Corporate social responsibility (often referred to simply by its acronym, CSR) is the term frequently used to describe a company's commitment to operating in a way that takes account of not only the financial implications of the business decisions it makes, but also the social, economic and environmental impacts.
It is often used interchangeably with other terms such as Corporate Citizenship and is also linked to the concept of Triple Bottom Line Reporting, a framework for measuring an organisation's performance against economic, social and environmental parameters.
The Prime Minister's Community Business Partnership acts as a 'think-tank' on matters of corporate social responsibility, to promote mutual obligation and to encourage and foster the development of partnerships. It provides useful resources for both businesses and community organisations seeking to form partnerships, and links to information on corporate social responsibility.
A number of Australian forums deal with promoting and encouraging greater CSR and collaboration between the business and community sectors. The Positive Outcomes website at http://www.positiveoutcomes.com.au provides useful resources on these areas.
This service is for community groups and businesses, particularly small to medium sized organisations who want to connect, make a difference and who want to find out more information about forming a partnership-all with the aim to create and inspire more community business partnerships.
The service is an initiative of the Prime Minister's Community Business Partnership, administered through the Australian Government's Department of Family and Community Services. The Brokerage Service has many features and a range of many helpful resources.
The Australian ICT Industry is actively engaged in CSR. ICT Industry and Professional bodies such as the Australian Information Industries Association (AIIA), the Internet Industry Association (IIA) and the Australian Computer Society (ACS) contribute towards greater CSR by the industry.
The AIIA encourages a range of CSR activities through:
AIIA member companies give generous donations of cash, equipment and services to charitable organisations and to educational institutions across Australia. These companies give awards and sponsorships, equipment and software grants, work experience placements, and other types of assistance. Examples of the work of these companies can be seen at: http://www.aiia.com.au/wppuser/aiia/es/case_studies.html .
The IIA is active via its Digital Bridge initiative, which addresses issues and provides support around website accessibility.
The Australian Computer Society's ACS Foundation receives funding from leading ICT organisations and Government bodies and offers financial scholarships and grants to Australian students.
Individual ICT firms are demonstrating their CSR through:
Specific examples include:
The Hume Global Learning Centre was established with support from the Victorian Government, The Age, Ford Australia and The Pratt Foundation.
eTree is a Computershare initiative with Landcare Australia, giving an environmental incentive to shareholders of Australian companies to elect to receive shareholder communications electronically. Saving paper and preserving the environment.
Social Ventures Australia is a venture philanthropy organisation, established in 2002 by the Benevolent Society, The Smith Family, WorkVentures and AMP Foundation. Its aim is to integrate the Australian public, corporate and social sectors to create entrepreneurial, innovative and results-driven solutions to Australia's social problems.
Centre for Philanthropy and Nonprofit Studies