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Presentation of Research Findings. Prepared for: FOCAL September 2005. Introduction. Objective - obtain information about external CSR practices of Canadian companies in Latin America and the Caribbean. Findings to:
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Presentation of Research Findings Prepared for: FOCAL September 2005
Introduction • Objective - obtain information about external CSR practices of Canadian companies in Latin America and the Caribbean. • Findings to: • Inform public discussion about international development assistance and role of Canadian businesses in the Americas • Help shape public policy in Canada on supporting CSR activities by Canadian companies. • Research was funded by the Government of Canada.
Methodology • Self-administered survey with representatives of Canadian businesses operating in Latin America and the Caribbean. • Respondents were managers responsible for their company’s CSR investments in the selected countries. • Countries included: Chile, Guatemala, and Trinidad and Tobago. • Reminder regime: two emails sent to non-respondents and two sets of follow-up phone calls. • 34 questionnaires sent, 14 executives completed survey = 41% response rate. • Fieldwork conducted August 15- September 8, 2005.
Type of CSR Activities Percentage Multiple responses accepted
Method of Implementing CSR Activities Percentage Multiple responses accepted
CSR Investments vs. Govt. of Canada Aid:Chile, Guatemala and Trinidad & Tobago *Source: OECD. Figures converted from U.S. Dollars www.oecd.org/dac/stats/recipientcharts
Partnerships & Assistance • 75% partner with specialty NGOs: • 83% each do so for design and implementation of CSR program. • 17% do so for funding. • 63% partner with consulting firms: • All do so for the implementation of CSR program. • 80% do so for design of program. • 63% partner with other companies or business associations: • All partner for design and implementation of CSR program. • 60% in the area of funding. • 25% partner with development agencies: • All do so for the design and funding of CSR program. • Half do so for implementation of program.
Reasons for Investing in External CSR Programs (5-point scale; 5 = extremely important, 1 = not important) Percentage
Perceived Impact of CSR Programs (5-point scale; 5 = big change, 1 = no change) Percentage
Millennium Development Goals Percentage Multiple responses accepted
Reasons for Not Having a CSR Program Percentage Multiple responses accepted
Perceived Impact of Different Types of Assistance (5-point scale; 5 = extremely helpful, 1 = not helpful) Percentage
Conclusions • Firms with CSR programs undertake activities in a wide variety of areas. • Many firms have made substantial financial & human resources investments. • Programs carried out most often through a finance partner, direct company operation/implementation, and joint operation with partner. • Most motivated to invest in CSR program because it is the right thing to do (and company policy). All expect to enhance corporate reputation.