BE Blogs: A Voice for Responsible Business
Does your small business really need CSR?
Lots of people may ask, “Why should a company implement a corporate social responsibility program?” But what they really mean is, “Why should my company buy into CSR?” And it’s a valid question, especially for a small enterprise. Why should a small company devote the time and resources it takes to become more socially responsible?
GRI & Sustainability: The Small Business Advantage
The following is a guest post by Jennifer Roberts, content strategist at Collective Intellect. Contact us if you would like to be a guest author for BusinessEarth.
The Global Reporting Initiative (GRI) provides a framework for companies to measure and report their economic, environmental, and social performance. At first glance, a formal framework may seem overkill for a small business. However, the core principles of the GRI can benefit small players as much, if not more, than a Fortune 500 company.
Measuring Beyond the Bottom Line
Revenue and profit are critical to your operation. If you don’t keep tabs on these numbers, your business won’t survive. The GRI is simply an extension of these metrics that allows you to measure the impact of your business on your environment and community (including your customers).