Corporate Social Responsibility ( Csr ) - 1696 Words

Introduction Corporate Social Responsibility (CSR) has been a relevant subject within businesses since the early 1980’s where the concept of managing an organisation with an ethical, trans-parent and humane framework, which is critical in the development and the sustainable growth of any company (Marrewijk, 2003). REXL Group are a multi-billion, world-wide based company that provides infor-mation and analytics support solutions to business consumers for over 30 years within 4 dif-ferent market segments, recruiting over 30,000 employees in 40 different counties. The aim includes supporting better decision making, results and productivity with the businesses of their clients. REXL holds the vision for the long-term success of the company†¦show more content†¦There are 17 SDGs that the Global Compact use as a guidance for companies including No poverty, Quality Education, and cli-mate action which all have a possibility of coinciding with another goal. The Communication on Progress (COP) report is an annual review of a company’s commitment to the principles and SDGs of the Global combat and was introduced to provide stakeholders with the rele-vant information. CR Reporting The structure of REXL Group as an international organization is its 3 head offices based in the UK, Amsterdam and New York. They operate with 4 market segments - Scien-tific, Technical Medical; Risk Business Analytics; Legal; and Exhibitions, gained  £5,689 million of revenue in 2016. Internal engagement is supported for over 750 employees to ac-tively develop CR within the organisation. Frameworks including Accessibility Working Group (Appendix 1); Environmental Champions Network and the Socially Responsible Sup-plier Group. Frequent reviews of REXL CR governance, reporting and supply chain activities through utilising auditing enhances the performance by being aware of issues and areas to im-prove. Within the REXL Group there are 37 board members (as well as all employees) such as the Director of corporate affairs who are accountable to the company’s corporate responsibil-ity forum where the companies CR performance is monitored. The business has multiple CR objectives with the following being the most relevant to the issueShow MoreRelatedCorporate Social Responsibility And Csr1566 Words   |  7 PagesSocial responsibility or also called Corporate Social Responsibility (CSR)- is the firm’s engagement (voluntarily initiated) in and its compliance (legally mandated) to environmental, social, and governance issues (The Foundation, 2014). Also, is based on stakeholder’s needs being financially sustainable, and CSR can come from both corporate or not-to-profit organizations. CSR has seven categories; Leadership, vision and values; Marketplace activities; Workforce activities; Supply chain activities;Read MoreCorporate Social Responsibility ( Csr )1167 Words   |  5 PagesCorporate Social Responsibility Introduction Corporate social responsibility (CSR) is a concept which is also known as corporate citizenship, corporate conscience or in a simple way a responsible business. It is an integrated concept of self-regulatory business model for any organisation. Corporate Social Responsibility has been in practice for more than fifty years now, which has been adopted not only by domestic companies but also by transnational company with voluntary CSR initiativesRead MoreCorporate Social Responsibility : Csr1232 Words   |  5 PagesCorporate social responsibility has become a buzzword within the industry in the last few years. Following the financial market crash investors and stakeholders began looking at corporations to act more socially responsible. 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This has resulted in the emerging interactions between organizations and social segments thus giving riseRead MoreCorporate Social Responsibility ( Csr )1173 Words   |  5 Pages Corporate Social Responsibility (CSR) is highly important to Millennials. If a company is lacking a CSR plan, now it a good time to start one. Millennials are looking for ways in making a positive impact on the world and are expecting the same from companies. They are looking for companies that contribute to the betterment of communities and the environment. Millennials put great value in supporting such brands, companies and organizations that share these values. Companies without a CSR in placeRead MoreCorporate Social Responsibility : Csr979 Words   |  4 PagesThe notion of Corporate Social Responsibility is a phenomenon globally known for many years. 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