Question

How does an organization's adoption of the Global Reporting Initiative Standards for reporting corporate social responsibility (CSR) performance benefit HR?

MCQ Options:
a. It streamlines the recruitment process.
b. It enhances employee engagement.
c. It simplifies performance evaluations.
d. It reduces training costs.

Answer 1

b. It enhances employee engagement.

Adopting the Global Reporting Initiative Standards for CSR reporting benefits HR by enhancing employee engagement, which helps create a purposeful work environment and positions the organization as an ethical and responsible employer.

Step-by-step explanation:

The organization's adoption of the Global Reporting Initiative Standards for reporting corporate social responsibility (CSR) performance brings various benefits to HR, among which the most relevant to this context is enhanced employee engagement. This is because a commitment to CSR can create a sense of pride and purpose among employees, who feel their work contributes to societal and environmental benefits. Moreover, by adopting these standards, an organization positions itself as an ethical and socially responsible employer, which can help attract talent and potentially reduce bias in hiring, as it reflects a commitment to diversity and inclusion. While research in Canada showed that Asian applicants often faced disadvantages in the hiring process, especially in smaller companies, a strong HR commitment to CSR, reflected in standardized reporting, might help combat such biases and project a more inclusive workplace.