Chart of the Week: Employee Corporate Social Responsibility Training
By Thomas Singer, Researcher, The Conference Board
Few companies include corporate social responsibility (CSR) training as part of their employee training programs. Only 9 percent of S&P Global 1200 companies and 5 percent of S&P 500 companies reported offering CSR training. Companies in the utilities sector were most likely to include CSR training for their employees, followed by companies in the telecommunication services sector.
The analysis by revenue group shows that CSR training is slightly more prevalent among companies with higher revenues.
Why it matters
- CSR training can be an effective way to introduce employees to the responsibilities of collectively pursuing a corporate responsibility strategy. It can also help ensure employees have a baseline understanding of CSR, its relevance to their work, and how it can drive business performance.
- CSR training can serve as a starting point for employees wishing to become involved in a company’s philanthropic or volunteering programs. Employees who are engaged in a company’s CSR efforts can more effectively convey the company’s CSR strategy to stakeholders.
For more information, download Sustainability Practices: 2013 Edition at www.conference-board.org/sustainabilitypractices or contact Matteo Tonello at [email protected].
Chart of the Week is a series that highlights key findings from our portfolio of benchmarking research on corporate governance, proxy voting, corporate sustainability, and citizenship. Click here for a downloadable copy of this chart, or here to find out more about the series.
About the author:
Thomas Singer
Researcher
The Conference Board
Thomas Singer is a researcher in corporate leadership at The Conference Board. His research focuses on corporate social responsibility and sustainability issues. In addition to his work at The Conference Board, Singer serves as an independent consultant advising on corporate sustainability strategy.