Use of Social Audit Findings?

Business & Management
#1

Because social audits are voluntary, any public disclosure of the results is likewise voluntary. While good results may be shared, unfavorable results may be kept confidential and utilized to suggest areas where changes may be made to enhance the next social audit’s outcomes.
For example, a firm’s evaluation may reveal that the company is not sufficiently active in philanthropic activities in the community. As a consequence, corporate leaders may be able to implement campaigns with quantifiable targets aimed at increasing community participation. During the next social audit, the actions may be observed and assessed.
The firm may enhance its public impression over time by continually trying to achieve and surpass its social responsibility criteria. In a nutshell, social audits assist businesses in striking a balance between profitability and ethics.