The impact of global CSR strategies
The impact of corporate social responsibility strategies can already be felt on the global level. Many companies have understood the benefits for business and society in implementing corporate social responsibility strategies. It is of special importance that large enterprises undertake corporate social responsibility strategies because there is a potential for a large impact, both socially and environmentally. In combination with many local SME corporate social responsibility activities, there is a greater potential for meeting UN Sustainable Development Goals on a global scale.
Corporate social responsibility strategies and projects can improve the lives of citizens, protect environment and affect the development of local communities. The image and reputation of company is boosted through CSR, also benefiting the growth and sustainability. Long term strategy is thus global implementation of corporate social responsibility and spreading of corporate social responsibility culture by setting many good practices as an example.
A successful corporate social responsibility strategy is one oriented to making results and improvement of social and environmental world, thus effective in making a business more successful, not only in economic terms. Larger enterprises have an opportunity and potential for large impact and the responsibility to make a positive impact on a global scale.
Author: Global Impact Grid