholders
developing trust in an organization
Influencing attitudes and behaviour change with
line managers and the top team
Using the positive aspects of CR in respect of the
employer brand in recruiting, motivating and
retaining highly skilled people




                        Page 17
Case study A




    Page 18
Case study A




    Page 19
Case study B




    Page 20
Case study B




    Page 21
Case study C




    Page 22
Case study C




    Page 23
Case study D




    Page 24
Case study D




    Page 25
Case study E




    Page 26
Case study E




    Page 27
The CSR roadmap




      Page 28
The CSR roadmap
PHASE   1,   support readiness for CSR
PHASE   2,   engagement
PHASE   3,   adapting business processes
PHASE   4,   training and communications




                        Page 29
Implementing corporate
  social responsibility




          Page 30
Implementing corporate social
        responsibility
Ask probing questions about how CSR can be
linked to employees’ day-to-day experience
Avoid making CSR sound like the latest
management fad
Help CSR champions link employee activities back
to business objectives




                     Page 31
Integrating CSR into
global business practices




           Page 32
Integrating CSR into global
       business practices
Assess your company’s CSR readiness
Seek input from stakeholders
Develop your CSR strategy




                    Page 33
How to ensure you’re
taking the most effective
        approach




           Page 34
How to ensure you’re taking the
   most effective approach
Understand the environment
Know what your stakeholders want
Your reputation travels
Deliver on expectations




                    Page 35
Trends to be aware of




         Page 36
Trends to be aware of 1 of 4
Studies from half a dozen large consultancy firms
in the last year indicate a continued growing
importance of Corporate Social Responsibility
Full life cycle analysis to assess the environmental
impact of products is becoming widespread
The “social” aspect of CSR is often neglected at
the expense of the “environmental” agenda-yet,
studies are showing that social initiatives
contribute more to a positive brand image than
greening enterprises

                       Page 37
Trends to be aware of 2 of 4
China will be the place to experiment better ways
to be sustainable over the next few years: they are
building several new “sustainable cities” from
scratch
Corporations will continue to judge CSR
investments based on “good business practices”-
meaning: it has to generate a positive financial
return


                      Page 38
Trends to be aware of 3 of 4
CSR reporting is being typically done within the
annual report (instead of a separate report) to
show full integration with corporate strategy.
Building trust is a chief driver of CSR
CR reporting is becoming more sophisticated:
balance must be achieved between
comprehensiveness and readability




                      Page 40
Trends to be aware of 4 of 4
Leading companies are taking the responsibility for
helping consumers reduce utilization of resources
(water, pollutants, energy…)
Companies are increasingly engaging with
stakeholders for all aspects of their operations
Technology will play an important role in CSR and
CR




                      Page 41
Case study F




    Page 41
Case study F




    Page 42
Case study G




    Page 43
Case study G




    Page 44
Case study H




    Page 45
Case study H




    Page 46
Case study I




    Page 47
Case study I




    Page 48
Conclusion and questions




          Page 49
Conclusion and questions
Summary
Videos
Questions




               Page 50

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Corporate social responsibility (CSR) and corporate responsibility (CR) February 2012

  • 1. Corporate social responsibility (CSR) and corporate responsibility (CR) by Toronto Training and HR February 2012
  • 2. 3-4 Introduction to Toronto Training and HR Contents 5-6 7-8 Definitions Grouping initiatives around CR 9-10 Benefits of CR 11-13 Introducing a CR strategy 14-17 Role of HR in CR 18-27 Case studies A-E 28-29 The CSR roadmap 30-31 Implementing corporate social responsibility 32-33 Integrating CSR into global business practices 34-35 How to ensure you’re taking the most effective approach 36-40 Trends to be aware of 41-48 Case studies F-I 49-50 Conclusion and questions Page 2
  • 3. Introduction Page 3
  • 4. Introduction to Toronto Training and HR • Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden • 10 years in banking • 10 years in training and human resources • Freelance practitioner since 2006 • The core services provided by Toronto Training and HR are: - Training event design - Training event delivery - Reducing costs - Saving time - Improving employee engagement & morale - Services for job seekers Page 4
  • 5. Definitions Page 5
  • 6. Definitions Corporate social responsibility (CSR) Corporate responsibility (CR) Page 6
  • 7. Grouping initiatives around CR Page 7
  • 8. Grouping initiatives around CR Environment Marketplace Workplace Community Page 8
  • 9. Benefits of CR Page 9
  • 10. Benefits of CR Creation of a distinct position in the marketplace Protection of the employer brand Building credibility and trust with both current and potential customers and employees Enhancing employee engagement, motivation and retention Page 10
  • 11. Introducing a CR strategy Page 11
  • 12. Introducing a CR strategy 1 of 2 Clarify the core values and principles of CR that are relevant for the individual organization Identify key internal and external stakeholders and the CR issues that affect the relationships with them Get the top team on board, and know how to sell the benefits of CR to different stakeholders Understand how the CR strategy is aligned to business strategy and HR practices Page 12
  • 13. Introducing a CR strategy 2 of 2 Get endorsement for the CR strategy from inside and outside the organization Communicate, consistently, on how CR is relevant to the individual organization and business strategy Training is vital, as CR will only have an impact if employees are engaged with the particular issues covered Effectively measure and evaluate CR Page 13
  • 14. Role of HR in CR Page 14
  • 15. Role of HR in CR 1 of 3 Helping ensure that, as a minimum, statutory obligations are met in respect of issues such as remuneration practice or health and safety and that the organisation aims to go beyond the regulatory floor where possible Taking responsibility for the key systems and processes underpinning effective delivery, including aligning CR with the overall business strategy and operations Page 15
  • 16. Role of HR in CR 2 of 3 Training and educating employees on their social and environmental responsibilities and embedding these values into organisational and individual objectives Integrating these values into the culture of an organisation – as the unwritten rules of how things are done are powerful in demonstrating an organisation’s commitment to the CR agenda Page 16
  • 17. Role of HR in CR 3 of 3 Delivery, not rhetoric, is the key to all stakeholders developing trust in an organization Influencing attitudes and behaviour change with line managers and the top team Using the positive aspects of CR in respect of the employer brand in recruiting, motivating and retaining highly skilled people Page 17
  • 18. Case study A Page 18
  • 19. Case study A Page 19
  • 20. Case study B Page 20
  • 21. Case study B Page 21
  • 22. Case study C Page 22
  • 23. Case study C Page 23
  • 24. Case study D Page 24
  • 25. Case study D Page 25
  • 26. Case study E Page 26
  • 27. Case study E Page 27
  • 28. The CSR roadmap Page 28
  • 29. The CSR roadmap PHASE 1, support readiness for CSR PHASE 2, engagement PHASE 3, adapting business processes PHASE 4, training and communications Page 29
  • 30. Implementing corporate social responsibility Page 30
  • 31. Implementing corporate social responsibility Ask probing questions about how CSR can be linked to employees’ day-to-day experience Avoid making CSR sound like the latest management fad Help CSR champions link employee activities back to business objectives Page 31
  • 32. Integrating CSR into global business practices Page 32
  • 33. Integrating CSR into global business practices Assess your company’s CSR readiness Seek input from stakeholders Develop your CSR strategy Page 33
  • 34. How to ensure you’re taking the most effective approach Page 34
  • 35. How to ensure you’re taking the most effective approach Understand the environment Know what your stakeholders want Your reputation travels Deliver on expectations Page 35
  • 36. Trends to be aware of Page 36
  • 37. Trends to be aware of 1 of 4 Studies from half a dozen large consultancy firms in the last year indicate a continued growing importance of Corporate Social Responsibility Full life cycle analysis to assess the environmental impact of products is becoming widespread The “social” aspect of CSR is often neglected at the expense of the “environmental” agenda-yet, studies are showing that social initiatives contribute more to a positive brand image than greening enterprises Page 37
  • 38. Trends to be aware of 2 of 4 China will be the place to experiment better ways to be sustainable over the next few years: they are building several new “sustainable cities” from scratch Corporations will continue to judge CSR investments based on “good business practices”- meaning: it has to generate a positive financial return Page 38
  • 39. Trends to be aware of 3 of 4 CSR reporting is being typically done within the annual report (instead of a separate report) to show full integration with corporate strategy. Building trust is a chief driver of CSR CR reporting is becoming more sophisticated: balance must be achieved between comprehensiveness and readability Page 40
  • 40. Trends to be aware of 4 of 4 Leading companies are taking the responsibility for helping consumers reduce utilization of resources (water, pollutants, energy…) Companies are increasingly engaging with stakeholders for all aspects of their operations Technology will play an important role in CSR and CR Page 41
  • 41. Case study F Page 41
  • 42. Case study F Page 42
  • 43. Case study G Page 43
  • 44. Case study G Page 44
  • 45. Case study H Page 45
  • 46. Case study H Page 46
  • 47. Case study I Page 47
  • 48. Case study I Page 48