Tag: sustainability

Corporate social responsibility needs are evolving 11th February 2016 From

Corporate social responsibility needs are evolving

In recent years we have seen corporate social responsibility (CSR) evolve from an abstract line item on mission statements to become a real point of consideration for consumers. Retailers have seen it can even have an impact on the bottom line: a recent report found that a company with a reputation as a sustainability leader can expect 20% increase in revenue and customers are willing to pay a 20% premium for its products. Corporate social responsibility needs to extend across the global supply chain to eliminate problems, but with the right processes retailers and manufacturers can wage the war with better weapons at their disposal and preserve consumer trust.

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