CORPORATE & SOCIAL RESPONSIBILTY
Corporate Responsibility Can Be Defined As How Companies Address The Social,Environmental And Economic Impacts Of Their Operations And So Help To Meet Our Sustainable Development Goals. Opalrange Limited(Cleaning Contracts) Follow The Government's Interest In Corporate Responsibility(CR),Also Referred To As Corporate Social Responsibility.
The Government Has A Role In Setting Standards In Areas Such As Environmental Protection,Health & Safety And Employment Rights. It Can Also Provide A Policy And Institutional Framework That Stimulates Companies To Raise Their Performance Beyond Minimum.
The UK Government Approach Is To Encourage And Incentivise The Adoption Of Corporate Responsibility,Through Best Practice,Guidance And Where Appropriate,Regulation And Fiscal Incentives. Specifically We See CR As The Voluntary Actions That Business Can Take,Over And Above Compliance With Minimal Legal Requirements,To Address Both It's Competitive Interests Of The Wider Society.
The Government Set Out It's Strategy To Meet Our Goals For Sustainable Development In It's 2005 UK Sustainable Development Strategy.
OUR VISION FOR CORPORATE RESPONSIBILITY
Today Nations Face A Global Challenge,Opalrange Want Everyone To Satisfy Their Basic Needs And Enjoy A Better Quality Of Life But To Do So Without Compromising Their Quality Of Life For Future Generations. For Our Society That Means Limiting Climate Change And Protecting Natural Resources But Also Stimulating Cohesive And Healthy Communities,Promoting Fairness And Justice And Building A Strong,Stable Economy. We All Have Obligations To Act Responsibly In Order To Achieve These Goals.
We Believe That By Adopting Socially And Environmentally Responsible Behaviour,Businesses Can Make A Significant Contribution To To Boosting Wealth Creation And Employment,Fostering Social Justice And Protecting The Environment. Essentially,This Means Companies Taking Account Of The Economic,Social And Environmental Impacts That Arise From The Way That They Operate,Maximising The Benefits And Minimising The Downsides. Specifically We See Corporate Responsibility As The Voluntary Actions,Which Was Previously Described As Corporate Social Responsibility,That Business Can Take. Opalrange Limited Try To Find Means Of Achieving This,To Help Businesses Understand Where They Can Make A Difference,Helping Companies Navigate Their Way Through Different Initiatives.
Opalrange Limited Want To Encourage All UK Businesses To Recognise The Strategic Advantage Of Corporate Responsibility And Take Voluntary Actions To Raise Their Standards Of Behaviour Above Minimum Legal Requirements And Above All We Want To Reach Out To Companies Who Remain To Be Convinced Of The Value Of Corporate Responsibility To Their Business Success.
Businesses Have A Legal Obligation To Make Profits And Traditional Definitions Of Profit Maximisation. Since Taking The Necessary Measures Usually Involves Up-Front Costs With Benefits Accruing Over A Long Term Period. However,Engaging In Activity That Goes Behond What The Law Demands Can Potentially Increase A Companie's Performance And Shareholder Value,Improve A Firm's Profits And Work Towards Competing In Global Markets,As Well As Increasing Productivity. Opalrange Believe The Impact Can Be Achieved Both Directly Through Measures Which Improve Efficiency,Support New Revenue Streams And Better Risk Management Practices. Or Indirectly,By Creating A Reputational Effect,Building Trust In An Organisation Which Differentiates It's Products And Services Against It's Competitors. The Effects Of Corporate Responsibility Practices On The Five Productivity Drivers.
At Opalrange Limited We Believe That The Five Productivity Drivers Involve;
Embedding Corporate Responsibility Can Make Good Business Sense By Enhancing A Companies Reputation And Brand Name. Attracting New Customers As Consumers Grow Increasingly Aware Of Social And Environmental Issues. An IPSOS MORI 2007 Survey Found That 91% Of Consumers Agree That Companies Have A Responsibility To Work Towards Improving The Social Impacts Of Their Products And Services And According To Price Waterhouse Coopers' Survey,Over 60% Of Consumers Identified Sustainability Issues As The Most Important Facing The World,With 80% Of Those Surveyed,Stating That They Were Worried About Climate Change. A 2007 MORI Poll Found That 89% Of Employees Consider It To Be Very Or Fairly Important That Their Own Employer Is Responsible To Society And The Environment.
The Incentive For Companies To Behave Responsibly And The Approaches They Adopt Are Expected To Vary By Sector,With Much Depending On The Degree And Importance Of Brand Visibility. Large Firms May Also Find It More Cost Effective To Invest In Certain Corporate Responsibility Activities If They Can Benefit Through Economies Of Scale With Falling Unit Costs.
Corporate Responsibility Can Be Defined As How Companies Address The Social,Environmental And Economic Impacts Of Their Operations And So Help To Meet Our Sustainable Development Goals. Opalrange Limited(Cleaning Contracts) Follow The Government's Interest In Corporate Responsibility(CR),Also Referred To As Corporate Social Responsibility.
The Government Has A Role In Setting Standards In Areas Such As Environmental Protection,Health & Safety And Employment Rights. It Can Also Provide A Policy And Institutional Framework That Stimulates Companies To Raise Their Performance Beyond Minimum.
The UK Government Approach Is To Encourage And Incentivise The Adoption Of Corporate Responsibility,Through Best Practice,Guidance And Where Appropriate,Regulation And Fiscal Incentives. Specifically We See CR As The Voluntary Actions That Business Can Take,Over And Above Compliance With Minimal Legal Requirements,To Address Both It's Competitive Interests Of The Wider Society.
The Government Set Out It's Strategy To Meet Our Goals For Sustainable Development In It's 2005 UK Sustainable Development Strategy.
OUR VISION FOR CORPORATE RESPONSIBILITY
Today Nations Face A Global Challenge,Opalrange Want Everyone To Satisfy Their Basic Needs And Enjoy A Better Quality Of Life But To Do So Without Compromising Their Quality Of Life For Future Generations. For Our Society That Means Limiting Climate Change And Protecting Natural Resources But Also Stimulating Cohesive And Healthy Communities,Promoting Fairness And Justice And Building A Strong,Stable Economy. We All Have Obligations To Act Responsibly In Order To Achieve These Goals.
We Believe That By Adopting Socially And Environmentally Responsible Behaviour,Businesses Can Make A Significant Contribution To To Boosting Wealth Creation And Employment,Fostering Social Justice And Protecting The Environment. Essentially,This Means Companies Taking Account Of The Economic,Social And Environmental Impacts That Arise From The Way That They Operate,Maximising The Benefits And Minimising The Downsides. Specifically We See Corporate Responsibility As The Voluntary Actions,Which Was Previously Described As Corporate Social Responsibility,That Business Can Take. Opalrange Limited Try To Find Means Of Achieving This,To Help Businesses Understand Where They Can Make A Difference,Helping Companies Navigate Their Way Through Different Initiatives.
Opalrange Limited Want To Encourage All UK Businesses To Recognise The Strategic Advantage Of Corporate Responsibility And Take Voluntary Actions To Raise Their Standards Of Behaviour Above Minimum Legal Requirements And Above All We Want To Reach Out To Companies Who Remain To Be Convinced Of The Value Of Corporate Responsibility To Their Business Success.
Businesses Have A Legal Obligation To Make Profits And Traditional Definitions Of Profit Maximisation. Since Taking The Necessary Measures Usually Involves Up-Front Costs With Benefits Accruing Over A Long Term Period. However,Engaging In Activity That Goes Behond What The Law Demands Can Potentially Increase A Companie's Performance And Shareholder Value,Improve A Firm's Profits And Work Towards Competing In Global Markets,As Well As Increasing Productivity. Opalrange Believe The Impact Can Be Achieved Both Directly Through Measures Which Improve Efficiency,Support New Revenue Streams And Better Risk Management Practices. Or Indirectly,By Creating A Reputational Effect,Building Trust In An Organisation Which Differentiates It's Products And Services Against It's Competitors. The Effects Of Corporate Responsibility Practices On The Five Productivity Drivers.
At Opalrange Limited We Believe That The Five Productivity Drivers Involve;
- Improved Efficiency.
- Ability To Attract And Retain Staff.
- Inovation In Practices And Services.
- Identification Of New Markets.
- Enhancing A Companie's Reputation And Brand Name.
Embedding Corporate Responsibility Can Make Good Business Sense By Enhancing A Companies Reputation And Brand Name. Attracting New Customers As Consumers Grow Increasingly Aware Of Social And Environmental Issues. An IPSOS MORI 2007 Survey Found That 91% Of Consumers Agree That Companies Have A Responsibility To Work Towards Improving The Social Impacts Of Their Products And Services And According To Price Waterhouse Coopers' Survey,Over 60% Of Consumers Identified Sustainability Issues As The Most Important Facing The World,With 80% Of Those Surveyed,Stating That They Were Worried About Climate Change. A 2007 MORI Poll Found That 89% Of Employees Consider It To Be Very Or Fairly Important That Their Own Employer Is Responsible To Society And The Environment.
The Incentive For Companies To Behave Responsibly And The Approaches They Adopt Are Expected To Vary By Sector,With Much Depending On The Degree And Importance Of Brand Visibility. Large Firms May Also Find It More Cost Effective To Invest In Certain Corporate Responsibility Activities If They Can Benefit Through Economies Of Scale With Falling Unit Costs.