Research has shown that companies that are environmentally and socially responsible gain certain advantages over competitors which have not implemented Corporate Social Responsibility (CSR) policies and programs.
CSR can result in competitive advantage in the following areas:
- Cost savings, improved productivity and operational efficiencies
- Improved risk management
- Positive effects on employee recruitment, retention, and motivation
- Attracting customers and investors
- Improved relations with the local community; and
- Improved access to lenders and insurers.
Corporate Social Responsibility and Environmental Management provides a practical resource for the ever increasing number of organisations concerned about social and environmental responsibilities in the context of sustainable development. These principles align with the Australian Minerals Industry framework for sustainable development in the mineral industry (Enduring Value).
Mike Slight & Associates has the ability to provide industry leading practice, skills and knowledge in the management and implementation of sustainable development, indigenous affairs and community issues; focusing on share holder value, through corporate reputation enhancement and sustainable positive community outcomes. Specific expertise can be provided in mine closure and stakeholder engagement.