You are on page 1of 13

BENEFITS OF

SOCIAL
RESPONSIBILITY
REPORTER: SHELLA ME BACONG CANENCIA
WHAT IS CSR?
Corporate social responsibility is the concept of incorporating philanthropy, ethics,
and activism into business practices to benefit both society and the company itself.

2
9
BENEFITS OF
SOCIAL
RESPONSIBILITY
INCREASED BRAND
RECOGNITION
01

Tapping into the zeitgeist with a


socially-conscious CSR effort
can bring your brand to the
attention of people who may
have otherwise never heard of
it. 

5
BOOSTED COMPANY
REPUTATION
02

Recognition isn’t worth much if


your reputation is tarnished

6
03 BOLSTERED PUBLIC TRUST
04 IMPROVED CUSTOMER
LOYALTY

Once your reputation for CSR work is If you can show that you give back,
established, you can’t rest on your customers are willing to come back
laurels. Many people intrinsically don’t repeatedly. A 2019 study by Statista
trust corporations and think they’re “just found that 70% of customers are more
in it for the money.”  loyal to companies that showcase CSR
efforts.

7
TOPIC 05 ACCELERATED CAPITAL
GROWTH

Positioning yourself as “part of the team”


gives you a chance to reach a wider
customer base and price your products and
services with a social consciousness Maintaining a reputation as a giving,
premium.  grateful, and socially conscious organization
is not an approach every business takes. 

TOPIC 06 DEEPENED
COMPETITIVE ADVANTAGE

8
EMPLOYEE RETENTION
RATES
07

With employee retention being


more difficult to achieve than
it’s been in a generation,
refusing to address CSR
concerns can have a caustic
effect on your company’s ability
to attract and keep top talent.  

9
 
INVIGORATED EMPLOYEE ENGAGEMENT 08

Your motivation to make a difference in Whether it’s with your customer base,
society motivates your employees to workforce, business associates, or the
engage more in their work. In a world at large, strong CSR efforts will help
whitepaper published by America’s you forge relationships that can be
Charities, CSR practices are directly linked beneficial to everyone involved.
to improved job performance and
productivity among employees.

REVITALIZED RELATIONSHIP BUILDING 09


10
GREATER SUSTAINABILITY
10
• Destroying the environment
will ultimately negatively
impact your business, so
environmental CSR makes
sense in a real way. However, it
also makes economic sense. 

11
REFERENCES
https://
www.investopedia.com/ask/answers/041015/why-social-responsibility-important-bus
iness.asp

https://
www.nibusinessinfo.co.uk/content/business-benefits-corporate-social-responsibility

https://
books.google.com.ph/books?id=PGahDwAAQBAJ&printsec=frontcover&dq=corporate
+social+responsibility+books+free+download&hl=en&sa=X&ved=2ahUKEwiwxqyl1KX
4AhXH-DgGHSpXC8QQ6AF6BAgEEAI#v=onepage&q&f=false

https://www.teambonding.com/10-business-benefits-of-corporate-social-responsibili
ty/

9
THANK YOU !
SBACONG03242@LICEO.EDU.PH

You might also like