In a world of increased connectivity and communication, and empowered shareholders, customers and other stakeholders, every large company understands that corporate social responsibility policies are important. What this really means, and how it is implemented, varies dramatically. Intelligent Insurer investigates.
If, as John Donne wrote, no man is an island, then neither is a company. All firms have an impact that goes beyond their immediate vicinity and the fact that they employee people.
Some companies like to make sure that they have a true impact on the community around them. Corporate social responsibility (CSR) covers a wide range of topics, with companies investing in multiple areas in and around their offices.
These topics vary from firm to firm and country to country, depending on what companies want to achieve and, in some cases, on what employees want to do but a common theme is that they want to make a positive difference.
AIG, Markel, Marsh & McLennan, Corporate social responsibility, Volunteers, Insurance, reinsurance, Sarah Davies, UK, Europe