What is the significance of social Audit? How do you think they can be made more effective in ensuring transparency from Government Officials?.
A social audit is a formal review of a company's endeavors in social responsibility. A social audit looks at factors such as a company's record of charitable giving, volunteer activity, energy use, transparency, work environment, and worker pay and benefits, to evaluate what kind of social and environmental impact a company is having in the locations where it operates.
Social audits are optional. Companies can choose whether to perform them and whether to release the results publicly or only use them internally.
A social audit is an internal examination of how a particular business is affecting a society. It serves as a way for a business to see if the actions being taken are being positively or negatively received and relates that information to the company’s overall public image.
In the era of corporate social responsibility, when corporations are often expected to deliver value to consumers and shareholders as well as meeting environmental and social standards deemed desirable by some members of the general public, social audits can help companies create, improve and
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