How CSR can improve your company’s bottom line
According to France Stratégie*, the economic performance of companies that have undertaken a CSR initiative is about 15% better than those that haven’t.
WHAT EXACTLY IS CSR?
Initially, CSR (Corporate Social Responsibility) referred to the various things that companies do to significantly reduce their environmental footprint and improve their impact on society.
But today CSR has come to mean much more and encompasses the management of human resources, corporate governance and relationships with customers, suppliers and consumers.
THE CSR VALUES OF CHESNEAU’S PARTNER NETWORK : Consumer concerns / Local communities and their development / Human rights / Fair business practices / The environment / Work relations and conditions
WHY COMPANIES SHOULD CARE ABOUT CSR
Corporate social responsibility can boost profits by reducing energy bills, administrative expenses and other structural costs, and identify risk areas both within and without the company. A CSR approach also increases employee engagement, reduces turnover and makes for a more productive workforce.
Furthermore, by engaging in CSR programmes companies can stand out from the competition and differentiate themselves as a credible partner.
LOWER INSURANCE PREMIUMS
Companies that are engaged in a process of continuous improvement are less exposed to business disruption caused by damage or loss of property, and to human resources risks, such as high absenteeism due to sick leave.
By entrusting us with their insurance needs, our clients will gain access to our network of partners, which are as committed to CSR as we are.