Corporate social responsibility is on the increase but is it enough?

More and more companies are implementing environmental management systems and showing corporate social responsibility but is it enough to counter act the environmental consequences that have already been created?

 

Corporate social responsibility in the form of an environmental management system is being seen across more and more companies now but with the hit and reduced budget spends will these systems still be maintained when consumers are forced to buy the cheaper versions of products?

anagement systems have been used for a little while starting back in the 1980's. These range from a company monitoring and trying to limit CO2 emissions to a full blown cost accounting system dealing with every part of the environment that the company has an affect on. The main truth that will be revealed out of this recession is, what proportion of these companies were doing it for market share, competitive edge and financial gain.

 

Not that this is a negative point as money does drive change but if that is the only factor driving the change then now the money has slowed the rate of change will also. The only thing that can keep companies heading in the right direction is shareholder, governmental and public pressure.

With a slow down of the implementation and rate of change it is going to take a longer time to reduce the damage that has already been done and the damage that is constantly being done.

At the end of the day the consumers have the power whether they realise it or not, so put a little more thought into your 15pence/cents saving on your supermarket purchase as that saved money could have been funding a small percentage of the positive progression we need corporations to be taking.

 

 

Article By P.Mitchell from the Business Definition site

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Corporate Social Responsibility