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ADVANTAGES OF SOCIAL AUDIT
• It helps the local community in planning. • It supports the democratic function in the community. • It helps in enhancing the image of an organization in the eyes of the internal as well as the external public. • It assists in the growth and development of human resources. • Social audits provide a way for companies to measure and evaluate their level of corporate social responsibility (CSR) and identify areas where they can improve. • It provides an opportunity for management to evaluate and assess their organization's performance.
• By conducting a social audit, companies can identify gaps between their current performance and their corporate social responsibility (CSR) objectives.
Implementing the recommendations of social auditors can demonstrate a company's commitment to social responsibility and stakeholder engagement.
• When a company publishes its social audit reports, It demonstrates that the company is willing to be open and honest about its social and environmental impact.
• Improved transparency and accountability towards social responsibility can attract more business customers and consumers.
• Social audit results can help companies to identify areas where they need to prioritize social responsibility.
• In social audit, the process involves engaging with local communities and individuals to understand their needs.
• Through social audit, people can voice their concerns and grievances about the implementation of programs and projects in their area.