| Corporate Social Responsibility | ERM China CSR Consulting Services
What is CSR?
Corporate Social Responsibility (CSR) is the process and system through which firms reduce risk, and increase benefits in their ‘triple bottom line’. The ‘triple bottom line’ focuses business not just on the economic profit they make, but also on environmental and social value added, or destroyed. More and more research shows that businesses which have good CSR are likely to also have more long-term financial profitability. Comments by Chinese leaders, and the Chinese press show how much more important CSR is becoming for businesses that operate in China.
CSR strategy advisory services:
Many boardroom leaders are identifying the need to understand not only the financial but also the social and environmental risks and performance of their organization. They understand the business and reputational imperatives and realize that failing to act now may create greater problems in the future. Through working with Boards and Senior Management, ERM helps organizations assess their areas of greatest impact and opportunity, provide counsel on strategies for securing stakeholder input, and develop prioritized policies and programs for CSR both in China and internationally.
CSR programme development, implementation and CSR training:
While a solid CSR strategy that incorporates good practice learning from industry leaders and works for a business’ particular needs and environment is important, risk however is not avoided or results generated without implementation. CSR programme implementation can require the creation of planning, internal monitoring and reporting mechanisms, stakeholder consultation such as community dialogue, CSR training and communications. With more than 20 years experience in Environmental and Health and Safety (EH&S) consulting and more than 10 years dealing directly with corporate social issues, ERM has excellent experience in helping all areas of your business implement a CSR strategy that generates results.
CSR reporting
While the CSR strategy and programme are key, a driver for this ‘triple bottom line’ performance can be the annual CSR report and related CSR communications that are increasingly demanded of businesses today. Investors and consumers demand to know about not only the financial risks faced by firms, but also about social and environmental risks and strategies for dealing with them. With offices in the main stock market centers of London and New York, and local teams in Beijing, Shanghai and Guangzhou in China, ERM consultants are experienced in helping your team understand leading-edge CSR reporting requirements from investors and other stakeholders, and creating a report which builds trust and respect.
ERM works with companies to draft effective outlines for CSR reports, determine appropriate qualitative and quantitative metrics to be included in their reports, and make decisions regarding reporting management and internal processes for managing CSR reports. We educate on external Corporate Social Responsibility reporting guidelines and standards and provide strategic counsel on transparency issues.
Throughout our work we seek to build capacity for our clients internally. We do this through training and knowledge sharing as we partner with our clients to deliver their results.
If you would like to be emailed a case study or for more information about Corporate Social Responsibility in China, please contact:
Rob Hansor
Senior Consultant, Policy and Social Team
T: +86 10 5108 8166
F: +86 10 5108 8167
robert.hansor@erm.com
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