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How to: get started in corporate social responsibility.

Document Cited in Related
Vincent
PositionNews Round-Up

* Assign responsibility, and incorporate a structure, for reporting to senior management or board level.

* Conduct a baseline CSR review and produce a gap analysis.

* Review shareholders' and customers' perspectives and expectations.

* Write a policy statement, covering environmental, social and community issues, that commits to action.

* Develop a set of corporate objectives and an action plan to implement the policies.

* Establish company-wide quantitative and qualitative targets and key performance indicators over a two- to five-year period, together with the necessary measurement, monitoring and auditing mechanisms.

* Embed actions and strategies into core business strategies and processes.

* Communicate performance externally so that inquiries from fund managers and stakeholders do not take up too much internal management time.

* Benchmark environmental and social performance internally and externally.

* Monitor...

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