Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      The next person to shop your store may not be a person at all

      AI shopping agents are rewriting the rules of online retail across North America

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Cohere's Aidan Gomez bets the house on 'sovereign AI' with Aleph Alpha merger valuing the group at $20bn

      Cohere CEO Aidan Gomez on stage discussing the Toronto AI lab's strategy

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Moonvalley's Naeem Talukdar is selling Hollywood the one thing rival AI video tools cannot: legal cover

      Moonvalley's Marey AI video model produces Hollywood-grade footage trained on licensed data

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 02 December 2019 4:53 am  |  Updated:  Friday 29 November 2019 5:27 pm

No, your CEO can’t come paint our office: The 4 golden rules for CSR

By: Alex Stephany

Add as a preferred source on Google
3D Street Art Artist Edgar Mueller - Paintings

Two years ago, I launched Beam, a tech-for-good startup that crowdfunds employment training for homeless people and supports them into stable, paid work. 

Ever since we started to gain visibility, a number of brands have approached us with different propositions for demonstrating their corporate social responsibility (CSR) agendas.

To paint a picture of what these approaches are like, the other day someone from a multi-billion dollar company got in touch to ask if their board could paint our office. They wanted some photos of their top brass in action. 

Moving on briefly from the fact that many startups like us work from coworking spaces, I wanted to reply: “Nothing will make your employees laugh harder than the sight of their chief executive stuck up a ladder with a paint roller.”

This is CSR that was stale as old biscuits 10 years ago. So why do companies still revert back to it? 

With this in mind, here are my four pieces of advice for companies looking to partner with charitable organisations, especially in the run-up to Christmas and the New Year.

Collaborate

True CSR requires collaboration. It shouldn’t start with a ready-baked idea where charities and social enterprises only have the option to say yes or no. 

It’s great to come with ideas. But also prepare to be challenged if what you suggest doesn’t align with an organisation’s current, urgent needs. 

The right CSR will benefit your company in all kinds of ways. But if it’s benefiting the giver more than the receiver, ask yourself if that’s the CSR you really should be doing.

Play to your strengths

Rethink your “annual volunteering day”. Would you want someone that you haven’t even interviewed working at your business for a day a year? The coordination costs alone would be a huge time suck. The same is true for a charity or social enterprise. 

Read more

I’m an AI founder – here’s why I agree with the Pope about AI

Pope Leo depicted in traditional papal attire delivering a speech at the Vatican, surrounded by historical architecture.

Instead, why not leverage the skills within your own team? 

For instance, Beam has long received pro-bono support from global law firm Herbert Smith Freehills. Its lawyers could help in various ways, but it has the greatest impact by focusing on its core expertise of providing legal advice.  

And in the unlikely event that your company doesn’t have any relevant skills, it may sound crass, but often the smartest thing to do is actually pretty simple: write a cheque. 

Measure your impact

Think again if the organisation that you’re supporting can’t measure its impact or the impact that you’re having together. How else can you build a lasting partnership to deliver growing value for the organisation you’ve chosen to support? 

Your company can’t celebrate progress without knowing its financial numbers. Nor can you logically pat yourself on the back for CSR if you’re not measuring your impact. 

So don’t give your charity partner lots of extra work that will cost them time and money, but make sure at least a couple of basic key performance indicators will be actively measured and worked on.

Don’t waste people’s time

Many charities and social enterprises accept volunteering offers because they think that they’ll lead to what they usually desperately need: cash to pay their team. If you won’t donate, tell them upfront. If you might, estimate a range at the earliest opportunity. 

Provide realistic timelines, and stick to them as you would for a client: they may be relying on those funds to deliver critical services. You need to prioritise your time, and so do they. 

So these are my four golden rules for CSR. What have I missed?

Main image credit: Getty

Read more

Electric Rolls-Royce Spectre Series II: More power, longer range

Rolls-Royce Spectre luxury electric vehicle showcased in a sleek design, highlighting its innovative features and elegance

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money
  • News
  • Opinion

Categories

  • Business
  • Opinion
  • Personal Development

Related Topics

  • Charity
  • Social mobility

Trending Articles

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

  • London Tech Week sums up everything wrong with UK tech

  • KPMG report on AI found riddled with AI hallucinations

  • UK economy falters as deeper damage to growth to come

More from CityAM

  • I’m an AI founder – here’s why I agree with the Pope about AI

    Opinion
    Pope Leo depicted in traditional papal attire delivering a speech at the Vatican, surrounded by historical architecture.
  • Electric Rolls-Royce Spectre Series II: More power, longer range

    Life&Style
    Rolls-Royce Spectre luxury electric vehicle showcased in a sleek design, highlighting its innovative features and elegance
  • Iran conflict could cause further decline to M&A, leading tax firm warns

    Investing
    Canada skyline featuring iconic skyscrapers and modern architecture against a clear blue sky
  • ZayZoon, the Calgary fintech born on a fishing boat, posts 1,487% growth as earned wage access goes mainstream

    ZayZoon co-founder Tate Hackert built the Calgary fintech around earned wage access
  • Quarter of Brits planning trip to watch US sport matches stateside

    Sport Business
    GettyImages 2274220937 shows a business meeting with diverse professionals discussing a project in a modern conference room.
  • Vino by the waves: The best British seaside hotels for wine

    Life&Style
    Libby Brodie enjoying wine at a seaside hotel, capturing the essence of luxury and relaxation by the ocean.
  • Is it Jeff Bezos? How Devil Wears Prada 2 created its tech bro villains

    Life&Style
    Meryl Streep and Aline Brosh McKenna discuss potential sequel to Devil Wears Prada in a news interview setting
  • Is the Morgan Supersport the coolest car on the planet?

    Life&Style
    Morgan SuperSport showcased in sleek design, highlighting its unique craftsmanship and modern engineering features.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited