How to keep your CSR / Sustainability budget - By Fabian Pattberg
The aim of Fabian Pattberg's website is to be a resource for practical information on the topics of Sustainability, Corporate Social Responsibility (CSR) and the use of Social Networking for business and individuals.
Jun 14, 2011 10:19 AM ET
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How to keep your CSR / Sustainability budget
If you are a CSR / Sustainability professional you will most likely face the challenge of making most of the budget you have available for the year. Especially in bad economic times, budgets are likely to be cut and keeping your budget for your CSR / Sustainability projects and practices is not always as straight forward as it might seem.
Here are some tips I would like to give you from when I was in charge of the CSR / Sustainability budget working as the CSR Manager for a multinational.
- Continuously make your case for keeping/increasing your budgets. Everyone within an organization is fighting to maintain or increase their own budgets. You should do the same.
- If you are publishing a CSR / Sustainability Report, allocate at least 25% for it. My rule was always to use that 25% of the budget no matter how high it was in total. Some practitioners have different views and in the end is your own personal and organizational choice of course.
