CSR Reporting of Stakeholders’ Health: Proposal for a New Perspective

Abstract

Purpose: The aim of the paper is to identify and categorize disclosures from the Global Reporting Initiative Sustainability Reporting Standards (GRI Standards) that have direct or indirect influence on health of external or internal stakeholders. Methodology: GRI core and comprehensive disclosures (as part of universal standards and topic-specific standards related to economic, environmental and social topics) that can be used by businesses for CSR reporting were grouped as to have direct or indirect influence on external and internal stakeholders’ health. Findings: The study proposes a systematic way of conceiving GRI standards in terms of direct or indirect influence on the health and well-being of internal and external stakeholders. Originality/Value: This is the first study that provides a classification of core and comprehensive GRI disclosures that have direct or indirect influence on the health of external or internal stakeholders. This classification will allow businesses to easily report those CSR activities that might be of importance to stakeholders’ health promotion.

Corporate social responsibility and workplace health promotion: A systematic review

“…Macassa et al ( 2021 ) highlight the need for health science researchers to be incorporated into discussions about the potential impact of internal CSR on employee health as well as on OHS outcomes beyond job satisfaction. From a health promotion perspective, organizations will be required to contribute to addressing the social determinants of health, which per se requires the participation of actors outside the health system (Chowdhury et al, 2021 ). A new type of collaboration between employees, employers, and other actors in the field is required, as WHP needs cooperation, partnerships, and alliances between both internal and external stakeholders (Auvinen et al, 2012 ).…”

“…Communicating the efforts that the organizations do through standardized procedures is relevant. Chowdhury et al ( 2021 ) synthesize the Global Reporting Initiative (GRI) contents that have a direct and indirect effect on the health of the population (internal and external stakeholders) that organizations must address when publishing their CSR reports. Open communication, transparency, and stakeholder participation link CSR and WHP (Zwetsloot et al, 2013 ).…”

“…Research such as that of Moussu and Ohana ( 2016 ) provides evidence that the decision to launch a health and safety program is taken at the CEO level. Business organizations that make the health and wellbeing of all stakeholders through CSR strategies a business case need a committed leader (Chowdhury et al, 2021 ). Leadership support, expressed in the participation and promotion of leaders in policies and practices that foster the development of social responsibility, is identified by Žižek et al ( 2017 ) as an essential component of successful WHP programs.…”

The Role of Social Responsibility and Ethics in Employees’ Wellbeing

“…Due to the potential impact of organizations on WB employees and the community in which they operate, ethical behavior and SR programs are of great importance for overall WB [ 65 ]. In this context, Chowdhury et al proposed an SR and OE reporting on stakeholder health and WB [ 66 ], based on the Global Reporting Initiative (GRI) sustainability reporting standards. Cheng et al [ 67 ] suggest that if SR activities do not live up to employees’ expectations, they generate mistrust of organizations, leading to reduced commitment [ 34 , 67 , 68 ] and WB and increasing turnover rates [ 67 ].…”

Corporate social responsibility and firm performance: Green supply chain management as a mediating variable

“…Corporate social responsibility is done by the corporation to solve environmental and social problems (Halkos & Nomikos, 2020). In the 2015–2019 period, corporate social responsibility calculated conforms to global reporting initiative (GRI) standard (Chowdhury et al, 2021). If the corporate applies a standard report, the corporate gets 1 value point.…”