Market trends suggest CSR is here to
stay.
- Increased awareness, scrutiny and corporate transparency
- Stakeholders are increasingly empowered, engaged and taking action
- Pyramid of corporate authority replaced by sphere of cross-influence
- Increase in sectoral partnerships - corporation, government, NGOs
- Development of reporting initiatives and CSR indices
- Creation of the UN Global Compact
CSR is a differentiator for corporations
- Consumers are less forgiving, more skeptical and empowered to
reward and punish, especially given the corporate scandals:
- Seventy Eight percent of Americans today say that companies have
a responsibility to support social issues (Cones, 2001)
- One in five consumers will pay more for a product labeled as social,
ethical or environmental. (Cone/Roper Study, 2000)
- In reaction to a company’s negative corporate citizenship,
91% of Americans would switch to another company and 76% would boycott
that company’s products or services. (Cone Study 2002)
- A company’s commitment to social issues is important when
consumers buy stocks and mutual funds (66%) and decide where to work
(77%) (Cone Study, 2002)
- In 2002, Americans are 30% more likely to switch from one brand
to another if that brand is associated with a good cause (Cone's
2002 Corporate Citizenship Study).
- SRI mutual funds matched non-SRI peer funds in performance; and
Community investments outperformed equity funds for the third year
in a row.
Our CSR Communications services, together with our partner
Manifest Communications, include :
Development of a CSR Communications Strategy and Action Plan by:
- Defineing the challenges/issues.
- Developing a strategy.
- Identifing right stakeholder partner and joint marketing plan
- Developing action plan
- Implementing action plan
Creative, marketing, and management services in:
- Cause marketing (or also referred to as Cause-related marketing)
- Social Marketing
- Corporate Reputation Management
- CSR and Sustainability Reporting
- Stakeholder engagement
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