The company is aware of its role and influence in society. It is involved over and above its legal obligations; where it's competences have a real added value. It works with local stakeholders to identify the areas where local communities might be affected by it’s decisions and activities, and supports those in need or in difficult situations, through different mechanisms: grants, corporate philanthropy and company foundations.

 

43% of participating brands were awarded this criterion.

Criteria used for the award of "CSR" logo

Indicators "AND":

• AND: After identifying local stakeholders, the company has met-up with and set-up an ongoing discussion with them. The company will take into account local stakeholders issues that could be affected by it's decision.

 

Indicators "OR":

• OR: The company funds a foundation to help local communities, youth programmes, help for disadvantaged communities programmes, etc. Details of the programmes supported are provided, as well as budgets (in % of annual turnover and in $ or € value).

• OR: The company has set-up innovative programmes to enable it's employees to participate in support programmes and or charities and NGO's.