Anticipating Top Corporate Social Responsibility (CSR) Trends for 2022 We already know that Corporate Social Responsibility and Sustainability are trending topics, especially amongst Companies and Brands that understand that their contribution can affect everything: from the way things work, to how they are being processed, to how the end consumers perceive and view everything. We are happy to see that times are changing and we are even more happy to be part of the active change. Because of this reason, we prepared a requested topic, that we hope will reflect some insights and provide answers from our industry. This article is meant to offer answers to some of the most frequently asked questions when it comes to CSR in 2022. Here are some of the questions: What are the top CSR trends for 2022? Will there be more positive change? Where can we expect to see an increase in demand? What is being valued and what are the current regulations in regards to CSR and Corporate Social Responsibility reporting? Are companies and brands actively getting involved? The answers to all of these questions and even more, you will find in this article. Let’s get started with some of the top CSR trends that we anticipate to see this year. Companies are actively seeking to implement CSR Strategies Companies are further embracing and actively seeking to implement and develop in depth CSR strategies. This phenomenon is mainly happening because business leaders and business experts see how much of an impact CSR has over a company’s growth process and everyone involved. This is especially powerful, during times like these. It is important to mention that, even if Corporate Social Responsibility is not something new and has been part of businesses for a long time, we are excited to see that more and more companies and brands are getting involved and are rethinking their ways and processes. For 2021, we are anticipating further growth in this sector and we expect to see more companies not only creating and implementing CSR strategies, but coming up with new initiatives. Initiatives that are well built around core business competencies, strengths and opportunities. Re-evaluating and Implementing New Sustainable Development Goals We hope that by now, you are familiar with the 17 goals of sustainable development goals. (SDGs) that are taking part from “the 2030 Agenda for Sustainable Development”, adopted by all United Nations. If you are not familiar with these, please check the following image. We anticipate that in 2022, more companies will re-evaluate these goals and see how they can implement, set and create achievable goals in order to help contribute to these matters. Actively participating in causes that matter Since a few years back, we started to see an uptick in: employees, customers and the general population actively participating in causes that matter. Some of the popular activities that are on the rise include (but don’t limit to) : volunteering, living a more sustainable life, shopping more consciously, looking for better alternatives for the Planet, re-thinking our food choices, embracing a new way of shopping or traveling. We expect that this trend will not only continue but it will rise. We expect to see: • more consumers getting involved and sharing feedback for the brands they love • more consumers getting involved and sharing feedback for the companies they work for • more companies offering programs that support and help employees on their journey • more companies re-thinking their products and looking to offer more sustainable, ethical and eco-friendly products • companies and brands actively participating and creating change and leading by example Reporting and Technology will be integrated in each CSR practice We expect to see more companies releasing CSR reports and embracing technology, which will be integrated in every CSR practice, campaign and strategy. There is no doubt that sharing information while processing it wisely using technology will lead to new ways of doing business and 2021 feels like it is just the beginning of all these exciting changes that are on the rise. QUESTION: 1. Write a reflection on the Current Global Trends in CSR.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Anticipating Top Corporate Social Responsibility (CSR) Trends for 2022 We already know that Corporate Social Responsibility and Sustainability are trending topics, especially amongst Companies and Brands that understand that their contribution can affect everything: from the way things work, to how they are being processed, to how the end consumers perceive and view everything. We are happy to see that times are changing and we are even more happy to be part of the active change. Because of this reason, we prepared a requested topic, that we hope will reflect some insights and provide answers from our industry. This article is meant to offer answers to some of the most frequently asked questions when it comes to CSR in 2022. Here are some of the questions: What are the top CSR trends for 2022? Will there be more positive change? Where can we expect to see an increase in demand? What is being valued and what are the current regulations in regards to CSR and Corporate Social Responsibility reporting? Are companies and brands actively getting involved? The answers to all of these questions and even more, you will find in this article. Let’s get started with some of the top CSR trends that we anticipate to see this year. Companies are actively seeking to implement CSR Strategies Companies are further embracing and actively seeking to implement and develop in depth CSR strategies. This phenomenon is mainly happening because business leaders and business experts see how much of an impact CSR has over a company’s growth process and everyone involved. This is especially powerful, during times like these. It is important to mention that, even if Corporate Social Responsibility is not something new and has been part of businesses for a long time, we are excited to see that more and more companies and brands are getting involved and are rethinking their ways and processes. For 2021, we are anticipating further growth in this sector and we expect to see more companies not only creating and implementing CSR strategies, but coming up with new initiatives. Initiatives that are well built around core business competencies, strengths and opportunities. Re-evaluating and Implementing New Sustainable Development Goals We hope that by now, you are familiar with the 17 goals of sustainable development goals. (SDGs) that are taking part from “the 2030 Agenda for Sustainable Development”, adopted by all United Nations. If you are not familiar with these, please check the following image. We anticipate that in 2022, more companies will re-evaluate these goals and see how they can implement, set and create achievable goals in order to help contribute to these matters. Actively participating in causes that matter Since a few years back, we started to see an uptick in: employees, customers and the general population actively participating in causes that matter. Some of the popular activities that are on the rise include (but don’t limit to) : volunteering, living a more sustainable life, shopping more consciously, looking for better alternatives for the Planet, re-thinking our food choices, embracing a new way of shopping or traveling. We expect that this trend will not only continue but it will rise. We expect to see: • more consumers getting involved and sharing feedback for the brands they love • more consumers getting involved and sharing feedback for the companies they work for • more companies offering programs that support and help employees on their journey • more companies re-thinking their products and looking to offer more sustainable, ethical and eco-friendly products • companies and brands actively participating and creating change and leading by example Reporting and Technology will be integrated in each CSR practice We expect to see more companies releasing CSR reports and embracing technology, which will be integrated in every CSR practice, campaign and strategy. There is no doubt that sharing information while processing it wisely using technology will lead to new ways of doing business and 2021 feels like it is just the beginning of all these exciting changes that are on the rise. QUESTION: 1. Write a reflection on the Current Global Trends in CSR.
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