Welcome Tuesday, December 02, 2008
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is a concept with growing currency across the globe. It involves looking at how companies take account of social and environmental factors and how these can impact on their reputation among consumers and in the business world.
The involvement of procurement and supply management professionals in CSR policies is increasingly crucial. Sourcing from low-cost countries, for example, is an area fraught with dangers for the procurement function and the business as a whole. Senior procurement managers are ideally placed to input expert knowledge and experience in discussions of low-cost country sourcing in a way that can help reduce the risk of extremely damaging publicity or dealing with costly legal challenges.
It is therefore imperative for procurement and supply chain departments to build constructive relationships with key stakeholders while increasing business transparency and good governance. In this way they can play a pivotal role in shaping the business in a sustainable and competitive way, making sure the highest ethical standards are followed.
The mentality of "out of sight, out of mind" outsourcing is a serious mistake.
CSR NEWS
- Brazil still struggling to cut rebel loggers down to size
Fri, 28 Nov 2008 14:11:00 - Starbucks milks ethical sourcing route
Wed, 26 Nov 2008 17:22:14 - Report calls for fairtrade re-think
Wed, 19 Nov 2008 12:30:00 - Ethical awareness sees change of sourcing approach at ASDA
Fri, 31 Oct 2008 09:13:00 - Nike goes green with swish new range
Thu, 30 Oct 2008 19:32:00
CSR ARTICLES
- Three cases for Africa
Wed, 22 Oct 2008 08:06:00 - Delivering results
Wed, 22 Oct 2008 07:56:00 - BT pulling no punches in sustainability fight
Mon, 20 Oct 2008 15:21:00 - Opinion: A care in the world
Wed, 27 Aug 2008 11:39:00 - Pick of the sustainable crop
Wed, 27 Aug 2008 10:47:00
