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Benefits of Social Resp.
Benefits of Social Resp.
SOCIAL
RESPONSIBILITY
WHAT IS CSR?
Corporate social responsibility is the concept of incorporating philanthropy, ethics,
and activism into business practices to benefit both society and the company itself.
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BENEFITS OF
SOCIAL
RESPONSIBILITY
INCREASED BRAND
RECOGNITION
01
5
BOOSTED COMPANY
REPUTATION
02
6
03 BOLSTERED PUBLIC TRUST
04 IMPROVED CUSTOMER
LOYALTY
Once your reputation for CSR work is If you can show that you give back,
established, you can’t rest on your customers are willing to come back
laurels. Many people intrinsically don’t repeatedly. A 2019 study by Statista
trust corporations and think they’re “just found that 70% of customers are more
in it for the money.” loyal to companies that showcase CSR
efforts.
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TOPIC 05 ACCELERATED CAPITAL
GROWTH
TOPIC 06 DEEPENED
COMPETITIVE ADVANTAGE
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EMPLOYEE RETENTION
RATES
07
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INVIGORATED EMPLOYEE ENGAGEMENT 08
Your motivation to make a difference in Whether it’s with your customer base,
society motivates your employees to workforce, business associates, or the
engage more in their work. In a world at large, strong CSR efforts will help
whitepaper published by America’s you forge relationships that can be
Charities, CSR practices are directly linked beneficial to everyone involved.
to improved job performance and
productivity among employees.
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REFERENCES
https://www.investopedia.com/ask/answers/041015/why-social-responsibility-import
ant-business.asp
https://www.nibusinessinfo.co.uk/content/business-benefits-corporate-social-respon
sibility
https://books.google.com.ph/books?id=PGahDwAAQBAJ&printsec=frontcover&dq=c
orporate+social+responsibility+books+free+download&hl=en&sa=X&ved=2ahUKEwiw
xqyl1KX4AhXH-DgGHSpXC8QQ6AF6BAgEEAI#v=onepage&q&f=false
https://www.teambonding.com/10-business-benefits-of-corporate-social-responsibili
ty/
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THANK YOU !