ISO 26000 (Social Responsibility)
The notion of social responsibility in a broader context guides the organization to achieve its goals by taking into account the reasonable expectations of its stakeholders in a sustainable way.
The activities and decisions of an organization have an impact on society and the environment in a wider context. Reviewing and managing activities in terms of corporate governance and a healthy environment would have a positive impact on an organization's sustainability. CSR (Corporate Social Responsibility) mitigates the risks by taking into account the social and environmental sphere of the organization.
Social responsibility assessment provides a holistic approach to key segments such as – governance, human rights, labor, environment, business practices, consumers and community.
TUV NORD will conduct your social responsibility assessment in accordance with the ISO 26000 guidelines. The assessment consists of several phases:
1. Identifying potential impacts of an organization's decisions and activities in order to avert and mitigate these impacts.
2. Determining the relevance and scope of the key topics and issues.
3. Assessing an organization's sphere of influence and the exercise of influence.
4. Setting priorities for addressing issues.
5. Integrating social responsibility into an organization's governance, systems and procedures.
6. Communicating social responsibility performance and commitments
7. Engaging stakeholders to resolve their issues to create a transparent environment in the organization.
8. Reviewing and improving the organization's social responsibility policies and practices.
Advantages of Social Responsibility
- Better brand awareness & positive business reputation
- Organizational growth
- Improved financial performance
- Increased sales and customer loyalty & easier access to capital
- Savings on operating costs
- Better ability to attract and retain talent