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East Midlands Chamber News

Survey delves into CSR commitment

Over the past ten years, pressure has grown on firms large and small to give something back to the community.

Called Corporate Social Responsibility, it started more or less as a nice-to-have add-on to corporate activities, sometimes with the incentive of being tax deductible, but is now viewed by many as fundamental to strategic policy.

It takes many forms, from advocating global solutions for issues such as climate change, poverty, equal and human rights to offering staff to work with local charities on specific projects.

How many firms are actively involved in CSR activities and in what form isn’t fully known, so the Chamber is using its Quarterly Economic Survey for the fourth quarter of 2017 to start compiling data about this growing phenomenon.

Firms taking part in the survey, which feeds regional information into a national survey about business success over the previous three months and expectations for the next three, will be asked whether they are currently actively involved in CSR projects or plan to be, what they might involve and whether the CSR activities form part of their strategic plans.

Next February, the Chamber will be hosting a regional CSR conference, at Trent Bridge, Nottingham, which will examine current practice in the region and look at ways of developing sustainable relationships between the private and charitable sectors and offer delegates help getting started with CSR.

Chris Hobson, the Chamber’s Director of Policy, said: “Corporate Social Responsibility has really taken off in the past decade and is as diverse as the firms involved in it. What we want to do through the Q4 QES is get a feel for how widespread it is and who is doing what with whom and how often.”

To take part in the Q4 QES, visit http://bit.ly/2ym44Ay.