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Sustainability: The smart business choice
Corporate Social Responsibility (CSR), charitable giving, and community involvement are not just โnice to haveโ โ theyโre a smart and strategic way to grow a stronger, more sustainable business.
At ITVET, these principles have been part of our foundation from the very beginning. We see the positive impact every day โ not only in our local communities but within our own team.
โDoing the right thing has always been the right way to do business. We didnโt start ITVET just to build a tech company โ we started it to build a company that genuinely adds value to peopleโs lives.โ
โ Richard Fountain, Co-Founder, ITVET
Here are just some of the key benefits weโve experienced, and why we believe every business should take CSR seriously:
1. People-first benefits: Building a stronger team
Community-focused initiatives can significantly improve company culture and boost employee engagement. Companies with strong CSR programmes have shown up to 13% higher productivity and 50% lower staff turnover.
Some of the key advantages include:
- Higher morale and a greater sense of purpose at work
- More attractive employer brand โ particularly to socially conscious talent
- Improved recruitment and better staff retention
- Stronger applicants who align with your values
- Opportunities for meaningful team-building activities
- Cost savings on hiring and HR processes
2. Business growth and brand reputation
CSR can be a powerful tool for raising your profile and creating new growth opportunities. A study found that 92% of consumers now say they are more likely to trust a company that demonstrates real social or environmental awareness:
- Show off your services and team skills through real-world impact
- Stay relevant by tailoring efforts to your local community or target sectors
- Cut marketing costs thanks to organic publicity and word-of-mouth support
- Build trust and brand loyalty through meaningful PR
- Connect with other organisations that share your values
3. Environmental and sustainability gains
A good CSR strategy doesnโt just help people โ it also supports the planet. When businesses think sustainably, the rewards follow:
- Extend the life of equipment by donating it to schools, charities, or community groups
- Prioritise re-use and repurposing over recycling alone
- Actively reduce your organisationโs carbon footprint
- Save money, reduce waste, and operate more responsibly
At ITVET, our โLaptops for Schoolsโ scheme is a perfect example โ recycling and repurposing equipment to support education, reduce waste, and bridge the digital divide.
In summary
CSR isnโt just about charity โ itโs about building a resilient, ethical, and future-ready business. With the right approach, socially responsible practices can actually save money, drive recruitment, and increase profits โ especially when they align closely with your sector. For example, a technology company offering services to a charity at a reduced cost, or donating equipment instead of scrapping it, benefits everyone involved.
With growing public awareness and expectation, can any business afford not to take CSR seriously?