A social audit looks at factors such as a company's record of charitable giving, volunteer activity, energy use, transparency, work environment and worker pay and benefits to evaluate what kind of social and environmental impact a company is having in the locations where it operates. Social audits are optional--companies can choose whether to perform them and whether to release the results publicly or only use them internally.
Read more: Social Audit Definition | Investopedia http://www.investopedia.com/terms/s/social-audit.asp#ixzz3yvp75BXy
Follow us: Investopedia on Facebook