JGBC Uncategorised

Indicators and Notes for Local Action Focus in the Assessment Form

Indicator 5.2.1: Do you work with schools and community groups as a local employer?

  • Notes: This indicator assesses the extent to which businesses engage with schools, community groups, and other civic institutions as local employers. It emphasizes the importance of corporate support beyond traditional philanthropy, extending to educational and community development initiatives.

Indicator 5.2.2: Do you give time and resources to community initiatives and projects?

  • Notes: This indicator evaluates the involvement of businesses in community initiatives and projects, ranging from one-off activities to ongoing commitments. It underscores the value of corporate participation in activities that enhance the local environment and contribute to community well-being.

Indicator 5.2.3: Do you collaborate with other corporates to support local initiatives?

  • Notes: Collaboration among corporates to support local initiatives is crucial for maximizing the impact of community projects. This indicator emphasizes the importance of strategic partnerships and collective action in addressing local challenges and driving positive change.

Indicator 5.3.1: Do you facilitate local democratic involvement?

  • Notes: Businesses play a vital role in promoting civic engagement and democratic participation within their communities. This indicator evaluates the extent to which businesses support activities such as voting, political candidacy, and awareness-building around local political issues.

Indicator 5.3.2: Have you made public your support for the rule of law and democratic institutions?

  • Notes: Upholding the principles of the rule of law and democratic governance is fundamental to ethical business conduct. This indicator assesses businesses’ efforts to publicly declare their commitment to democratic values and ethical governance practices.

Indicator 5.3.3: Do you have a policy of transparency in lobbying and democratic influence?

  • Notes: Transparency in lobbying and democratic influence is essential for maintaining public trust and accountability. This indicator examines businesses’ policies and practices regarding the disclosure of political activities, donations, and interactions with public officials.

Indicator 5.4.1: Do you have a published policy to buy local, hire local, and train local?

  • Notes: Supporting the local economy through procurement, hiring, and training initiatives is key to fostering economic resilience and sustainability. This indicator evaluates businesses’ formal policies and commitments to prioritize local suppliers, talent, and training opportunities.

Indicator 5.4.2: Do you factor in local impact into your economic decision-making?

  • Notes: Considering the local impact of economic decisions is essential for responsible business practices. This indicator assesses the extent to which businesses integrate local considerations into their decision-making processes, thereby promoting economic inclusivity and community development.

Indicator 5.4.3: Do you make your board aware of issues of local footprint and interdependency?

  • Notes: Boards play a crucial role in setting the strategic direction of businesses, including their impact on local communities. This indicator examines businesses’ efforts to inform their boards about local footprint issues and interdependencies, fostering greater accountability and responsibility in corporate decision-making.

By focusing on these indicators and their accompanying notes, businesses can gain a comprehensive understanding of the Jersey Good Business Charter’s expectations regarding local action. Meeting these criteria not only benefits the community but also contributes to the long-term sustainability and success of businesses operating in Jersey.