Fairfax Csr

Topics: Social responsibility, Corporate social responsibility, Socially responsible investing Pages: 3 (688 words) Published: May 11, 2013
HOW DOES FAIRFAX MEDIA DEFINE CORPORATE SOCIAL RESPONSIBILITY (CSR)? Fairfax has commenced a process of stakeholder engagement to help determine what matters most to them in terms of its sustainability performance and corporate social responsibilities. This process has included engagement with their people, their shareholders, financial analysts and their audiences. Fairfax identified four areas of focus for Fairfax’s corporate social responsibilities: 1.Editorial integrity: Fairfax’s longstanding commitment to independent public interest journalism is evident in its award-winning content, produced 24 hours a day, seven days a week, across multiple platforms, including newspapers, magazines, websites, social media, mobile and tablet apps and radio. 2. Environment:

*Fairfax has committed to reducing its carbon emissions between 20-25% by 2020 from 2011 levels. * Fairfax recently announced a proposal to close two of its large metropolitan print facilities and consolidate printing more efficiently into its other plants. We have introduced environmental compliance auditing across our printing operations to ensure all sites comply or exceed environmental legislative requirements. 3.People and culture:

*Fairfax has launched initiatives to drive performance and engagement. We are an organisation that thrives on creative minds and technological innovators. This creates a workplace where people are passionate and proud of the work they do. * Restructuring and redundancies apply for those people leaving the business and also for those who stay to secure Fairfax’s financial sustainability.

3.3. Diversity:
Some diversity figures from the past 12 months
• 12 Management Development courses delivered to 211 senior managers – 38% female participation • 4 leadership courses delivered to 71 people – 52% female participation • In our regional businesses, there were 2,769 training places available for sales, editorial, coaching and general management skills...
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