4 steps to report your ESG standards

Show your Pride: Four steps to Report your ESG standards:
1. Identify the issues
2. Monitor them
3. Mitigate them
4. Report & inform on those issues
As we have said Corporate Social Responsibility is the way a company shares its basic values and the stakeholders are the people or groups of people who are involved in the business’s sphere of action and for whom the results of the impact are either positive or negative.
For example, the community is a stakeholder when a business installs a new processing plant, and the community (where the workers come from) and the environment (which will be affected by residues from industrial processes) are Stakeholders, since they end up being affected in some way.
Thus, when an organization goes into operation, it identifies it´s stakeholders by mapping who is going to be affected in the zone and how. CSR mitigates negative impacts and positive ones are maximized for everyone that is involved in some way. This is achieved by carrying out CSR projects.
CSR has also been defined as follows: “Social responsibility is the way for a company to conduct business such that it becomes co-responsible for social development. A socially responsible company is one that is able to listen to the interests of different parties (shareholders, employees, service providers, suppliers, consumers, community, government and environment) and incorporate them in the planning of its activities, endeavoring to address all of them, not just those of shareholders and owners.”
From the book Partnerships & Networks that can be found on Amazon: www.amazon.com/dp/B09J1T8D2M/...
The path towards sustainable development has been longer and steeper than expected, according to the current structural and economic models. But there is an alternative to shorten the route. The social impact of development projects is higher when there is a link between the three sectors of society, the government, business and civil society organizations, and then reach the goals set in the social, economic and environmental areas.Empirical evidence indicates that, by giving representation to more sectors of society, society creates inclusive and not extractive institutions. Why inclusive institutions lead to development? as is suggested by authors such as J. D. Acemoglu and James Robinson in their book Why Nations Fail: The Origins of Power, Prosperity, and Poverty. We know from CSR that the correct use of stakeholder's maps, help assign appropriate weight to all Stakeholders. Which helps establish inclusive and non-extractive models. We also reviewed the cases of successful public-private partnerships and realized that they have, both, an altruistic impulse as well as an utilitarian one. What is important is the ability to create inclusive institutions.What should be considered when designing and implementing a social project or government policy? How can businesses benefit by linking with other sectors? How can civil society organizations mobilize actions and resources for the causes they support? How can the society benefit from an integration of all actors? Maximiliano Brandt provides answers to these and other questions in this book, seeking to offer practical and meaningful solutions to current environmental, economic and social problems using tools applicable to public institutions, businesses and civil society organizations.
Our tools and experience give you the path to the highest ESG Standards
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