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Giving back: the                                                                  people to pay o   unmanageable debts                                                                                          For the greater
                                                                                          in Brazil, for example.
                                                                                                                                                                                                                        good: six CSR drives
                                                                                            But CSR is not just  recruitment
                                                                                          PR; it can also have a tangible
        best way forward                                                                  impact on a company’s bottom line.                                                                                                Google’s Project Loon
                                                                                            Companies that integrate climate-
                                                                                          change management into strategic                                                                                              Forming a network of   oating satellites
        Far from being a nice bit of PR for well to do companies, corporate social        planning, for example, see an  18%                                                                                            near space, Loon will provide internet
                                                                                          higher return on equity  than those that
                                                                                                                                                                                                                        access to some of the  4.1 billion people
        responsibility is essential for luring in the best sta  . By Seb Murray           don’t, according to a study by CDP, a                                                                                         across the globe who do not have it .
                                                                                          non-pro  t that helps companies with
                                                                                          environmental disclosure.                                                                                                         TOMS shoes
              rom teaching kids in deprived              poor CSR practices. The survey of   “While there are many reasons why                                                                                          For every pair of shoes sold by the
          F   areas of the world to code to   ‘Companies   1,000 people found 75% of millennials   a company might achieve good results,                                                                                company,  a pair is donated to someone
              creating a platform that helps   leading   would take a pay cut to work for a   it’s clear that companies leading the                                                                                     who needs them. TOMS has shipped
        people  access a  ordable loans,   the way on    responsible company, and 83% would   way on sustainability can and do                                                                                          75m pairs, which has contributed
        companies are increasingly                       be more loyal to a business that   perform well   nancially,” says Paul                                                                                        to protecting more than 2 million
        incorporating corporate social   sustainable       enables them to contribute to solving   Simpson, chief executive.                                                                                            children from hookworm, an intestinal
        responsibility (CSR) into their business  practices   social and environmental problems.   Enterprise software company                                                                                          parasite typically acquired by walking
        plans. In 2011-2013  Fortune 500   can and do      “ To attract and retain talent, you   SAP’s 1,800 UK employees can take                                                                                      barefoot on contaminated soil.
        companies spent $19.9bn  (about £13bn)           need to show you are doing all you can   part in Africa Code Weeks in 35
        a year on initiatives that had a positive   perform well   to give back to the communities you   countries,  helping youngsters develop                                                                           Asda’s wonky veg box
        impact on society or the environment.   fi nancially’  operate in,” says Richard Donovan,   technical skills and promote economic                                                                                To tackle food
          And while some worry  CSR could                head of corporate responsibility for the   development. “I do not believe CSR                                                                                  waste, the UK
        threaten   nancial performance, a                UK and Ireland at Experian.      undermines our   nancial results,”                                                                                            supermarket group
        growing body of evidence suggests  it              The credit agency’s UK employees   says Tom Loe  ert, HR director for the                                                                                    last year began
          actually provides numerous bene  ts.           volunteered nearly 12,500 hours in   UK. “By providing the opportunity for                                                                                     selling imperfect
          For one, it can help you attract and           2016/17 to support community and   employees to do meaningful work, we                                                                                         vegetables via a
        retain talent.  Research by marketing              nancial education programmes , and   have seen higher levels of engagement   Above: fruit of the                                                             “wonky veg box”
        agency Cone Communications  found                  its social innovation programme has   and productivity. CSR can also help us   Loon – Google’s                                                               priced at £3.50, 30%
        that nearly two-thirds of young people             helped more than 9 million people   win new deals and, ultimately, grow    internet balloons                                                                 cheaper than standard lines. Farmers
                                                                                                                                      will help lift people
        won’t take a job at a company with               globally since 2014  – by supporting   our business.”                        out of poverty                                                                    may bene  t by getting money for
                                                                                                                                                                                                                        produce such as misshapen carrots,
                                                                                                                                      Right: shoe win –                                                                 which are often chucked away. Some
                                                                                                                                      for every pair sold,                                                              £13bn worth of food was wasted in
                                                                                                                                      TOMS ships a pair of
                                                                                                                                      shoes to someone                                                                  the UK in 2015 – that’s approximately
                                                                                                                                      in need                                                                           7.3m tonnes,  or £470 per household
                                                                                                                                                                                                                        per year.

                                                                                                                                                                                                                          Nu Skin’s Nourish the Children
                                                                                                                                                                                                                        Employees and customers can purchase
                                                                                                                                                                                                                        and donate a nutrient-rich food to
                                                                                                                                                                                                                        people su  ering from malnutrition
                                                                                                                                                                                                                        and famine. Since 2002, the  company
                                                                                                                                                                                                                        has donated more than 550m meals to
                                                                                                                                                                                                                        malnourished children across the globe.
                                                                                                                                                                                                                          Ikea’s Brighter Lives for Refugees
                                                                                                                                                                                                                        campaign
                                                                                                                                                                                                                        Last year,  Ikea funded a solar farm to
                                                                                                                                                                                                       Left: power to the   bring renewable energy  to the 20,000
                                                                                                                                                                                                       people – harnessing   Syrian refugees living in the Azraq camp
                                                                                                                                                                                                       solar energy in Syria  in Jordan. Each family can now power
                                                                                                                                                                                                                        a fridge, TV, fan and lights, as well as
                                                                                                                                                                                                                        charge their mobile phones – essential
                                                                                                                                                                                                                        for contacting family overseas. The
                                                                                                                                                                                                                        solar farm will save $1.5m and reduce
                                                                                                                                                                                                                        CO2 emissions by more than 2,000
                                                                                                                                                                                                                        tonnes per year.
                                                                                                                                     PHOTOGRAPHY: GOOGLE; TOMS; IKEA; GETTY                                             consumption
                                                                                                                                                                                                                          Heineken’s responsible

                                                                                                                                                                                                                        Heineken wants to brew a better
                                                                                                                                                                                                                        world. The beer maker invests 10% of
                                                                                                                                                                                                                        its media budget in some countries on
                                                                                                                                                                                                                        advertising to encourage responsible
                                                                                                                                                                                                                        alcohol consumption. It also committed
                                                                                                                                                                                                                        to invest €200m over   ve years on a
                                                                                                                                                                                                                        campaign to combat drink-driving.
                                                                                                                                                                                                                                 Be happy!   3 February 2018   9
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