Corporate Social Responsibility (CSR)

The National Plan on Corporate Social Responsibility (CSR),  Good for Business, Good for the Community, sets out a vision that “Ireland will be recognised as a Centre of Excellence for responsible and sustainable business practice through the adoption and implementation of best practice in CSR in enterprises and organisations as widely as possible.”

As a member of the CSR Stakeholder Forum, EI is working with other Government Departments and Agencies, representatives of the business sector and civil society, and the wider community to assist with achieving the objectives identified in the National Plan on CSR:

  • Increase awareness of CSR, its value to businesses and to society as a whole
  • Encourage enterprises to develop and implement CSR policies and practices and mainstream them into their core business operations
  • Encourage more small and medium-sized enterprises to build CSR capacity
  • Increase transparency and reporting of CSR activity by enterprises operating in Ireland
  • Anchor CSR principles in public bodies in the context of their own operations

  

CSR and SMEs

While larger enterprises may have dedicated CSR resources and formal CSR programmes, CSR is likely to remain informal and intuitive for most SMEs. Carefully implemented CSR policies can deliver tangible benefits to SMEs, helping them to:

  • Win new business and increase customer retention;
  • Develop and enhance relationships with suppliers and networks;
  • Attract, retain and maintain a happy workforce and become an employer of choice;
  • Save money on energy and operating costs and manage risk;
  • Improve your business reputation;
  • Attract investment and funding opportunities.

Additional information on CSR for SMEs can be found through the CSR Hub which provides examples of best practice case studies and advice and support for businesses who are interested in learning more about Corporate Social Responsibility.