Industry Academia Integrations
Visions Ahead works across organizations, businesses and governments enabling them become more prosperous and therefore more sustainable by implementing CSR initiatives & sustainability reporting. We help in practical strategic advice & execution skills through CSR analysis, market assessment, developing sustainable implementation tools, compliance, labor framework, health, safety and associated social aspects. Our experts enable businesses to follow global parameters while maximizing sustainability potential along with intelligently overseeing the risk factors. We build strong foundations of insight integrating the triple social bottom lines of People, Planet & profitability and amalgamating them with the Industry and the Regulating authorities.
ISO 26000 is the global recognized parameter or standard for measuring CSR, along with adherence to Triple Bottom Line (TBL, TPL, 3BL or the Three Pillars) by public sector organizations. TBL was coined by John Elkington in 1994 and finds mention in his 1997 book named “Cannibals with Forks: The Triple Bottom Line of 21st Century Business” which signifies the individual financial, social and environmental bottom lines of Organizations. Multiple social aspects affecting business practices namely Labor Exploitation, Human Right Abuses, Environmental Pollution & Degradation, Gender Decimation, Complex Cross Cultural Work Environments and Consumer Awareness Negligence have forced industries to seriously rethink towards social & environmental causes and concerns. CSR has been defined by World Bank (Promoter of Global Industrial Growth) as a commitment of businesses contributing sustainable economic development by working fairly with their employees, families, local communities and society as a whole. This social impacting and improvements in their employees & adjoining lives reflect organizations positivity and further mutual enlargement goals.
Corporate Social Responsibility (CSR) was first referred by HR BOWEN in his academic topic “Social Responsibilities of the Business” in the year was 1958. CSR is a form of self guide lined corporate tools merged into a business model. It started gaining prominence in the 1960’s and became predominant covering the legal & moral responsibilities of the corporate sector towards community development as a whole. The term Corporate Social Responsibility has since then become highly relevant globally and has been retained randomly by the masses to reflect its responsibility & social obligations towards the society. CSR can also be defined as receptiveness of businesses towards stakeholder’s social, ethical, legal and environmental expectations. This committed response towards the civil society & consumer expectations works as a policy for organizations in building self regulating mechanism to regularly implement & monitor its initiatives through compliance, regulations, social ethical standards and international norms.