Employee Reward,
Benefits & Wellbeing
23rd September 2020

Best practise | CSR drives 'engagement, morale and teamwork', expert says

CSR drives 'engagement, morale and teamwork', expert says

Organisations are starting to recognise the benefits that corporate social responsibility (CSR) can have for a business. For example, among the largest 250 companies in the world, 92% produced a CSR report in 2015, which informed shareholders and the public about the firm’s activities. According to Harvard Business Review this number is an increase from 64% having such a report in 2005, meanwhile today’s Fortune Global 500 firms spend around £16billion ($20billion) a year on CSR activities. While these figures are encouraging, employees have also indicated that they want employers to do more, as a study shared by the Huffington Post found 94% of Generation Z think companies should address critical issues. Similarly, in 2017 Cone Communications published a study that discovered...

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