CSR and Sustainability

CSR and Development MHC International Ltd advises corporations on their links with developing countries – sustainable development strategies, ailment local level development, check development instead of philanthropy. Michael Hopkins’ book on CSR and International Development – Is Business the Solution can be ordered from Routledge.

Labour market analysis and skill assessment has helped countries develop strategies to deal with the twin problems of unemployment and underemployment. Leading to major reports on skill development for the future. Studies have been carried out for the Governments of Azerbaijan, pills China, Colombia, Tunisia, Egypt, Malaysia, Qatar and South Africa.

Sustainable development

Brokerage Service and links to useful CSR and Sustainabilty sites

MHCi’s independence allows it to work as a broker for its clients. It helps them to find a passage through the increasing number of instruments and suggestions on CSR that have entered today’s arena. We also list useful sites on CSR:  AccountAbility 1000 promotes a standard for social auditing www.accountability.org.uk

Boston College’s Standards of Excellence helps to manage a companies’ community involvement www.cccr.com. Business in the Community principles for corporate community investment and the impact of sustainability on business

What is our model of CSR?

We at MHCi see CSR (and Sustainability) as a systems approach that looks at all material aspects of a corporate body i.e. all its key economic, social, financial and environmental stakeholders.  MHCi blogs with CSRwire and in our regular Monthly Features/MHCi Blogs now in their 15th year!

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What is CSR

1

Corporate Social Responsibility is a process that is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner. ‘Ethically or responsible’ means treating key stakeholders in a manner deemed acceptable according to international norms.

2

Social includes economic, financial and environmental responsibility. Stakeholders exist both within a firm or institution and outside and includes at least an organization’s leaders, staff, shareholders and suppliers as well as the consumers and users of their public goods and services.  It will also include media, Government and the wider society.

3

The wider aim of social responsibility is to create higher and higher standards of sustainable living, while preserving the profitability of the corporation or the integrity of the institution, for peoples both within and outside these entities.  The key is how profits are made, not the pursuit of profits at any cost.

4

CSR is a process to achieve sustainable development in societies.  Both CSR and Sustainability address multi-stakeholders and their materiality.  Thus CSR and Sustainability are interchangeable concepts.

5

Corporate means any body private, public or NGO [our definition applies neatly outside the traditional private corporate sphere]

6

There must be a business case for working with stakeholders.  These include the wider society and, as such, being a responsible company or institutions means working in partnership with society and being part of its long-term development.

MHCi has launched the CSR and Financial Training Institute in partnership with the Triple Bottom Group to offer certified workshops on CSR, Sustainability and Finance right across the world including a top rated online e-course.

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