Partner Article
SMEs unhappy with term ?CSR?
71% of SMEs dislike the term ‘Corporate Social Responsibility’ (CSR) and avoid using it to describe their social, environmental and community work.
A report published by Cardiff University found that smaller companies disliked being referred to as ‘corporate’ as this was seen as a ‘big business’ term that did not fit with their ethos.
The majority of SMEs surveyed undertook a wide range of CSR activities, such as Environmental Management Initiatives, Community Projects and Employee Development Programmes. On the whole, SMEs felt they had benefited from CSR activities by improving their image and reputation, increased employee satisfaction and motivation, as well as increased efficiency.
The report, titled: Make a Difference Where You Can: Corporate Social Responsibility in UK SMEs sets out to progress understanding of both limitations on, and opportunities for, CSR in SMEs. The full report can be found at the Business Relationships, Accountability, Sustainability and Society (BRASS) website at Cardiff University: www.brass.cf.ac.uk
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Have stock markets peaked? Tune out the noise
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside