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Corporate Social Responsibility

Corporate Social Responsibility has long been a driving factor for companies looking to pursue ethical business practices. You need solutions that help you understand your impact on communities and the environment so you can ensure positive outcomes for all stakeholders.

Corporate Social Responsibility Leads to Valuable Business Outcomes

Corporate Social Responsibility (CSR) is an important aspect to ethical business operations. There are multiple areas of CSR that a business may focus on depending on their industry, but generally – environmental conservation, philanthropy, social impact, and sound diversity and labor practices shape a CSR strategy.

CSR differs from Environmental, Social, Governance (ESG). When it comes to CSR, there is a stronger focus on philanthropy, volunteerism, and positive brand perception developed through socially responsible practices. ESG has emerged as an investor view that measures the impact that non-financial environmental, social, and governance factors have on enterprise value creation.

However, there are certain areas where the two overlap. A company with a strong CSR strategy likely takes a proactive approach to environmental sustainability initiatives – like carbon foot-printing and reducing waste, social impact programmes – such as ethical sourcing, as well as diversity, equity, and inclusion. These aspects are also considered by many ESG standards setters such as The Value Reporting Foundation (formerly SASB), GRI, and more.

Ultimately, CSR and ESG differ – but each are founded on the idea that considering business impact on non-financial stakeholders can lead to positive business outcomes.

Learn More about ESG Compliance

What You Need

Environmental, Social and Governance

Effortlessly manage and integrate data from your organisation to create formatted reports for ESG rating service providers. Resource and other inputs are automatically transformed into ESG-ready data that investors rely on.

Environmental Sustainability Management

Collect and highlight results from natural resources mix and greenhouse gas emission calculations to see how environmental sustainability initiatives are impacted.

Responsible Supply Chain

Assess third parties to determine their sustainability efforts. Benchmark results against a broader pool of suppliers. Integrate results with RFP/RFI process and Scope 3 data capture that third parties require for reporting.

Conflict Minerals Management

Integrate supplier data with NAVEX ESG to manage responsible sourcing of conflict minerals. Ensure suppliers are Dodd-Frank Conflict Mineral compliant. Create Conflict Mineral Report Template (CMRT) reports ready for SEC Form SD filing.

Steps You Can Take to Build out Your ESG Plans