Socially responsible considerations to implement in the workplace
- Ethical business practices: Make sure your company is following ethical practices and complying with legal requirements. For example, when it comes to employment, providing salary transparency and employee benefits, such as healthcare, education and flexible work schedules, shows employees that you value them as individuals and support their long-term development.
- Sustainable initiatives: Look for ways to reduce waste, improve energy efficiency and minimize the environmental impact of your operations. For example, a restaurant can serve locally sourced food or a retailer can use compostable packaging.
- Invest in the community: Consider dedicating time and resources to local causes or initiatives that are important to you and your employees.
- Diversity and inclusion: Take steps to create a more inclusive workplace by emphasizing diversity and understanding in terms of race, gender, age and sexual orientation.
What to avoid when creating a socially responsible workplace
Social responsibility should not be used to greenwash or compensate for past misdeeds. Companies should also avoid making empty promises and token gestures regarding social responsibility, as this can undermine your credibility and lead to reputational damage.
Additionally, businesses should avoid using CSR to boost sales or increase profits, as this can lead to customer mistrust and dissatisfaction. Finally, it’s critical to not forget the importance of transparency. Businesses should strive to be transparent about their CSR initiatives and make sure they are clearly communicating their goals and progress.
Effective examples of CSR
The following are examples of how companies can make their commitment to social responsibility part of their core business strategies:
- An outdoor apparel company could commit to using regenerative materials and creating closed-loop supply chains to reduce environmental impact.
- An ice cream company could be dedicated to sustainable sourcing and using fair-trade ingredients. They also could advocate for social justice issues, such as LGBTQIA+ rights and climate change awareness.
- A tech giant could commit to addressing economic inequality by investing in underserved communities and providing scholarships and internships for young people from disadvantaged backgrounds.
Earn a business degree from University of Phoenix
If you’re looking to learn more about online business programs that prepare students with skills for a variety of career paths, consider a program at University of Phoenix. Whether you’re looking to build the fundamentals or advance your skill set, there are plenty of degrees and certificates to consider.
Associate of Arts with a concentration in Business Fundamentals — From management to accounting, skills learned in this program are essential for anyone looking to advance in their business education.
Bachelor of Science in Business — Knowledge of the ins and outs of running a business can spell the difference between success and failure in a competitive business world.
Master of Business Administration — Prepare for higher leadership roles in an organization. This degree program can prepare graduates for careers as business managers, operations directors and more.
Master of Management — Take your understanding of business organization and management to an advanced level. This degree program is perfect for those with experience in the workforce who are looking to take on greater leadership roles.
Doctor of Business Administration — Expand your understanding of organizations, work environments and industry. This program invites participants to delve into cutting-edge research in the field of business and develop skills for solving complex organizational problems.