Social Responsibility means that a company takes steps to ensure there are positive social effects associated with the business. Businesses that engage in active Social Responsibility help the organization grow socially and monetarily. Achieving ISO 26000 Certification helps the business to guide recognizing social responsibility to integrate the core subjects and issues related to those subjects.
ISO 26000 Standard provides guidance for implantation of the standard, not the requirements to be fulfilled to comply with the standard. Companies can use this ISO 26000 standard for the improvement of the social responsibility approach towards society. ISO 26000 Standard helps in disclosing data and reporting on how they are using the standard to commit to real change.
The subject to the core of ISO 26000 remains relevant to addressing today’s challenges. Due to COVID-19, ISO 26000 reassess the business to address the issues and impacts of their process and procedure to build a more resilient and more equitable society. It improves the sustainability of the organization which helps sustain (rather than disrupt) the delicate balance of people, planet, and profit in the organization.
Also, Check –>> ISO 26000 Certification in India
Why Social Responsibility matter?
As per the Holmes Report 2016, 75% of consumers are likely to take negative action against companies action by posting on social media to organizing boycotts.39% of consumers view as the irresponsible company tends to lose their potential customer base.
83% of professional investors are more likely to invest in the business which companies known for their social responsibility.
What is the ISO 26000 standard?
ISO 26000 is the international standard for the development of the organization by guiding to access and address social responsibility. This is the standard that marks ten years in the year 2020, since its first publication in the year 2010.
More than 80 countries have adopted the ISO 26000:2010 as an international standard in providing an organization’s commitment to sustainable development, including human rights, at the same time as improving its overall performance. Thousands of companies adapted to the ISO 26000 Certificate, including famous brands like Coca-Cola and Starbucks.
ISO 26000 Certification mainly highlights human rights as a principle and a core subject of the compliance of the standard. Implementation of ISO 26000 Certificate to the organization also helps to identify human rights risk situations and gives guidance on due diligence and grievance resolution.
Why ISO 26000 is different from other ISO standards?
Unlike other ISO standards, ISO 26000 is not to be used for certification or regulation; instead, it provides recommendations to help organizations improve aspects of socially responsible to sustainable development. ISO 26000 does not contain requirements as it provides recommendations as a basis for audits, conformity tests, or other compliance statements.
Applicability of ISO 26000 Certification
ISO 26000 is intended to help and provide guidance to all types of organizations in the public, private, and non-profit sectors to address issues that are relevant to core subjects regardless of size or location. While early adopters of ISO 26000 Certification were often multinational corporations, hospitals, schools, and not-for-profit charities.
Objectives of ISO 26000 Certification
The main goal of ISO 26000 is to support sustainable development in the world. ISO 26000 attempts to establish “socially responsible corporate behavior” to corporations that need to demonstrate responsibility without restricting their ability to operate their vision and mission.
Major 7 Principles of ISO 26000 Certification
ISO 26000 outlines seven key principles as the roots of socially responsible behavior:
- Ethical behavior
- Respect for stakeholder interests
- Respect for the rule of law
- Respect for international norms of behavior
- Respect for human rights