The case for CSR/ Sustainability Reporting Done Responsibly


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Insights on how you can protect the environment, maintain and increase the value of your company, through a structured process.

Insights on how you can protect the environment, maintain and increase the value of your company, through a structured process.

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How CSR gives your company a competitive advantage

Besides proving that your company is socially and environmentally responsible, CSR will also help you gain a competitive advantage, in more than one ways:

  • Reducing business costs: CSR saves money for your company. For example, GE’s Corporate Office achieved energy savings of over 57%, by replacing fluorescent bulbs with GE Lighting’s Lumination LED luminaire.
  • Distinguishing your business from the competition: For every pair of shoes a customer purchases, TOMS donates a pair to a child in need. Calling this initiative ‘One for One’, the footwear company is instantly setting itself apart from the competition.

 

References:

1) This article was compiled using an article from Fox News. For the sake of readability, we did not use brackets or ellipses but made sure that the extra or missing words did not change the article’s meaning. If you would like to quote these written sources from the original please revert to the links below:

http://www.foxnews.com/us/2016/09/09/corporate-social-responsibility-can-give-entrepreneurs-edge.html

https://www.entrepreneur.com/article/274214?utm_source=FoxNews&utm_medium=related&utm_campaign=syndication

http://www.gelighting.com/LightingWeb/emea/images/GE_Corporate_Madrid_HQ_with_Lumination_Press_release_EN_tcm181-31319.pdf

https://www.entrepreneur.com/article/280581?utm_source=FoxNews&utm_medium=related&utm_campaign=syndication

http://www.toms.com/what-we-give-shoes

http://chiefexecutive.net/overcoming-competition-find-retain-best-employees/

http://www.forbes.com/sites/danschawbel/2015/01/20/10-new-findings-about-the-millennial-consumer/#14c45da228a8

https://www.entrepreneur.com/article/269665?utm_source=FoxNews&utm_medium=related&utm_campaign=syndication

http://www.newswire.ca/news-releases/employees-identify-the-green-30-organizations-based-on-eco-friendlyprograms-and-practices-539725631.html

http://www.nielsen.com/content/dam/nielsenglobal/dk/docs/global-sustainability-report-oct-2015.pdf

2) http://www.fbrh.eu/en/csr-sustainability-facts-and-research

 

 

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