Businesses for Social Responsibility (BSR) is a nonprofit organization for compa
ID: 430213 • Letter: B
Question
Businesses for Social Responsibility (BSR) is a nonprofit organization for companies who want to operate responsibly and demonstrate respect for ethical values, people, communities, and the natural environment. Founded in 1992, BSR offers members practical information, research, educational programs, and technical assistance, as well as opportunities to network with peers on current social responsibility issues. To learn more about this organization and access its many resources, visit www.bsr.org.
What types of businesses join BSR, and why?
Describe the services available to member companies. How can these services help companies improve their performances?
Explanation / Answer
BSR work with large multinational companies, government agencies, and global and local NGOs to translate ideas into outcomes that deliver the values for every kind of business and society.
Reason for joining BSR is to translate the ideas that are environment friendly and do not result in excess utilization or wastage of natural resources.
The services offerings are designed to meet the immediate demands of a single project as well as to integrate sustainability into a company's ongoing operations. Services include:-
1. Human Rights - work includes surveying and benchmarking human rights practices and standards across the industry to aid our member companies’ efforts to craft comprehensive, responsible approaches to human rights.
2. Reporting and communication - help companies to create a reporting and communication strategies that encourages improved performance while also broadcasting that commitment to sustainability to stakeholders at every level.
3. Stake holder Engagement - work with companies to develop highly collaborative, inclusive, and innovative engagement strategies that offer mutual benefits and help improve sustainability performance.
4. Strategy and Integration -works with companies to set direction and design, and to implement a sustainability strategy that drives business value and benefits the company and stakeholders alike.
5. Supply chain sustainability - help companies develop strategic approaches, engage with suppliers, and build meaningful collaborations.
6. Sustainable Communities - design and implement community engagement strategies that can provide sustainable social and economic benefits, reduce environmental damage, and ensure the maintenance of a license to operate.
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