31.01.2018 Views

Social Impact Investing

Social Impact Investing

Social Impact Investing

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

work environment can result in desirable outcomes such as more favorable job attitudes<br />

and increased work performance.<br />

The IBM Institute for Business Value conducted a survey of 250 business leaders<br />

worldwide in 2008. The survey found out that businesses have assimilated a much<br />

more strategic view, and that 68% companies reported are utilizing CSR as an<br />

opportunity and part of a sustainable growth strategy. The authors noted that while<br />

developing and implementing a CSR strategy represents a unique opportunity to benefit<br />

the company. However, only 31% of businesses surveyed engaged their employees on<br />

the company's CSR objectives and initiatives. The survey's authors also stated that<br />

employee engagement on CSR initiatives can be a powerful recruitment and retention<br />

tool. As a result, employees tend to discard employers with a bad reputation.<br />

Risk Management<br />

Managing risk is an important executive responsibility. Reputations that take decades to<br />

build up can be ruined in hours through corruption scandals or environmental accidents.<br />

These draw unwanted attention from regulators, courts, governments and media. CSR<br />

can limit these risks.<br />

Page 51 of 140

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!