To be truly game-changing, corporations should create and implement CSR and philanthropic strategies that simultaneously benefit society and enhance their competitive advantage. FSG advises leading corporations on developing and measuring such strategies. 

FSG’S PERSPECTIVE ON CSR: AUTHENTIC ENGAGEMENT
Corporate social responsibility has historically called for corporations to ‘do good’ without necessarily aiming for transformative impact. A new approach, one we call authentic engagement, enables companies to transcend traditional notions of CSR and philanthropy to achieve greater business and societal impact by adopting four key principles:

• Philosophy: Championing the interdependence of business and society
• Prioritization: Targeting a focused set of issues affecting competitiveness and pushing beyond easy solutions
• Practice: Owning the problem and leveraging value chain and partner resources
• Progress: Measuring explicit business and social outcomes

EXPERTISE
FSG has experience working on these topics with corporations across various industries, approaches, and issue areas:

• Industries
  • Pharmaceutical: Abbott, Pfizer, Merck, Eli Lilly
  • Financial Services: Citi, Ernst & Young, Swiss Re
  • Food & Agriculture: Nestlé, Syngenta
  • Energy: BP, ExxonMobil, Shell, Petro-Canada
  • Technology: GE, Microsoft, CA
• Approaches: Corporate Philanthropy, Sustainability, Supply Chain Management, Volunteering, and Lobbying
• Issue Areas: College Access, Workforce Development, Access to Medicines, Climate Change, SME Investing