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Corporate social responsibility
Management’s awareness of the social & environmental consequences of its actions.
CSR considerations:
the environmental sustainability of inputs
the amount of waste generated from processes
the production of outputs
CSR - Environmental sustainability
A business making decisions that will allow it, and the rest of society, to interact with the environment both now and into the future.
CSR - The amount of waste generated from processes + production of outputs
Implementing strategies that reduce waste (e.g. JIT) to ensure the production processes DON’T create waste in their resources/costs.
CSR practices in relation to INPUTS:
Local inputs
Responsible sourcing
Transport and storage
CSR practices in relation to PROCESSES:
Production
Equipment
CSR practices in relation to OUTPUTS:
Packaging
Marketing