Harvard Business Review identifies four main motivations for companies to create a Corporate Social Responsibility (CSR) program: moral obligation, sustainability, license to operate and reputation.
In today’s climate, while moral obligation may still be a contributing factor, it seems companies need to engage in a corporate social responsibility strategy just to keep up. In 2019, analysis by the Governance & Accountability Institute found that 90% of companies in the S&P 500 Index published a sustainability or corporate responsibility report.
A 2020 study by the Zeno Group reveals that when consumers think a brand has a strong Purpose, they are:
If you don’t already have a CSR strategy, you should get started on building one. Benefits for companies and organizations engaging in CSR fall into two camps: 1) direct, such as increased sales, and 2) indirect, such as name recognition, increased goodwill and risk avoidance. Both types of benefits are worth pursuing.*
If your organization can't afford to pay a full time employee to create your plan, we are here to help!
Implementing Corporate Social Responsibility Plan **
Initial Assessment & Plan Creation - $1,500 (12 hr. maximum)
The first assessment will include:
Monthly Support Fee - $500/month (average of 5 hours/month)
One-time Annual Support Fee - $5,500 (average of 5 hours/month)
The monthly/annual fee includes:
Annual Review & Plan update - $1,000 (to begin each subsequent year - 10 hr. maximum)
The annual review will include:
Upon receiving payment in full, Altruimpact may provide a nonprofit of your choice a FREE Strategic Workshop.
** Ask about price lock for multi-year agreements (up to 3 years).
" We loved working with Adam at Altruimpact. He made the overwhelming task of developing our corporate responsibility plan easy, intuitive, and fun. It didn't seem like work with Adam there to help us! Corporate responsibility plans are a must for any company looking to make a bigger impact with the good work that they already do. Adam helped identify the true values of our company and our people and turn those into a direct and actionable plan for making a difference in our community and within our company."
- Elizabeth Paulson, American Tent
"I worked with Adam to create marketing materials for a new venture of mine. He has a unique ability to take a large amount of data and random thoughts and create concise and meaningful statements. I ended up using a lot of his ideas in our final product. Adam’s personality and expertise made our meetings enjoyable AND efficient. Thank you Adam! "
- Steve Baue, CEO/Speaker/Coach/Consultant
*Ghoneim, 6/14/19, Why CSR Matters, Forbes
Governance & Accountability Institute, 7/16/2020, 90% of S&P 500 Index Companies Publish Sustainability / Responsibility Reports in 2019, ga-institute.com
Zeno Group, 6/17/20, Unveiling The 2020 Zeno Strength of Purpose Study, zenogroup.com
Porter & Kramer, 12/06, Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility, Harvard Business Review