January 20, 2022

What is Corporate Social Responsibility (CSR)?

These days, being a socially responsible company is not just a nice thing to do if you’ve got the budget, it’s a necessity. Adopting socially responsible policies and spending habits in your business can have a positive impact on:

brand image, with 85% of consumers holding a more positive regard for companies that support a cause they care about.
employee morale.
motivation in the workplace.
customer loyalty and retention.
profit, with over 50% of consumers willing to pay more for a product or service if it is from a company that prioritises corporate social responsibility (CSR).

Given that we are a staggering 43 years behind schedule of achieving the United Nations Sustainable Development Goals, allocating time and money into supporting socially responsible brands and initiatives is imperative for businesses to do, and do well.

Every $1 you spend on a product or service provided by a social enterprise adds at least $3 worth of value into the local global community they’re supporting. This means making impactful change is as easy as swapping your office coffee bean subscription for a socially responsible brand, like Nice Coffee Co. That daily morning coffee of yours could be doing great things like providing education, food and teacher wages in Africa, and supporting environmental farming projects.

So, you’ve got your allocated CSR budget and you’re ready to make some positive change in the world, now what?

Christmas is the perfect opportunity for you to show your clients and employees your appreciation for them, all while putting your money into brands that do better. We’ve done the hard work for you and rounded up some of our most popular impact-driven and culturally, socially and environmentally ethical brands that stock an array of products to make the perfect thank you gift.

Or, contact us directly at service@hellogoodworld.com to put together a bespoke hamper that can be personalised to suit a range of teams and clientele.