The social responsibility of a company is directed on the one hand inwardly towards the employees and on the other hand towards social responsibility.
Companies draw attention to themselves through (product or service) labels and sustainable management systems.
Labels which are issued by interest groups or public stakeholders can help in showing the social commitment towards employees and clients. The ‘Fairtrade’ label is a well-known label for globally traded products. It shall help guarantee regulated working conditions are set in place, and help to ban discrimination and exploitative children’s work. Sustainable management systems commit companies to a continuous improvement process (CIP) and the control of a value creation processes.
Within a company that has implemented social sustainability measures the following impact could be generated (inter alia):
External effects which can be generated may be (inter alia):