Social Responsibility

Social responsibility exemplifies an ethical approach to business. A socially responsible business considers its impact on society, the environment, its employees, the community, and the economy.

Public Outreach
Socially responsible companies often launch programs that benefit their communities. Local fundraisers, initiatives that incentivize employee volunteers, civic donations, and contributions to area non-profits are just a few ways companies demonstrate their commitment to society.

Principled Business Practices
Social responsibility requires moral business practices, including fair customer treatment, equitable employment policies, and ethical trade with vendors and suppliers.

Disclosure
Accountable businesses disclose information regarding community outreach plans. Communication with employees, investors, consumers, and the public regarding social initiatives helps guide a company to build productive programs.

Fiscal Progression
A business advances the economy in their area by buying local when possible, expanding their workforce, contributing to their community, and
ethically broadening their business.

Diversity
Diversity means being composed of differing elements, like people of different races or backgrounds. Diversity also applies to qualities or opinions. A socially responsible business should not discriminate based on race, sex, disability, religion, or national origin. A diverse workforce reflects a broader consumer base.

Employee Retention
Many employees enjoy having a purpose other than their daily work. Corporate-sponsored volunteer opportunities create goodwill between employees and the community. Given a choice, most employees will choose to work for a business that adopts socially responsible policies.

Incorporating social responsibility into your corporate mission builds brand loyalty and community support, bolstering a company's reputation.