Here are a few standard definitions from relevant players in the social economy sector. Turn the page by clicking the 'NEXT' button for another definition.
Social auditing is the planning and monitoring of both business and social objectives and activities within a social enterprise - it helps ensure that the focus isn’t always on the budget!
Pearl of Wisdom
Click on the below pearl to reveal real-life experiences about Social Auditing.
“Companies have a duty of accountability for their actions to all their stakeholders, not just those who provide financial capital. Relatively few have accepted that challenge by regularly publishing reports on their economic, environmental and social performance. However, the real challenge is not just to publish a prescribed set of data and benchmarks but to demonstrate how the company responds to the interests and concerns of its stakeholders.”
Richard Evans, The Guardian
Effective organisations have a clear vision of where they are going and of how they are going to get there. The social audit process can help produce this clarity of purpose and efficiency of procedure.
