Corporate responsibility is a business approach that is helping companies redefine and achieve business success: by managing your environmental, social and economic impacts and your stakeholder relationships more effectively, you can build a competitive edge in attracting customers and investors and stimulate long-term profitability.

Purpose

With a social accountability system, you can address social and ethical aspects of your business. Implementation of a social accountability system communicates to customers that you work to ensure a humane workplace for all your employees.

Incorporating corporate responsibility into your operations means that you strive for a balance between the environmental, social, and economic performance of your business. It means that you commit to working with employees, community, and society at large to improve their quality of life.

Implementing a social accountability system can give you an advantage, as consumers are increasingly becoming ethical shoppers. They want to know that the products they buy have not been manufactured through exploitation of workers. Consequently, it can improve your relationship with non-governmental organisations, governments, and the public in general.

A clear commitment to social and ethical principles can also make you a more attractive employer, as employees are increasingly looking to work with companies they can identify. Letting your employees know that you care about their welfare can also increase your productivity. Loyal employees are committed employees.

Benefits

Through our services related to extra-financial risk assessment and rating, we assist companies in providing more transparent and reliable information on their intangible values and material risks. We take an investor’s view of corporate governance and corporate environmental and social performance.

We will help you assess and identify your critical issues, allowing you to streamline your own resources and processes. You can reduce time spent reacting to events, and define your own customised path towards business improvement and sustainable growth, while communicating trust and satisfying consumer demands for sustainable operations.

Based on internationally recognised principles, DNV has developed its own verification protocol for sustainability reporting. We can verify corporate responsibility reports, conduct ethical supply chain audits, and certify social accountability management systems to the SA8000 standard.