What is Social Audit?

What is Social Audit?

A social audit is like a super detailed checkup for a company. It’s not just about money, but also looks at how a company is doing socially and ethically. It checks if a company is keeping its promises about things, like taking care of the environment, treating employees well, being involved in the community, and doing business ethically. The audit looks at different parts, like how well the company follows social rules, talks to different people (like employees and neighbours) to get their opinions, and makes sure the company is open and honest about everything. Whether the company does this checkup on its own or gets someone from outside to do it, the goal is to learn how the company can do better in social responsibility. This isn’t just about looking good—it’s about really doing good and showing everyone that the company cares about doing the right thing....

Features of Social Audit

Social audits are comprehensive evaluations that assess an organisation’s adherence to its social responsibilities, encompassing crucial aspects like environmental sustainability, ethical business conduct, and community engagement. These audits play a pivotal role in fostering responsible business practices and ensuring accountability for an organisation’s societal impact. Some features of social audit are:...

Benefits of Social Audit

Some of the major social benefits of social audit are:...

Key Takeaways of Social Audit

The key takeaways emphasize the importance of transparency, continuous improvement, and stakeholder engagement in creating a positive societal impact. Some of the key takeaways of social audit are:...

Items Examined in a Social Audit

Below are the items and examples that collectively form the basis for a comprehensive social audit, allowing organisations to assess their social responsibility practices across various dimensions:...