Hydro is a Fortune 500 energy and aluminium supplier operating in ...

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CSR in the business planning process:
Project
idea
Baseline
study
Social knowledge
Anticipating Issues
Social Impact
Assessment
The figure describes the step-by-step process of
identifying CSR in project and business planning.
A preliminary CSR assessment (baseline
study) must be carried out before major commitments,
early in the project planning process.
A more thorough CSR assessment should be
carried out for each decision point (not shown
in the model), and social risks and opportunities
identified.
CSR assessments should be included in
regular business planning, and the situation
should be periodically evaluated. The findings
Social risk
identification Business
planning
Mitigating
measures
CSR targets
and action
plans
Project
planning
Time
Reporting
of these assessments should be taken into
consideration in project and business planning,
and they should be reported through the line.
Hydro is engaged in different businesses,
and is present in a variety of cultural and political
settings. The approaches will, therefore, differ
from one project to another. In most cases
specific knowledge and competence will be
necessary.
Useful sources of information are provided
in the last chapter.