3MARKET Corporate Social Responsibility Seminar Dave Newton Chief Executive West Itchen Community Trust.

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Presentation transcript:

3MARKET Corporate Social Responsibility Seminar Dave Newton Chief Executive West Itchen Community Trust

CSR - A Two-Way Street £ £ SOCIETYBUSINESS

The Triple Bottom Line Environmental Social Economic

Levels of Commitment ReactiveProactiveCompliantEvasive ETHICALUNETHICAL 1234

Types of CSR activities Business basics Commercial initiatives in the community Community investment Charitable gifts Long term strategic involvement in the community Intermittent support to a range of good causes Activities in the community usually aimed at increasing sales Running core business activities in a responsible manner

Drivers for CSR Positive: Brand Talent Reduce Investor Risk Goodwill Cost-effective Business Tool

Drivers for CSR Negative: Risk to Reputation License to Operate Duty of Care Directors Duties Carbon Tax?

CSR & Social Enterprise £ Business Society CharityCharity Shop Social Enterprise Ethical Business Business Enterprise Ethics

Social Enterprise V CSR Private Sector: Financial return for Investors Social Sector: Social Change for Beneficiaries

Social Enterprise & CSR Benefit for Private Enterprise: Improved Social or Environmental Impact CSR integrated without additional 'grants' Benefit for Social Enterprise: Increased customer base Increased profits Greater impact