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What Is Corporate Social Responsibility and Its Benefits? Discussed by Sheltered by Grace

 

Waterford, Australia -- (SBWIRE) -- 06/23/2015 -- Sheltered by Grace is an Australian charity in Logan, Brisbane that has been established to counter homelessness by transforming lives through their full case management program. The charity is also helping society by educating people through blog posts that discuss the various ways individuals and organizations can help society. The latest blog piece discusses What is Corporate Social Responsibility and its positive impacts.

The SBG article shares the Wikipedia definition CSR or corporate conscience, corporate citizenship or responsible business as a form of corporate self-regulation integrated into a business model. CSR is about business giving back to society. Organizations are realizing the big part they play in shaping not only their own future but also the economy and the society they are taking resources from. This realization has propelled many businesses to actively give back. The article by SBG states: "Current economic conditions have created an environment in which CSR has become increasingly challenging and acutely necessary, not just a fringe benefit. In fact, CSR often results in improving efficiency of organizations during tough times." The article shares other corporate social responsibility definitions.

The benefits of CSR exceed social contributing factors because it can be effective as a business tool also. The Sheltered by Grace article lists the 10 different reasons to be a socially responsible business which have been extracted from the sustainability survey report by Pricewaterhousecoopers. It highlights some of the more obvious reasons such as boost to reputation of the business and competitive advantage as well as the not so apparent ones such as SRI Demand and Top Line Growth. CSR activities also help in boosting employee morale.

Finally, the piece acknowledges the growing rate of Australian companies that are contributing to charities as a positive sign of ethical excellence and shed light on the current problem of homelessness that Australia is facing, something not only individuals but also organizations have to counter and overcome to ensure that the Australian community, business and economy flourish together. Donating to charities such as Sheltered by Grace ensures that the people in need can be helped through the helping capabilities of the charities with the support of socially responsible businesses.

About Sheltered by Grace
Sheltered by Grace are homeless shelters based in Logan, Brisbane. We are passionate about the transformation of lives, and do this through supported accommodation with 24-hour onsite support and a full case management program.

For more information please visit: http://www.sbg.org.au/

Sheltered by Grace
info@sbg.org.au
Waterford, Qld 4133
http://www.sbg.org.au/