For close to 20 years, University of St. Michael’s College has been the go-to school in Canada to study Corporate Social Responsibility, an operational philosophy also known by a variety of other labels, including ESG (Environmental, Social, and Governance), Corporate Citizenship,bor Social Purpose and Social Innovation.
The common thread is an institution’s commitment to action that enhances the common good by adopting strategies such as environmentally friendly processes, fair labour practices, or corporate volunteer efforts. Proponents of CSR argue that a strong strategy can have multiple benefits, from answering shareholder concerns and aligning with a board’s ethics through to self-preservation and furthering employees’ sense of participation in something valuable, all factors that can contribute to a stronger bottom line.
A "Top-Notch Program"
“It’s a top-notch program, the only one of its kind in Canada connecting like-minded people with similar passions in Corporate Social Responsibility,” says
Alexandra Biron, who is Assistant Manager, Corporate Responsibility at professional services firm Deloitte in Toronto.
She looked at online offerings from other schools but was drawn to St. Mike’s both because of the in-person sessions, as well as what she heard from former students.
“You can find a lot of information online but the network of professors and speakers is what’s most valuable. You are a cohort with a diverse group in terms of age, sector, experience, background, and even with those who might not come from a CSR background but are looking to change fields,” Biron explains. “These people share their struggles and high points, especially as so much can happen in 13 months. These are people with similar values and passions in a variety of jobs.”
President's Capstone Award Winners
Biron was one of the two winners of the inaugural President’s Capstone Award this past Fall for her project, entitled Deloitte Canada 2019 Indigenous Impact Report, which examined the impact [Deloitte has] made with Indigenous communities through pro bono work, volunteering, donations, sponsorships or serving as directors on boards.
“This report was the first of its kind for the firm. We publish an annual CR report but this was the first time we looked at the impact we were having with Indigenous communities. It’s led to an even bigger project, which is the firm’s Reconciliation Action Plan, which is set to launch in 2020 and will set the stage for how Deloitte will move forward on implementing TRC recommendations into its corporate life.”
Like Biron, Sarah Thirnbeck credits the program with offering her the skills to lead change in her workplace. Thirnbeck, who is Associate Director of Strategic Impact for the Canadian Real Estate Association in Ottawa, says of the program, “It changed my life.”
When moved from handling social media into her current duties this past Fall, Thirnbeck sought a program to help her create a vision for her new role. While seeking resources online, she found mention of the St. Mike’s program “and it fulfilled all my expectations. I arrived on Day 1 knowing I wanted to develop a CSR strategy for my organization but I became like a sponge, soaking up information.” Thirnbeck was the other winner of 2019 President’s Capstone award.