If you are a small company with a smaller budget, there are ways to integrate CSR and ESG into your values!
Small budget?
When you’re working with a small CSR budget, your best bet for the greatest impact is to focus your efforts on something you believe in.
You should decide on one cause and dedicate your dollars and your resources to supporting it.
You should also ask your team what causes they’d like to support.
By giving them input, you’re more likely to get their buy-in and make it something they really feel good about. If there’s an opportunity for them to volunteer, they’ll enjoy it that much more if it’s a cause that they care about.
Volunteering
If you don’t have dollars to donate to charity, you can opt instead to donate time through your company. Offer your staff a certain number of volunteer days each year.
The best way to do this is to have them apply for their day off by letting you know what organization they’d like to volunteer for, when, and what they’ll be doing. Then it will be at your allowance to approve it.
Go Green with CSR
At MaximusLife, we truly believe in different efforts to cut our carbon footprint and go green.
Being responsible doesn’t necessarily need to mean giving time or money to charities.
It can be as simple as taking action to operate your business in an environmentally-better way.
This could include things like:
- Swapping in energy-efficient light bulbs
- Going paperless (as much as possible)
- Banning plastic bottles and providing your staff with reusable ones
- Use green and non-toxic cleaning products in your office
- Ask your team to power down all electronics when they’re not using them
However you choose to do it, corporate social responsibility can help boost your company and make your employees happier at work.
With some planning and a strategic approach, you can do it effectively without breaking the bank.
Check out this blog for free ideas! According to Louise Dixon,
“Small and medium sized businesses don’t necessarily have the budget to contribute large cash sums, they might not have a designated individual to oversee projects and setting aside work time might feel like an impossibility when starting out or trying to grow a business.
That doesn’t mean that they can’t make a difference and contribute to society as a business. Whether it’s for the environment, for charities or working in the community, (t)here are some inexpensive or free CSR activities for SMEs during lockdown and beyond.”
There are many ways to do well socially as a small company. Contact our team to discuss solutions team@maximuslife.com.