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3MARKET Corporate Social Responsibility Seminar Dave Newton Chief Executive West Itchen Community Trust.

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Presentation on theme: "3MARKET Corporate Social Responsibility Seminar Dave Newton Chief Executive West Itchen Community Trust."— Presentation transcript:

1 3MARKET Corporate Social Responsibility Seminar Dave Newton Chief Executive West Itchen Community Trust

2 CSR - A Two-Way Street £ £ SOCIETYBUSINESS

3 The Triple Bottom Line Environmental Social Economic

4 Levels of Commitment ReactiveProactiveCompliantEvasive ETHICALUNETHICAL 1234

5 Types of CSR activities Business basics Commercial initiatives in the community Community investment Charitable gifts Long term strategic involvement in the community Intermittent support to a range of good causes Activities in the community usually aimed at increasing sales Running core business activities in a responsible manner

6 Drivers for CSR Positive: Brand Talent Reduce Investor Risk Goodwill Cost-effective Business Tool

7 Drivers for CSR Negative: Risk to Reputation License to Operate Duty of Care Directors Duties Carbon Tax?

8 CSR & Social Enterprise £ Business Society CharityCharity Shop Social Enterprise Ethical Business Business Enterprise Ethics

9 Social Enterprise V CSR Private Sector: Financial return for Investors Social Sector: Social Change for Beneficiaries

10 Social Enterprise & CSR Benefit for Private Enterprise: Improved Social or Environmental Impact CSR integrated without additional 'grants' Benefit for Social Enterprise: Increased customer base Increased profits Greater impact


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