FIBS: Fair Data Economy
Data is increasingly becoming a valuable raw material in business. Like any other resource, it should be examined from the point of view of corporate responsibility.
For this reason, FIBS and Sitra have set out to identify and implement best practices for the responsible use of data, through a series of workshops “Making Data Part of Corporate Social Responsibility”.
The workshop series aims to create a competitive advantage from the fair data economy, by identifying what data as part of corporate social responsibility means, what the characteristics are of a company that uses data responsibly and how responsible behaviour should be implemented.
Disclosing how data is used can bring value to a company’s internal process and engagement with its stakeholders.
CSR Europe encourages companies to adopt a ‘Total Impact Disclosure’ approach to enhance social, environmental, climate and tax disclosure. In doing so, companies and investors will set the stage for impactful investments. Find out more here.