Abstract

In the era of sustainable development, business organizations are expected to deliver value to their customers, shareholders, and employees as well as adhere to social norms and ethical standards. Social audit mechanism enables companies to not only evaluate their environmental and social performance but also foster continuous improvements. Although the notion of social audit is still evolving, many companies around the world are increasingly adopting social audit practices. This chapter explains the concept of social audit and its increasing relevance in recent years. It discusses the various steps involved in conducting a social audit process. Further, it also provides a detailed understanding of the various elements that need to be assessed for the comprehensive social audit of the organization.

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