Corporate Social Responsibility (CSR) in E-Discovery Industry
Corporate Social Responsibility (CSR) in E-Discovery Industry
Corporate Social Responsibility. A triple bottom line measures the company’s economic value, ‘people account’ – which measures the company’s degree of social responsibility and the company’s ‘planet account’ – which measures the company’s environmental responsibility. While CSR indoctrination within the e-Discovery industry may be prevalent, only a handful of companies may actually have developed and adopted CSR.
Adopting to a mindset of a good corporate citizen, at ClayDesk, we have initiated the development of a CSR program with a goal of embedding CSR practices in our business. The foremost area of focus for CSR initiatives are directed towards promotion of legal education, e-Discovery laws, Pro-Bono legal work, sponsor a student, and steps towards a paperless (go-green) environment. These steps will bring about positive change and improve the quality of life of members of the society.
Some of the core CSR issues relate to: environmental management, eco-efficiency, responsible sourcing, stakeholder engagement, labor standards and working conditions, employee and community relations, social equity, gender balance, human rights, good governance, and anti-corruption measures. Denmark, for instance, has CSR Law in place which mandates companies to report their CSR initiatives. Apart from providing charity and sponsorship, CSR concept goes beyond by allowing companies the opportunity to become a socially and ethically responsible corporate citizen.