It defines the organisation's commitment to corporate social responsibility and clarifies the scope of the policy, including the areas of focus and the stakeholders involved.
The document outlines the organisation specific goals and targets n relation to social, environmental, and ethical aspects. These objectives are aligned with the organisation's mission and values.
It establishes the roles and responsibilities of key individuals or departments within the organisation in charge of implementing and monitoring CSR initiatives. It may also include mechanisms for regular reporting and oversight.
The policy usually emphasizes the importance of engaging with stakeholders, such as employees, customers, communities, and suppliers, to understand their concerns and involve them in decision-making processes related to CSR.
It sets out the ethical principles and values that the organisation adheres to, ensuring integrity, transparency, and responsible business practices throughout its operations.
It addresses the organisation's commitment to environmental sustainability, including efforts to reduce environmental impact, conserve resources, mitigate climate change, and promote environmental responsibility within the company and its supply chain.
It outlines initiatives and activities aimed at promoting social well-being, including community engagement, employee welfare, diversity and inclusion, human rights, and philanthropic activities.
It establishes mechanisms for measuring and evaluating the organisation's progress towards its CSR objectives. This may include key performance indicators (KPIs), data collection processes, and reporting frameworks.
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