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sTEADY sALARY CLIMB fOR GLOBAL LAUNCH Of MIssION
CsR BOssEs TO MAkE CHANGE
Wage rises in ethical sector reflects Events across the world aim to demonstrate
increasing importance of role. sustainability benefits.
T
he increasing prominence of the Corporate and Social
Responsibility (CSR) department within mainstream business
is reflected in a healthy rise in wages, with some CSR A
series of events in cities across the world have been
organised to show businesses how to implement strategies
for becoming sustainable enterprises.
executives commanding six-figure salaries.
Business leaders in Hong Kong, Warsaw, London, New York, Tokyo
A major new survey from CSR recruitment firm Acre Resources, green and Shanghai are benefiting from the advice given by UK-based
consultancy Acona and newsletter Ethical Performance found that leadership development company Impact, which is showing how
CSR managers in the UK are paid an average of between £40,000 to correlate their financial sustainability with the sustainability of the
and £60,000 a year, while around four per cent are earning upwards planet.
of £120,000 a year.
Impact points to the Dow Jones Sustainability Index (DJSI) – which
The CSR Salary Survey drew responses from 281 CSR executives takes the top ten per cent of companies from the Dow Jones Global
and found that although salaries lagged behind those offered to other Index (DJGI) with the greatest social and environmental commitments
senior executives they are catching up fast. – consistently out-performing the DJGI in terms of profitable
organisations.
A spokeswoman for Acre Resources said that salaries on offer for
CSR executives had climbed steadily over the past four years and that “Now is the perfect time to launch our ‘Creating Sustainable Enterprise’
wages were expected to continue to climb as firms place more and initiative globally, as there is currently huge momentum in this area
more onus on their CSR activities. worldwide,” commented David Williams, Impact’s Founder & CEO.
“We believe that it is no longer enough for businesses to simply
The report also found that CSR professionals are enjoying an have a good Corporate and Social Responsibility (CSR) policy. True
increasingly influential role in the organisation with just under half of sustainability calls for the comprehensive integration of business
CSR directors reporting directly to the chief executive or other board practices and principles, environmental and community activity,
level manager and a quarter commanding an annual budget of more innovation and working culture. For companies that embrace this
than £1m. approach, the benefits are quickly becoming clear – organisations can
do well by doing good.
Paul Burke, senior partner at Acona, said the findings highlighted the
extent to which CSR had entered the corporate mainstream. “The “Sustainable enterprises not only perform well in terms of recognition
fact that these people sit in their own departments and often control and profitability, but also attract the best employees and retain them
substantial budgets with sizeable teams suggests the corporate for longer. From a consumer perspective, a customer is just as likely
responsibility function in larger companies is here to stay,” he said. to buy into a company’s values as it is to buy into its products – the
positive image generated from a sustainable enterprise can help retain
The profession is evenly split between men and women, but the existing customers, as well as attracting new ones.”
survey revealed a distinct gap in pay levels between the sexes. It
found that in line with other business functions there are a significantly Dow Jones Sustainability Index – top holdings (as of Feb 2008)
larger proportion of men in the top pay band, while women are
disproportionately represented in the bottom two pay bands.
Top Holdings
Salary distribution by organisation
1 General Electric Co. 3.27%
2 Procter & Gamble Co. 2.02%
3 BP PLC 2.01%
4 Nestle S.A. 1.84%
5 HSBC Holdings PLC (UK Reg) 1.75%
6 Vodafone Group PLC 1.68%
7 Toyota Motor Corp. 1.63%
8 Total S.A. 1.57%
9 International Business Machines Corp. 1.52%
10 Cisco Systems Inc. 1.45%
9 | ecoexecutive
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