Question
Social Audit
Answer :
Word Count : 255
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Social audit is a systematic evaluation of an organization’s social, ethical, and environmental performance in relation to its stated objectives, legal requirements, and stakeholder expectations. In the context of business ethics and corporate social responsibility, it serves as a mechanism to assess how far business activities align with ethical standards, social commitments, and sustainable development goals. A social audit goes beyond financial reporting and focuses on issues such as labor practices, human rights, community development, environmental protection, consumer welfare, and corporate governance. The process of social audit involves identifying key stakeholders, setting social performance indicators, collecting and verifying data,
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