3.11 CSR Considerations in Operations

What is Corporate Social Responsibility?

the ethical conduct of a business above and beyond legal obligations to operate in an economically, socially and environmentally sustainable manner

What is Environmental Sustainability?

a business making decisions that will allow it, and the rest of society to continue to interact with the environment

CSR of inputs

inputs used should not have a negative impact on the environment and should be sourced in an ethical and eco friendly manner

CSR for processes (2)

facilities should contribute to health and welfare of staff, conduct production locally to show its concern for local communities

CSR for products

business should focus on creating high quality products that provide real value and can be recycled after its lifespan

Advantages of CSR (3)

environmental benefit, marketing rep, employee satisfaction benefits

Disadvantages of CSR (2)

can be time consuming to establish, expensive to support non-core activities