May 27, 2018 Last Updated 2:14 PM, May 25, 2018

New Entry From the Editor :

Wesfarmers offloads failed UK venture for just £1

Wesfarmers offloads failed UK …

ABN - Wesfarmers has sold its beleaguered DIY chains Homebase and Bunnings ...

Australian construction sector endures slow start to 2018

Australian construction sector…

AusBN - Latest figures from the Australian Bureau of Statistics have shown ...

Australian lithium miner secures three-year supply deal with Tesla

Australian lithium miner secur…

AusBN - Tesla has entered a three-year lithium supply deal with Australian ...

Social responsibility not a top priority for Australian business leaders, says study

business tech tableAusBNAusBN - A new Deloitte report has found that less than a quarter of Australian business leaders believe social responsibility is a top priority in their corporate strategy.

The global accountancy firm’s Human Capital Trends 2018: The Rise Of The Social Enterprise report surveyed more than 11,000 HR and business leaders globally on the future of work.

Of the Australian business leaders surveyed, only 23% labelled social responsibility a top priority and worse still, 53% admitted it was not a focus for them.

David Brown, Deloitte human capital leader, said: “Society’s expectations of business are changing. The focus is now clearly on business’ role in society as a driver of change, just look at the role they played in the marriage equality debate in Australia late last year.

“Organisations today are judged for more than their success as a business. They’re now being held responsible for their impact on society at large – their role as a social enterprise,” he continued.

“This year’s report is a wake-up call for organisations to look beyond their own four walls, cultivate these relationships in a meaningful way and reimagine their approach to their workforce –  and their broader role in society – if they want to succeed.”

@AusBNOnline

This Month's Issue

v3i2 cover web

Subscribe

rgn web banner

abn web banner

Recent Tweets