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CSR also makes good business sense

One of the UN’s new Global Goals is to get a higher number of vulnerable people into work. This is also a goal that businesses can use to boost their bottom line, say ISS. 
Thomas Kramer, IT and marketing employee, is delighted to be able to work on something meaningful at Logistikkompagniet.
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Publiceret: 10.11.2016
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The UN’s new Global Goal for everyone – including the sick, disabled and refugees – to be given the opportunity to work is not just something that will benefit the vulnerable.

Businesses can also look forward to enhanced results on their bottom line if they work with CSR, say ISS, who on Monday November 7th shared their experiences at a major conference on the Global Goals and the ways in which they may affect the job market, for example.

ISS has calculated that a team of employees with no more than 70% of its members drawn from the same age, gender or ethnicity groups earns 3.7 percentage points more than teams made up of the same type of employee.

“We work consciously to ensure diversity and we always have done. When we analyse whether this affects our bottom line, the answer is clear,” said Managing Director Flemming Bendt of ISS Denmark at the conference.

He also pointed out that the same thing applies to management. A similar report from ISS shows that a diverse management increases the earnings of a business by 12.6% compared to competitors whose management has a more conventional composition.

“CSR and business go hand in hand for many reasons. We see that differences are a strength and generate pride in employees,” explained Flemming Bendt.

See also: Bacteria to save 360,000 tons of yoghurt

Minister: use the opportunities offered by tripartite agreement

ISS is far from the only company that includes corporate responsibility as a permanent part of its strategy. Many other companies, such as Jyske Bank and Arriva, are doing the same thing and even more would be wise to follow suit,” said Employment Minister Jørn Neergaard Larsen (Danish Liberal Party) at the conference.

He drew particular attention to the two tripartite agreements that the Confederation of Danish Industry helped to achieve with the Danish government and the trade unions earlier this year.

“In Denmark, we have excellent tools in place to get refugees and trainees into the job market. Now businesses have to use these new tools to benefit both vulnerable people and themselves,” he said.

CSR and business go hand in hand for many reasons. We see that differences are a strength and generate pride in employees.
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PUBLISHED: 11/10/2016 LAST MODIFIED: 5/6/2017