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Social Accountability (SA)
SA is the process of assessing and reporting a business's performance on fulfilling the economic, legal, ethical, and philanthropic social responsibilities expected of it by its stakeholders. While corporations have long been held responsible to investors and stockholders, many firms and stakeholders now advocate an expanded view of this accountability, which includes reporting on the role of business within broader society. SA is part of a movement known as SEAAR, the acronym for social and ethical accounting, auditing, and reporting.
Verifying Social Commitment
Social audits, SA reports, and corporate citizenship audits are common names for tools that companies employ to identify and measure their successes and ongoing challenges with social responsibility. Regardless of the name, these reports are important for demonstrating a firm's commitment to ensuring the ...
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