ESG and CSR
Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public. (Investopedia) While CSR holds businesses accountable for their social commitments in a qualitative manner, ESG helps measure or quantify such social efforts.
A 2021 PWC survey reported that 80% of global consumers expect companies to do more than make a profit, but also operate responsibly to address social and environmental issues. This same group of consumers/workers indicated that they would prefer to buy from or work for ESG committed organizations.
Doo Consulting can help you realize your vision for environmental performance and social engagement, initiate an ESG assessment, or develop an action plan for corporate social responsibility (CSR) based on your priority concerns.
With the Small Business Administration (SBA) citing that 28 million small businesses in America account for 54% of all US sales, the profound potential for environmental and social progress from these small businesses must be recognized and cultivated. The potential benefits to small organizations are wide-ranging and proven. Many small businesses have an environmental or social mission, whether sourcing materials locally, promoting a positive social initiative, or simply efficiency of operations. While the mission may be clear, execution may be more challenging as most small businesses cannot afford a dedicated sustainability or CSR director, and most others in your company are too busy to take on this endeavor. Doo Consulting can help formalize and document the organization’s goals in a cost-effective way that will increase awareness within the company, communicate to customers, provide measurable outcomes to investors, and bolster image and brand recognition.
We have developed an affordable process for small businesses and non-profits to assess an organization’s mission, interests, current practices, and stated goals. Through an on-line survey tool, interviews, and site-assessment we gather data that will help us benchmark your operations and recommend a plan that will help you achieve your stated environmental and social impact goals. The final assessment report may be used as a basis to outline the actions and targets of a continuous improvement program and to share your story more completely with your staff, customers, investors, vendors, and other stakeholders.
You can’t manage what you don’t measure. For organizations wishing to quantify your environmental or social impact, contact us at info@bviwebsites.com.
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