Learn how today's Best-Run Companies are achieving Economic, Social, and Environmental Success - and How You Can too...

How do you leverage the GRI Standards to go beyond best practices and choose a unique position? doing things differently from competition in a way that better serves a particular set of stakeholder needs

Helping you build and maintain favourable reputations and relationships with key stakeholders

 

Corporate Social Responsibility (CSR) Done Responsibly

Many companies are not aware of the impacts their actions have, not only with their stakeholders but also on the environment. 


With sole focus on achieving their objectives, they are often unaware that they could be causing serious damage and alienating their stakeholders to the extent that they might start to work against them and threaten their very existence.

FBRH csr done responsibly article 28 12 15These same companies fail to realise that implementing a few Corporate Social Responsibility-related activities ‘for the sake of it’, can only be viewed as superficial, and is not a responsible way of implementing CSR.

 

More and more companies are taking a structured, quantified and methodological approach to their operations in relation with CSR. They are aware of their impact on the environment and their main stakeholders: investors, clients, human resources, suppliers and society. They communicate with their stakeholders and, with their input, define the most significant impacts their company has. They measure, set targets, take action to minimize their negative impacts and report the outcomes in their CSR report.

A responsible oil and gas company, for example, will make every effort to avoid, minimize, and contain oil spillages. It is of fundamental importance to report on crucial data such as this rather than, say, reporting on how much photocopy paper they are saving! In the case of Cyprus, for example, a major oil spill could have huge negative repercussions on the all-important tourism sector. So, it’s important that a company be aware of its impact – and its potential impact – on the world around it.

This is Corporate Social Responsibility reporting done responsibly.

 

Mandatory reports in the EU

The European Union has demonstrated a strong commitment to corporate transparency and sustainability by making it mandatory as of 2016 for large companies/organizations to publish Corporate Social Responsibility Reports.

CSR done responsibly empowers companies EU wide to foresee and manage risks. Its in a way an insurance policy that the value which has been painstakingly built is sustained in the foreseeable future. Sustainability reporting is like switching on you radar.

 

CSR reporting benefits

Companies and organizations are finding that by collecting and analyzing data on economic, environmental, social and inter-governmental performance they can identify and better manage the issues that affect the success of their business. They can benefit from: improved profits, brand recognition / enhanced reputation, customer loyalty, business opportunities, innovation/ better quality, employee loyalty and better efficiency.

 

GRI - the gold standard in CSR reporting

The Global Reporting Initiative (GRI) framework is the gold standard when it comes to CSR reporting. It is no coincidence that 80% of the largest 250 companies worldwide issue Corporate Social Responsibility (CSR) in accordance with the Guidelines of the GRI.

 

2 Day Certified GRI Seminar

FBRH Consultants Ltd is a GRI Certified Training Partner. It provides participants with the necessary specialized seminars, which are certified by GRI to start and complete their CSR report. Details regarding participation for companies and individuals in Cyprus can be found at the link https://www.fbrh.eu/en/start-csr.

Learn how today’s best-run companies are achieving Economic, Social and Environmental success - and how you can too.

 

 

 

 

 

 

GRI CERTIFIED TRAINING PARTNER
ACCREDITED IEMA TRAINING CENTRE

FBRH Consultants Ltd was founded in 2001 and specializes in Certified
Sustainability training, Sustainability Strategy Consulting and Communication
Services, with major customers in the UK and Europe

Since 2008 FBRH has project managed the preparation and communication of
over 40 CSR/ Sustainability reports for major corporations based on the Global
Reporting Initiative (GRI) Standards.

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